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American Hotel Income Properties REIT LP Reports Q4 2025 Results, Improved Balance Sheet and Demonstrated Hotel Value
VANCOUVER, British Columbia, March 30, 2026 (GLOBE NEWSWIRE) -- American Hotel Income Properties ...
About this update from American Hotel Income Properties Reit Lp
[{"type":"text","content":"American Hotel Income Properties REIT LP Reports Q4 2025 Results, Improved Balance Sheet and Demonstrated Hotel Value\nVANCOUVER, British Columbia, March 30, 2026 (GLOBE NEWSWIRE) -- American Hotel Income Properties REIT LP (“AHIP”, or the “Company”) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB. V), today announced its financial results for the three months and year ended December 31, 2025. All amounts presented in this news release are in United States dollars (“U.S. dollars”) unless otherwise indicated. 2025 FOURTH QUARTER HIGHLIGHTS Same Property ADR(1) was $137 for the fourth quarter of 2025 an increase of 1.5% compared to the same period of 2024.Same Property Occupancy(1) was 68.9% for the fourth quarter of 2025, a decrease of 100 bps compared to the same period of 2024.Same Property RevPAR(1) was $94 for the fourth quarter of 2025, consistent with the same period of 2024.Same property NOI was $7.2 million for the fourth quarter of 2025, a decrease of 22.3% compared to $9.2 million for the same period of 2024.  Same property NOI margin was 19.7% for the fourth quarter of 2025, a decrease of 560 bps compared to 25.3% for the same period of 2024.  RevPAR increased by 3.7% to $94 for the fourth quarter of 2025, compared to $91 for the same period of 2024.Diluted FFO per unit and normalized diluted FFO per unit were ($0.07) for the fourth quarter of 2025, compared to nil for the same period of 2024.Revenue decreased 25.6% to $40.5 million for the fourth quarter of 2025, compared to $54.4 million for the same period of 2024.NOI decreased 48.9% to $6.4 million for the fourth quarter of 2025, compared to $12.4 million for the same period of 2024.On March 13, 2026, AHIP redeemed $25.0 million of the $50.0 million Series C Shares. “AHIP continues to make progress on our plan to reduce debt and high-grade the portfolio through asset sales and loan refinancings,” said John O’Neill, CEO. “In 2025 and early 2026, AHIP completed the dispositions of 19 hotel properties for total gross proceeds of $169.2 million. AHIP currently has eight further hotel properties under purchase and sale agreements for estimated total gross proceeds of $137.3 million which are expected to close by the end of the second quarter 2026.” “Dispositions completed in 20...