American Hotel Income Properties REIT LP Executives Purchase Over 225,000 Units

American Hotel Income Properties REIT LP Executives Purchase Over 225,000 Units

American Hotel Income Properties REIT LP Executives Purchase Over 225,000 Units

VANCOUVER, BC--(Marketwired - September 21, 2017) - Three senior executives at American Hotel Income Properties REIT LP ("AHIP") HOT HOT AHOTF demonstrated their confidence in the company's future by recently acquiring 225,620 units. In the last five weeks Rob O'Neill, CEO, purchased 60,000 units followed by Ian McAuley, President, and Azim Lalani, CFO, with 100,020 units and 65,600 units, respectively.

"These personal investments highlight management's belief in the long-term direction and value of the company," commented Rob O'Neill, CEO of AHIP. "Having added close to 4,500 premium branded guestrooms in the past twelve months, we're excited by the performance of these properties to date," continued Mr. O'Neill.

The units were acquired through open market purchases.

ABOUT AMERICAN HOTEL INCOME PROPERTIES REIT LP

AHIP owns 113 premium and proprietary branded, select-service hotels in secondary U.S. markets with diverse and stable demand generators as well as long standing contractual railway customers.

AHIP's long-term objectives are to build on its proven track record of successful investment, to deliver reliable and consistent U.S. dollar denominated distributions to unitholders and to add value through ongoing growth of its diversified hotel portfolio.

ADDITIONAL INFORMATION

Additional information relating to AHIP, including its other public filings, is available on SEDAR at www.sedar.com and on AHIP's website at www.ahipreit.com.

THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS NEWS RELEASE.

For further information, please contact:

Azim Lalani

Chief Financial Officer


American Hotel Income Properties REIT LP

800 - 925 West Georgia Street

Vancouver BC V6C 3L2 Canada

Phone: 604-633-2878

Email: alalani@ahipreit.com

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