United states Hotel Income qualities REIT LP (TSX: HOT.UN; HOT.U and HOT.DB.U), or AHIP, is really a restricted partnership formed to buy resort properties over the united states of america . AHIP’s 78 premium branded, select-service resorts are situated in additional metropolitan markets that reap the benefits of diverse and demand that is stable. AHIP hotels run under brands associated with Marriott, Hilton, IHG and Selection Hotels through license agreements. The business’s long-term goals are to create on its proven history of effective 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 is present.
Particular statements in this news launch may represent information that is”forward-looking inside the meaning of relevant securities legislation.
Forward-looking information involves understood and unknown dangers, uncertainties along with other facets, plus it might cause real results, performance or achievements or industry outcomes, become materially not the same as any future outcomes, performance or achievements or industry outcomes expressed or suggested by such information that is forward-looking. Forward-looking information generally speaking are 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 similar terms and expressions, including recommendations to presumptions. A number of the certain forward-looking information referred to in this news launch includes, it is not limited to, statements with regards to: the effective timing associated with the visit of Mr. Jonathan Korol as ceo of AHIP and Mr. John O’Neill’s your 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 anticipated duties as CEO, including overseeing and dealing with AHIP’s interior asset administration and business finance groups to maximise the performance of AHIP’s current profile and identify suitable M&A and capital recycling methods to make certain AHIP maintains an optimal mixture of properties and capital to push strong long-term value for AHIP’s unitholders; the expectation that Mr. Korol is likely to be travelling often to examine AHIP’s profile and also to talk with key lovers in addition to investors; Mr. Korol’s belief that that AHIP’s resort profile, having its give attention to premium branded select-service hotels in additional “drive to” markets, is one of the best positioned North American hospitality platforms to withstand, and quickly get over, the ongoing effects regarding 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 in the foreseeable future; and AHIP’s long-lasting objectives.
Forward-looking information is based on a wide range of key objectives and presumptions produced by AHIP, including, without limitation: AHIP would be effective 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, in addition to level and length of these effect; Mr. O’Neill continues to help AIHP as you of their biggest unitholders; a fairly stable united states economy and stock exchange; the continued strength of this U.S. lodging industry; money areas will give you AHIP with cashland easily available use of equity and/or financial obligation financing on terms appropriate to AHIP; in addition to value for the U.S. buck. Even though information that is forward-looking in this news launch is founded on just what AHIP’s administration thinks to be reasonable presumptions as well as on information now available, AHIP cannot ensure investors that actual results will likely to be in line with such information.
Forward-looking information involves significant dangers and uncertainties and may never be read as guarantees of future performance or outcomes. Those dangers and uncertainties consist of, on top of other things, dangers pertaining to: the chance that the performance of AHIP’s portfolio might not be maximized and value that is long-term might not be accomplished at expected amounts, or after all; the rate of data recovery after the COVID-19 pandemic can’t be accurately predicated and will be sluggish; AHIP is almost certainly not effective in performing its strategic plan; current occupancy data data data recovery styles at AHIP’s resort hotels may not carry on, may decelerate or regress; Mr. O’Neill might not continue steadily to help AIHP and may also perhaps not continue being certainly one of its biggest unitholders; and AHIP may well not recognize any one of its long haul goals contemplated in this news launch or elsewhere. Extra information about dangers and uncertainties is found in AHIP’s MD&A dated August 6, 2020 and yearly information type 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 administration’s current thinking and it is according to information now available to AHIP. The forward-looking info is made at the time of the date for this news release and AHIP assumes no responsibility to upgrade or revise such information to mirror brand brand new occasions or circumstances, except as might be needed by relevant legislation.
SOURCE United States Hotel Money Qualities REIT LP