American Hotel Income Properties REIT LP Announces July 2023 U.S. Dollar Cash Distribution - Seite 2

Forward-looking information is based on a number of key expectations and assumptions made by AHIP, which management believe to be reasonable, including, without limitation: AHIP’s distribution policy will be sustainable; AHIP will not be prevented from paying distributions under the terms of its senior credit facility or investor rights agreement or any other agreement; AHIP’s business will perform consistent with AHIP’s expectations; and AHIP will achieve its long term objectives.

Forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results as actual results may differ materially from those expressed or implied in such forward-looking statements. Those risks and uncertainties include, among other things, monthly cash distributions are not guaranteed and remain subject to the approval of Board of Directors and may be reduced, deferred or suspended at any time at the discretion of the Board; the payment of distributions by AHIP to its unitholders is subject to the satisfaction of certain financial covenants under AHIP’s senior credit facility and AHIP’s investor rights agreement limits the payment of distributions by AHIP in certain circumstances. Additional information about risks and uncertainties is contained in AHIP’s MD&A dated February 28, 2023 and annual information form for the year ended December 31, 2022, copies of which are available on SEDAR at www.sedar.com.

The forward-looking information contained herein is expressly qualified in its entirety by this cautionary statement. Management believes that the expectations reflected in the forward-looking information are based upon reasonable assumptions and information currently available; however, management can give no assurance that actual results will be consistent with the forward-looking information contained herein. The forward-looking information is made as of the date of this news release and AHIP assumes no obligation to update or revise such information to reflect new events or circumstances, except as may be required by applicable law.

For further information, please contact:

Travis Beatty
Chief Financial Officer
[e-mail]