American Hotel Income Properties REIT LP Announces Passing of Chair W. Michael Murphy
26 July 2024 - 8:00AM
American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN,
TSX: HOT.U, TSX: HOT.DB.V) announces the recent sudden passing of
its Chair, Mr. W Michael Murphy. Mr. Murphy was a member of the
AHIP Board since its initial public offering, and was appointed
Chair of the Board in May 2016. Michael also served as a member and
Chair of various of AHIP’s Board Committees over the years.
“We are very saddened to hear of Michael’s
passing,” said Jonathan Korol, CEO of AHIP. “We would like to
express our heartfelt sympathies to Michael’s family during this
difficult time. He was a long-time member of the Board of Directors
at AHIP, was well respected and highly regarded by those who knew
him as a colleague and friend. We will miss his leadership,
guidance, wit and business acumen.”
ABOUT AMERICAN HOTEL INCOME PROPERTIES REIT
LP
American Hotel Income Properties REIT LP (TSX:
HOT.UN, TSX: HOT.U, TSX: HOT.DB.V), or AHIP, is a limited
partnership formed to invest in hotel real estate properties across
the United States. AHIP’s portfolio of premium branded,
select-service hotels are located in secondary metropolitan markets
that benefit from diverse and stable demand. AHIP hotels operate
under brands affiliated with Marriott, Hilton, IHG and Choice
Hotels through license agreements. AHIP’s long-term objectives are
to build on its proven track record of successful investment,
deliver monthly U.S. dollar denominated distributions to
unitholders, and generate value through the continued growth of its
diversified hotel portfolio. More information is available at
www.ahipreit.com.
For additional information, please contact:
Investor Relationsir@ahipreit.com
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