CEO buying at American Hotel REIT (HOT)

CEO buying at American Hotel REIT (T:HOT)

John Christopher O'Neill, CEO, acquired 18,000 Units on a direct ownership basis at prices ranging from $7.160 to $7.240 on November 23rd, 2018. This represents a $129,573 investment into the company's shares and an account share holdings change of 6.3%.

American Hotel Income Properties REIT in the Specialized REITs Sub Industry Group under the Financials Sector.

American Hotel Income Properties REIT LP is a Canada-based limited partnership company that invests in hotel real estate properties primarily in the United States. The principal business of the Company is to issue units and to acquire and hold shares of the American Hotel Income Properties REIT Inc. (U.S. REIT). It operates in two segments: the Rail Hotels and Branded Hotels. Its portfolio of Rail Hotels consists of approximately 50 properties representing approximately 3,720 rooms. All of the properties are operated under its own Oak Tree Inn brand and are designed or converted to fulfill the operating needs of railroad operators. Penny's Diner restaurants consist of approximately 30-unit restaurant chain servicing Oak Tree Inn hotel guests, drive-by guests and local residents. Its portfolio of Branded Hotels consists of over 40 hotel properties representing approximately 3,330 rooms. The Branded Hotels are located near airports, highway interchanges and other transportation hubs.