American Hotel Inc Prop R (HOT) has notable insider buying

American Hotel Inc Prop R (T:HOT)

American Hotel Income Properties REIT LP (HOT) has a high amount of executive buying compared to its mid-cap peers over the past three months. According to regulatory filings yesterday, two insiders have invested a total amount of $590,351.John Christopher O'Neill, CEO, acquired 75,000 Units on a direct ownership basis at prices ranging from $7.650 and $7.800 through the public market on November 9th, 2018. This represents a $578,801 investment into the company's shares and an account share holdings change of 48.6%.

Elizabeth May Walters, a Director, acquired 1,500 Units on an indirect ownership basis for registered holder RRSP at a price of $7.700 through the public market on November 9th, 2018. This represents a $11,550 investment into the company's shares and an account share holdings change of 14.6%.

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.