Business
American Hotel Income Properties REIT LP Reports Q3 2025 Results With Same Property 1.9% RevPAR Growth and Provides Corporate Update
VANCOUVER, British Columbia, Nov. 06, 2025 (GLOBE NEWSWIRE) -- American Hotel Income Properties R...

About this update from American Hotel Income Properties Reit Lp
[{"type":"text","content":"American Hotel Income Properties REIT LP Reports Q3 2025 Results With Same Property 1.9% RevPAR Growth and Provides Corporate Update\n\n\n\n VANCOUVER, British Columbia, Nov. 06, 2025 (GLOBE NEWSWIRE) -- American Hotel Income Properties REIT LP (“\n \n AHIP\n \n ”, or the “\n \n Company\n \n ”) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB. V), today announced its financial results for the three and nine months ended September 30, 2025.\n \n\n All amounts presented in this news release are in United States dollars (“\n \n U.S. dollars\n \n ”) unless otherwise indicated.\n \n\n\n 2025 THIRD QUARTER HIGHLIGHTS\n \n\n\n\n Same Property ADR\n \n (\n \n\n 1)\n \n was $141 for the third quarter of 2025 an increase of 0.7% compared to the same period of 2024.\n \n\n Same Property Occupancy\n \n (\n \n\n 1)\n \n was 75.0% for the third quarter of 2025, an increase of 70 bps compared to the same period of 2024.\n \n\n Same Property RevPAR\n \n (\n \n\n 1)\n \n was $106 for the third quarter of 2025, increased by 1.9% to compared to the same period of 2024.\n \n\n Same property NOI was $13.7 million for the third quarter of 2025, a decrease of 8.1% compared to $14.9 million for the same period of 2024.\n \n\n Same property NOI margin was 29.0% for the third quarter of 2025, a decrease of 320 bps compared to 32.2% for the same period of 2024.\n \n\n RevPAR\n \n (\n \n\n 1)\n \n increased by 10.5% to $106 for the third quarter of 2025, compared to $95 for the same period of 2024.\n \n\n Diluted FFO per unit\n \n (\n \n\n 1)\n \n and normalized diluted FFO per unit\n \n (\n \n\n 1)\n \n were $0.02 for the third quarter of 2025, compared to $0.06 and $0.07 respectively for the same period of 2024.\n \n\n Completed the disposition of one hotel property during the quarter for total gross proceeds of $17.4 million at a blended Cap Rate of 6.9% on 2024 annual hotel EBITDA.\n \n\n AHIP has no debt maturities until the fourth quarter of 2026.\n \n\n AHIP intends to continue its strategy to sell hotel properties to enhance liquidity, reduce debt and manage future financial obligations. AHIP currently has seven hotels under PSA for expected gross proceeds of $77.0 million, with approximately ten additional hotels currently being marketed for sale.\n \n\n\n\n\n “AHIP continues to make significant progress on ou...