# American Hotel Income Properties Reports 15.1% RevPAR Growth, Negative FFO and $137.3 million Hotel Sale Proceeds

> American Hotel Income Properties posted 15.1% RevPAR growth to $122 in Q3 2026, but NOI fell 25.9% to $9.5 million and diluted FFO per unit turned negative at ($0.01).

- Published: 2026-11-14T00:08:23+00:00
- Section: Earnings & Results
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-14/american-hotel-income-properties-q3-revpar-ffo
- Source: [TradingView](https://www.tradingview.com/news/tradingview:e6ca20e788513:0-american-hotel-income-properties-reit-lp-hot-u-q3-noi-falls-25-9-ffo-per-unit-turns-negative/)

## Key takeaways

- American Hotel Income Properties reported Q3 2026 RevPAR up 15.1% to $122 while NOI fell 25.9% to $9.5 million.
- Diluted FFO per unit turned negative at ($0.01) from $0.02 a year earlier.
- Nine hotels under sale agreements are expected to generate $137.3 million in gross proceeds, with closings in Q4 2026 and Q1 2027.

[American Hotel Income Properties](https://akta.pro/company-profiles/0005i36/american-hotel-income-properties) REIT LP reported third-quarter 2026 RevPAR up 15.1% to $122 while net operating income fell 25.9% to $9.5 million and diluted funds from operations per unit turned negative at ($0.01) from $0.02. [TradingView](https://www.tradingview.com/news/tradingview:e6ca20e788513:0-american-hotel-income-properties-reit-lp-hot-u-q3-noi-falls-25-9-ffo-per-unit-turns-negative/) published the results on November 13, 2026.

## AHIP's Q3 Operating Results and Hotel Sales

American Hotel Income Properties is a Canadian-domiciled TSX-listed limited partnership that invests in U.S. secondary-market hotel real estate, operating 30 premium branded select-service hotels across 15 states under Marriott, Hilton and IHG franchises through exclusive manager Aimbridge Hospitality, according to [company records](https://akta.pro/company-data).

The REIT said nine hotels under sale agreements are expected to generate $137.3 million in gross proceeds, with closings expected in Q4 2026 and Q1 2027. The company said portfolio sales reduced NOI despite stronger same-property results, weighing on reported operating income. The company said improved hotel-level pricing and occupancy partly offset the smaller portfolio's lower reported NOI.

The company said convertible debentures mature on December 31, 2026, and that repayment depends on asset-sale closings. The company said failure to generate sufficient proceeds could intensify liquidity pressure.

## AHIP's Portfolio and Financing Record

According to akta.pro company records, American Hotel Income Properties closed a $29.25 million bridge loan from Access Point Financial in June 2026, secured by a three-hotel Marriott-branded portfolio in New Jersey and Florida for refinancing and renovation support. The same records show the board initiated a formal strategic review process in May 2026, retaining Robert W. Baird & Co. as financial advisor to evaluate individual hotel sales, portfolio transactions, refinancing, or sale of substantially all remaining assets. The records list 30 hotel properties with 3,692 rooms across 15 states and 20 cities as of March 31, 2026.

## Strategic Review and Earlier Asset Moves

American Hotel Income Properties completed the sale of a Florida hotel and refinanced a Kentucky property, raising its unrestricted cash to about $42 million as of September 24, 2026, FinancialContent Business Page reported. The REIT continues a strategic review involving the sale of hotel assets, refinancing of debt, and measures to strengthen its financial position, Markets Daily reported on August 10, 2026. The REIT reported Q2 2026 results showing 7.5% RevPAR growth to $114 and same property RevPAR growth of 4.5%, though revenue declined 39.1% to $31.1 million and NOI fell 47.1% to $9.2 million due to property dispositions, FinanzNachrichten.de reported on August 6, 2026.

## Debenture Maturity and Sale Closings Ahead

American Hotel Income Properties faces the December 31, 2026 maturity of its convertible debentures, with repayment dependent on asset-sale closings. The nine contracted hotel sales are expected to close across Q4 2026 and Q1 2027.

## Companies in this story

- [American Hotel Income Properties company profile](https://akta.pro/company-profiles/0005i36/american-hotel-income-properties) · website: https://www.ahipreit.com/home/default.aspx

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