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AMERICAN HOTEL (TSE:HOT.UN)
TSX:HOT.UN
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.22Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 01, 2025
|% Change Since: -5.17%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed performance with notable achievements in revenue growth, successful property dispositions, and refinancing efforts. However, challenges persist in the form of margin pressures, operational difficulties, and certain segment declines. While certain strategic initiatives have bolstered financial stability, consistent operational issues and margin decreases present ongoing concerns.Company Guidance
During the American Hotel Income Properties REIT LP's fourth-quarter conference call for the fiscal year 2024, several key metrics were discussed, reflecting the company's financial performance and strategic initiatives. AHIP reported a 5% increase in total revenue for the year, with a RevPAR of $98, marking a 4.5% improvement over 2023. Despite facing high labor and operational costs that led to a 45-basis-point decline in NOI margin to 30.6% for the year, the company is actively working on cost control measures. AHIP successfully disposed of 16 properties for $165.2 million, with a blended cap rate of 7% on 2023 annual hotel EBITDA, and plans to use the proceeds to reduce debt, achieving a 610-basis-point decrease in debt to gross book value and a 2.5-turn reduction in debt to EBITDA. The company's portfolio of 49 hotels achieved a RevPAR index of 116.1, with Extended Stay and Select Service segments driving growth. Additionally, AHIP completed refinancing activities, securing total gross proceeds of $144.3 million, which helped repay its senior credit facility and improve financial stability.Strong Revenue Growth
Total revenue grew by 5% for the year and RevPAR increased by 4.5% compared to fiscal year 2023, driven by occupancy and ADR growth.
Successful Disposition Program
Completed the disposition of 16 properties with total gross proceeds of $165.2 million, representing a blended cap rate of 7% on 2023 annual hotel EBITDA.
Debt Reduction Achievements
Reduced debt to gross book value by 610 basis points and debt to trailing 12 months EBITDA by around 2.5 turns during 2024.
Refinancing Success
Completed refinancing for total gross proceeds of $144.3 million, resulting in the full repayment of the senior credit facility.
Extended Stay Vertical Performance
Extended Stay vertical saw RevPAR growth of 8% over fiscal year 2023, being the strongest performing segment in the portfolio.
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TSE:HOT.UN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:HOT.UN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 01, 2025 | C$0.58 | C$0.53 | -8.62% |
| Nov 07, 2024 | C$0.61 | C$0.61 | 0.00% |
| Aug 06, 2024 | C$0.48 | C$0.47 | -3.12% |
| May 07, 2024 | C$0.67 | C$0.57 | -14.93% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does AMERICAN HOTEL (TSE:HOT.UN) report earnings?
AMERICAN HOTEL (TSE:HOT.UN) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is AMERICAN HOTEL (TSE:HOT.UN) earnings time?
AMERICAN HOTEL (TSE:HOT.UN) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:HOT.UN EPS forecast?
Currently, no data Available
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