American Hotel Income Properties REIT LP Announces July 2014 Cash Distribution and Q2 2014 Financial Results Conference Call
Canada NewsWire
VANCOUVER, July 21, 2014
VANCOUVER , July 21, 2014 /CNW/ - American Hotel Income Properties REIT LP ("AHIP") (TSX: HOT.UN; OTCQX: AHOTF) announced today a cash distribution of Cdn$0.075 per limited partnership unit ("Unit") for the period of July 1, 2014 to July 31, 2014 , which is equivalent to Cdn$0.90 per Unit on an annualized basis. The distribution will be paid on August 15, 2014 to unitholders of record at the close of business on July 31, 2014 .
The policy of AHIP is to pay cash distributions on or about the 15th day of each month to the unitholders of record on the last business day of the preceding month.
AHIP also announced the scheduling of its Q2 2014 Financial Results Conference Call.
Robert O'Neill , CEO, Azim Lalani , CFO and Robert Hibberd , Executive Vice President of AHIP will host a conference call at 4:00 p.m. (Eastern time) or 1:00 p.m. (Pacific time) on Friday August 15, 2014 , to review the financial results and corporate developments for the three and six month periods ended June 30, 2014 .
To participate in this conference call, please dial one of the following numbers approximately 10 minutes prior to the commencement of the call, and ask to join the American Hotel Income Properties conference call.
Dial in numbers:
Toll-free dial in number (from Canada and USA )............................................................................................ 1-888-390-0546
International or Local Toronto........................................................................................................................ 1-416-764-8688
Conference Call Replay:
If you cannot participate on August 15, 2014 , a replay of the conference call will be available by dialing one of the following replay numbers. You will be able to dial in and listen to the conference call 120 minutes after the meeting end time, and the replay will be available until August 22, 2014 .
Please enter the Replay ID# 453060, followed by the # key.
Replay Dial in number (Toll Free from Canada or the USA )........................................................................... 1-888-390-0541
International or Local Toronto........................................................................................................................ 1-416-764-8677
ABOUT AMERICAN HOTEL INCOME PROPERTIES REIT LP
AHIP is a limited partnership formed under the Limited Partnerships Act ( Ontario ) to invest in hotel real estate properties located substantially in the United States and engaged primarily in the railway employee accommodation, transportation, and contract-focused lodging sectors. AHIP's long-term objectives are to: (i) generate stable and growing cash distributions from hotel properties substantially in the U.S.; (ii) enhance the value of its assets and maximize the long-term value of the hotel properties through active management; and (iii) expand its asset base and increase its AFFO per Unit through an accretive acquisition program, participation in strategic development opportunities and improvements to its properties through targeted value-added capital expenditure programs.
ADDITIONAL INFORMATION
Additional information relating to AHIP, including its other public filings, is available on SEDAR at www.sedar.com and on AHIP's website at www.ahipreit.com .
THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS NEWS RELEASE.
SOURCE American Hotel Income Properties REIT LP
