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American Hotel Income Properties Completes US$3.0 Million of Renovations at The Embassy Suites Columbus
American Hotel Income Properties Completes US$3.0 Million of Renovations at The Embassy Su...
About this update from American Hotel Income Properties Reit Lp
[{"type":"text","content":"\n\n\n\nAmerican Hotel Income Properties Completes US$3.0 Million of Renovations at The Embassy Suites Columbus\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, Jan. 16, 2019\n\n\n\nVANCOUVER, Jan. 16, 2019 /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$3.0 million of renovations at the Embassy Suites Columbus (in Dublin, Ohio).  The official unveiling of the newly renovated hotel occurred yesterday, with AHIP executives there to welcome loyal guests, local media, event planners, and other travel sector professionals.\n\n \n \n\n \n\"We're very pleased to see this important hotel renovation now complete, on time and on budget.  Our Embassy Suites Columbus property is the third Embassy Suites hotel we've updated so far,\" said John O'Neill, CEO.   \"The renovations at this property were extensive and have completely modernized the atrium, lobby, restaurant bar, and breakfast buffet.\"  \nMr. O'Neill continued: \"Our 2018 hotel renovation program has allowed us to better position six of our larger hotel properties in their respective markets, and we look forward to seeing the benefit of these hotel upgrades in the year ahead. During 2019 we expect to continue with renovations at additional hotels to enhance their market profile, and efficiently deploy and invest the capital we already have in reserve.  While more hotels will be renovated in 2019 than in 2018, the type of construction activity and layout of the hotels is expected to result in significantly less disruption for our hotel guests and hotel performance than we saw last year.\"\nKey aspects of the US$3.0 million of renovations at the Embassy Suites Columbus hotel include a completely rebuilt atrium, lobby bar and breakfast buffet; upgrades to guestroom bathrooms; and, enhancements and updates to meeting room facilities.  AHIP expects to begin similar renovation work at its Embassy Suites properties in Independence (Clev...