American Hotel Income Properties REIT LP Reports Q1 2026 Results


FORWARD-LOOKING
INFORMATION
This news release contains forward-looking information and financial outlook within the meaning of applicable securities laws. Forward-looking information and financial outlook generally can be identified by words such as “anticipate”, “believe”, “continue”, “expect”, “estimates”, “intend”, “may”, “outlook”, “objective”, “plans”, “should”, “will” and similar expressions suggesting future outcomes or events. Forward-looking information and financial outlook include, but are not limited to, statements made or implied relating to the objectives of AHIP, AHIP’s strategies to achieve those objectives and AHIP’s beliefs, plans, estimates, projections and intentions and similar statements concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. Forward-looking information and financial outlook in this news release include, but are not limited to, statements with respect to: AHIP’s planned capital projects; AHIP’s expectations with respect to the performance of its hotel portfolio; AHIP’s expectations with respect to inflation, labour supply, labour costs, interest rates and other market financial and macroeconomic conditions in 2026 and the expected impacts thereof on AHIP’s financial position and performance, including on ADR, occupancy and RevPAR, NOI and NOI margins; AHIP’s strategic initiatives and the intended outcomes thereof, including strengthening AHIP’s financial position and improving unitholder value; AHIP’s expectations with respect to the macroeconomic and operating environment, including certain specific expectations for the 2026 fiscal year; AHIP continuing to make progress on its plan to reduce debt and high-grade the portfolio through asset sales and loan refinancings; AHIP’s plan, with closing of hotels currently under contract, expected refinancing of unencumbered properties and additional planned hotel sales, to be in a position to redeem the remainder of the Series C Shares and the Debentures in 2026; the Strategic Review and the possibility of a transaction or initiative involving AHIP, which may result in further hotel sales to enhance liquidity, reduce debt and manage future financial obligations; additional hotels being under consideration for sale; AHIP’s planned property dispositions, including the expected terms and timing thereof and the financial impact thereof on AHIP (including the estimated amount and uses of the proceeds from such dispositions); AHIP not having any debt maturities until the fourth quarter of 2026, and its intended means of addressing such debt maturities; the key liquidity risks facing AHIP and its planned strategies for dealing with same; and AHIP remaining focused on creating long-term value for its Unitholders.



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