United states Hotel money Properties REIT LP (TSX: HOT.UN; HOT.U and HOT.DB.U), or AHIP, is a restricted partnership created to purchase resort properties over the united states of america . AHIP’s 78 premium branded, select-service accommodations are found in additional metropolitan areas that reap the benefits of diverse and stable need. AHIP resorts run under brands connected to Marriott, Hilton, IHG and Choice Hotels through license agreements. The business’s long-lasting goals are to construct on its proven history of successful investment, deliver monthly U.S. buck denominated distributions to unitholders, and value that is generate the continued development of its diversified hotel profile. Additional information can be acquired.
Specific statements in this news launch may constitute “forward-looking information” inside the concept of applicable securities rules.
Forward-looking information involves understood and unknown dangers, uncertainties along with other facets title loans near me, and it also could cause real outcomes, performance or achievements or industry outcomes, become materially distinctive from any future outcomes, performance or achievements or industry outcomes expressed or suggested by such forward-looking information. Forward-looking information generally speaking could be identified by way of terms and expressions such as “anticipate”, “believe”, “could”, “estimate”, “expect”, “feel”, “intend”, “may”, “plan”, “predict”, “project”, “topic to”, “will”, “would”, and comparable terms and expressions, including recommendations to presumptions. A number of the certain information that is forward-looking to in this news launch includes, it is not restricted to, statements with regards to: the effective timing of this visit of Mr. Jonathan Korol as ceo of AHIP and Mr. John O’Neill’s your retirement; the Board’s belief that Mr. Korol’s visit will speed up the execution associated with the next chapter of AHIP’s strategic plan; Mr. Korol’s expected duties as CEO, including overseeing and dealing with AHIP’s interior asset administration and business finance groups to optimize the performance of AHIP’s current profile and recognize suitable M&A and capital recycling techniques to make sure AHIP maintains an optimal mixture of properties and money to operate a vehicle strong long-lasting value for AHIP’s unitholders; the expectation that Mr. Korol may be travelling usually to examine AHIP’s profile and also to talk with key lovers in addition to investors; Mr. Korol’s belief that that AHIP’s hotel profile, having its give attention to premium branded select-service hotels in additional “drive to” areas, is probably the best positioned North American hospitality platforms to withstand, and quickly get over, the ongoing effects for the COVID-19 pandemic; Mr. O’Neill’s intention to continue to highly help AHIP and Mr. Korol; Mr. O’Neill’s belief that AHIP is well placed to be successful and develop as time goes on; and AHIP’s long-lasting goals.
Forward-looking information is dependent on a wide range of key objectives and presumptions created by AHIP, including, without limitation: AHIP will soon be successful in performing its strategic plan; the pandemic that is COVID-19 carry on to negatively impact the U.S. economy, U.S. resort industry and AHIP’s company, plus the degree and length of these effect; Mr. O’Neill continues to support AIHP as you of its biggest unitholders; a reasonably stable united states economy and stock exchange; the continued power associated with the U.S. lodging industry; money areas will give you AHIP with easily obtainable use of equity and/or financial obligation funding on terms appropriate to AHIP; and also the worth of this U.S. buck. Even though information that is forward-looking in this news release is founded on exactly just exactly what AHIP’s administration thinks become reasonable presumptions as well as on information now available, AHIP cannot guarantee investors that actual outcomes will undoubtedly be in line with such information.
Forward-looking information involves significant dangers and uncertainties and really should never be read as guarantees of future performance or results. Those dangers and uncertainties consist of, among other items, dangers pertaining to: the chance that the performance of AHIP’s profile is almost certainly not maximized and long-lasting value improvement may possibly not be accomplished at expected amounts, or at all; the rate of data recovery after the COVID-19 pandemic can’t be accurately predicated and can even be sluggish; AHIP is almost certainly not effective in performing its strategic plan; present occupancy data recovery styles at AHIP’s accommodations might not carry on, may decelerate or regress; Mr. O’Neill may well not continue steadily to help AIHP that will not keep on being certainly one of its largest unitholders; and AHIP may well not understand any one of its long haul goals contemplated in this news release or perhaps. More information about dangers and uncertainties is found in AHIP’s MD&A dated August 6, 2020 and information that is annual for the entire year finished December 31, 2019 , copies of that are available on SEDAR at www.sedar.com.
The forward-looking information included herein is expressly qualified in its entirety by this cautionary declaration.
Forward-looking information reflects management’s present philosophy and it is centered on information available to AHIP. The forward-looking info is made at the time of the date of the news release and AHIP assumes no responsibility to upgrade or revise such information to mirror brand new activities or circumstances, except as might be needed by relevant legislation.
SOURCE United States Resort Money Characteristics REIT LP
