- American Hotel Income Properties REIT press release ( OTC:AHOTF ): FY AFFO of $0.35; FFO per unit - diluted of $0.47.
- Revenue of $281.37M (+16.6% Y/Y) beats by $0.37M .
- RevPAR increased 18.1% to $85 for the year ended December 31, 2022, compared to $72 for the year ended December 31, 2021.
- ADR increased 12.7% to $124 for the year ended December 31, 2022, compared to $110 for the year ended December 31, 2021.
- Occupancy was 68.9% for year ended December 31, 2022, an increase of 290 basis points compared to 66.0% for the year ended December 31, 2021.
- Debt to gross book value decreased to 52.6% as at December 31, 2022, compared to 54.0% as at December 31, 2021.
For further details see:
American Hotel Income Properties REIT reports FY results