Record Average Daily Rate and RevPAR
AHIP achieved all-time highs in average daily rate and RevPAR. The RevPAR index increased by 70 basis points to almost 115% during the quarter, highlighting the success of strategic asset dispositions.
Successful Asset Dispositions and Debt Management
AHIP sold 16 hotel properties in 2024 for $165.2 million and completed the disposition of 11 hotel properties in the first half of 2025 for $73.5 million. These sales improved portfolio asset quality and reduced leverage. AHIP has no secured debt maturing until late 2026.
Improvement in Extended Stay Segment
The Extended Stay segment was the strongest performing vertical, with a RevPAR increase of 1% over Q2 2024, finishing at $115.
Stabilized Labor Costs
Reliance on third-party labor has declined by 75% since the end of 2023, helping stabilize rooms department costs and improving housekeeping efficiency.