American Hotel Income Properties REIT LP Announces Increased Liquidity Under Its Revolving Credit Facility

 All amounts presented in this news release are in United States dollars (“U.S. dollars”) unless otherwise indicated.

VANCOUVER, British Columbia, Nov. 30, 2023 (GLOBE NEWSWIRE) -- American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB. V), today announced increased liquidity under its revolving credit facility (the “RCF”) following the completion of new hotel appraisals obtained in accordance with the terms of AHIP’s previously announced amendment to its RCF completed on November 7, 2023 (the “Sixth Amendment”).

Read more at globenewswire.com