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

American Hotel Inc Prop R (T:HOT)

Robert Francis O'Neill, a Senior Officer and Director, acquired 77,000 Units on an indirect ownership basis for registered holder Bigwood Investments Ltd at a price of $6.945 through the public market on November 27th, 2018. This represents a $534,757 investment into the company's shares and an account share holdings change of 19.0%.

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.