American Hotel ( (AHOTF) ) has released its Q4 earnings. Here is a breakdown of the information American Hotel presented to its investors.
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American Hotel Income Properties REIT LP (AHIP) is a limited partnership that invests in hotel real estate properties across the United States, focusing on premium branded, select-service hotels in secondary metropolitan markets. AHIP’s 2024 financial results reveal a year of strategic asset management, with a 5.6% increase in RevPAR and significant property dispositions aimed at reducing debt. The company completed the sale of 16 hotel properties, generating $165.2 million in gross proceeds, and reduced its debt-to-gross book value ratio to 45.9%. Despite a decrease in diluted FFO per unit from $0.48 to $0.21, AHIP improved its liquidity position, ending the year with $42.9 million in available liquidity. Looking ahead, AHIP plans to continue its strategy of selling hotel properties to enhance liquidity and reduce debt, with no debt maturities until the fourth quarter of 2026.