VANCOUVER, Nov. 16, 2018 /PRNewswire/ - American Hotel
Income Properties REIT LP ("AHIP", the "Company") (TSX: HOT.UN,
HOT.U, and HOT.DB.U) discloses that John
O'Neill, CEO, purchased 100,000 additional units in the past
week, through open market purchases.
Since September 12, 2018, when he
was announced as AHIP's new CEO, Mr. O'Neill has acquired 254,400
additional units of AHIP. The acquisition of these units has
also been disclosed through regulatory filings.
ABOUT AMERICAN HOTEL INCOME PROPERTIES REIT LP
American Hotel Income Properties REIT LP (TSX: HOT.UN; HOT.U and
HOT.DB.U), or AHIP, is a limited partnership formed to invest in
hotel real estate properties located substantially in the United States. AHIP currently has 113
hotels, and is engaged in growing its portfolio of premium branded,
select-service hotels in larger secondary markets that have diverse
and stable demand. AHIP hotels operate under brands affiliated with
Marriott, Hilton, IHG, Wyndham and Choice Hotels through license
agreements. The company's long-term objectives are to build
on its proven track record of successful investment, deliver
reliable and consistent U.S. dollar denominated distributions to
unitholders, and generate value through the continued growth of its
diversified hotel portfolio. More information is available at
www.ahipreit.com.
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SOURCE American Hotel Income Properties REIT LP