American Hotel Income Properties Reit Lp · TSX:HOT.U
American Hotel Income Properties Reit Lp — Investor Presentation (August 2026)
19 slides from American Hotel Income Properties Reit Lp's investor presentation, August 2026
Slide 1: Investor Presentation
Investor Presentation August 2026 | TSX: HOT.UN (C$) | TSX:HOT.U (US$) | TSX:HOT.DB.V (US$) Hilton Garden Inn – Milford
Slide 2: Legal Disclaimer
Legal Disclaimer General This presentation is provided for informational purposes only and is not, and under no circumstances is it to be construed as, an offer to sell any of the securities described herein or a solicitation of an offer to buy any of the securities described herein in any jurisdict
Slide 3: Why Invest in AHIP
Why Invest in AHIP Value Proposition Commentary Undervalued • Recent dispositions demonstrate current market valuation is discounted to portfolio value at current unit price • Dispositions have improved the portfolio from both a quantitative (RevPAR, margins, leverage) and qualitative perspective (a
Slide 4: Initiatives to Strengthen Financial Position and Preserve Unitholder Value
Initiatives to Strengthen Financial Position and Preserve Unitholder Value The AHIP Board together with management, have implemented a plan to strengthen AHIP’s financial position and to preserve unitholder value. Initiatives, and progress made to date, are outlined below: 2025 / 2026 Refinancing &
Slide 5: Hotel Overview
Hotel Overview As of June 30, 2026 Premium Branded Geographically Affiliation with High-Quality Select-Service Diversified Leading Global Portfolio Hotels Suburban Drive-to Hotel Brands Locations 23 11 core brand ~7 years(1) average age hotels states families 2,414 20 10 >$170 million capex since IP
Slide 6: AHIP's Portfolio Footprint
AHIP’s Portfolio Footprint As of June 30, 2026 YE-2023 Portfolio Current Portfolio (69 Assets) (23 Assets) Property Type(1) Property Type(1) Embassy Embassy Suites 17% Suites 9% Extended Stay Select Service Extended Stay Select Service 31% 52% 34% 57% Geographic Breakdown by Room Geographic Breakdow
Slide 7: Strong Brand Recognition
Strong Brand Recognition As of June 30, 2026 AHIP’s core portfolio has long-term brand affiliation with three of the largest global hotel companies Guestrooms by Brand 4.1% 2 hotels 4.6% 17.2% Holiday Inn Express 3.6% Staybridge Suites 8 hotels 11.7% Hampton Inn 9.4% Embassy Suites Home2 Suites Hilt
Slide 8: Experienced Management Team
Experienced Management Team Relevant Experience Accomplishments • Over 35 years of experience in the hospitality industry John O’Neill • AHIP Co-Founder & CEO 2018-2020 / 2025-present • Recognized as an industry leader, having been named Canadian Hotelier of the Year, Entrepreneur of the Vancouver •
Slide 9: Portfolio Overview
Portfolio Overview Asset Management Strategy Courtyard by Marriott – Bismarck
Slide 10: Dedicated Asset Management Team
Dedicated Asset Management Team Asset Management Initiatives Portfolio Analytics Active Asset Management Portfolio / Capex Planning Brand Relationships • Evaluate asset and • Comprehensive • Repositioning and • Increase brand portfolio performance review of all AHIP rebranding engagement assets oppo
Slide 11: Benefits of Premium Branded Select-Service Hotels
Benefits of Premium Branded Select-Service Hotels Focused Operating Model Benefit from Brand Partnerships Wide Array of Demand Generators • Lean operating model with • High-quality branded hotels that • Business revenues primarily driven from appeal to multiple market rooms segments • Leisure • Limi
Slide 12: Operational & Financial Summary
Operational & Financial Summary Residence Inn by Marriott - Mt Laurel
Slide 13: Recent Performance vs Peers
Recent Performance vs Peers As of June 30, 2026 Q2-2026 RevPAR 1.07x 1.03x 1.07x 1.05x 1.05x 1.04x 1.10x $200.00 $167.15 $155.68 $157.97 $150.00 $136.17 $136.06 $115.76 $100.00 0.55x $50.00 $0.00 0.00x AHIP and peers grew RLJ CLDT AHT RevPAR APLE vs. 2025 INN HOT top-line from a YoY perspective. Q2-
Slide 14: Operating Trend
Operating Trend As of June 30, 2026 Occupancy Trend 2024/2025 2025/2026 YoY 1.03x 100% 1.01x 1.05x 0.98x 0.97x 75% Occupancy (%) 0.90x 50% 0.75x 25% Occupancy performance -- 0.60x in Q2-26 showed Q3-2025 Q4-2025 Q1-2026 Q2-2026 significant growth. ADR Trend 2024/2025 2025/2026 YoY $180 1.02x 1.01x 1
Slide 15: Operating Trend (cont'd)
Operating Trend (cont’d) As of June 30, 2026 RevPAR Trend 2024/2025 2025/2026 YoY 1.04x $120 1.01x 1.05x 1.00x 0.99x $80 0.90x RevPAR ($) RevPAR performance $40 0.75x improved from a YoY perspective the last -- Q3-2025 Q4-2025 Q1-2026 Q2-2026 0.60x quarter; margins remain under pressure due to GOP(1
Slide 16: Balance Sheet Snapshot
Balance Sheet Snapshot As of June 30, 2026 • Unrestricted cash balance of $21.5 million • Restricted cash balance of $14.5 million Debt Maturity Schedule(1) ($ millions) • $17.4 million available under the Portfolio CMBS Portfolio Loan Convertible Debentures Loans for capital improvements related to
Slide 17: Appendix
Appendix www.ahipreit.com info@ahipreit.com (604) 630 - 3134 810-925 West Georgia Street, Vancouver BC V6C 3L2 Canada TownePlace Residence Suites Inn by byMarriott Marriott-–San Pittsburgh Angelo
Slide 18: Financial Snapshot
Financial Snapshot 2023 Annual Results 2024 2025 (Restated) Number of Guestrooms 7,790 5,445 3,785 Revenue (‘000) $280,521 $256,884 $187,784 EBITDA (‘000)(1) $64,733 $59,456 $36,698 EBITDA Margin(2) 23.1% 23.1% 19.5% Normalized FFO per Unit - $0.36 $0.19 - Diluted(2) Debt-to-Gross Book Value(3) 52.0
Slide 19: Non-IFRS Measures
Non-IFRS Measures Certain non-IFRS financial measures and non-IFRS ratios are included in this presentation. The non-IFRS financial measures used in this presentation include FFO and EBITDA, the non-IFRS ratios used in this presentation include Normalized FFO per Unit – Diluted, EBITDA Margin, and H
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