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American Hotel Income Properties Completes $2.3 Million Renovation at the Embassy Suites Cincinnati (Covington, KY)
American Hotel Income Properties Completes $2.3 Million Renovation at the Embassy Suites C...
About this update from American Hotel Income Properties Reit Lp
[{"type":"text","content":"\n\n\n\nAmerican Hotel Income Properties Completes $2.3 Million Renovation at the Embassy Suites Cincinnati (Covington, KY)\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Nov. 1, 2018\n\n\n\nVANCOUVER, Nov. 1, 2018 /CNW/ - American Hotel Income Properties REIT LP (\"AHIP\", the \"Company\") (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U) is pleased to announce that it has completed approximately US$2.3 million of renovations at its Embassy Suites Cincinnati, located across the river from downtown Cincinnati in Covington, Kentucky.  \n\n \n \n\n \n\"This is the second of three Embassy Suites hotels we are renovating this year, to modernize these properties and better cater to today's business and leisure travellers.  In total, US$10.4 million of pre-funded capital has already been invested in, or allocated to, upgrading these three Embassy Suites hotels during 2018,\" said John O'Neill, CEO.  \"As some of the most notable and newly renovated hotels in our portfolio, we believe our Embassy Suites hotels are extremely well positioned to generate improved earnings and increased market share in the years ahead.\" \nMr. O'Neill continued: \"Hotel renovations generally cause some guestroom displacement, so we're pleased to have our Embassy Suites Cincinnati property operating at its full capacity once again.  This hotel now provides a more social and modern environment for our guests to enjoy – especially in the completely rebuilt atrium and lobby, which now showcases contemporary décor, soothing water features, a living wall feature, and all-new furniture situated to provide more intimate seating areas.  This renovation also included the expansion of our lobby bar, where guests can relax and enjoy offerings from an expanded menu with the launch of the hotel's new NEAT Bourbon Bar and Restaurant.\"\nKey aspects of the Embassy Suites Cincinnati renovation project included updates to all 227 guestrooms, where new bathrooms, TV units, furnishings and artwork were installed.  In addition, significant renovations occu...