American Hotel Income Properties REIT LP (AHIP) announced its financial results for the three and nine months ended September 30, 2025. Highlights include an increase in Same Property ADR to $141, occupancy at 75.0%, and RevPAR at $106. Diluted FFO per unit was $0.02, with seven hotels under contract for expected gross proceeds of $77.0 million.
AHIP completed the dispositions of twelve hotel properties in 2025 for total gross proceeds of $90.8 million, improving asset quality. The company has no secured debt maturing until Q4 2026, with strategic dispositions planned to enhance liquidity. Initiatives to strengthen financial position and improve unitholder value are in progress.
In the third quarter of 2025, ADR increased by 6.0% to $141, with occupancy at 75.1%. NOI decreased by 34.3%, and NOI margin by 270 bps, attributed to property dispositions. Capital improvements include $2.4 million in PIPs and $8.0 million in FF&E improvements. Debt metrics show a debt-to-GBV ratio of 48.7% and debt-to-EBITDA of 9.1x.
AHIP’s initiatives to strengthen its financial position and improve unitholder value are showing progress. The company is strategically managing its debt obligations, enhancing liquidity through asset sales, and focusing on capital improvements. With a stable cash position and ongoing dispositions, AHIP aims to address its future obligations in an orderly manner.
Read more at GlobeNewswire: American Hotel Income Properties REIT LP Reports Q3 2025
