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He has met with their management a few times. They have transitioned their business from hotels for railworkers and staff, which was a simple and good business. They have transitioned to owning more hotels, generally in B cities in the US. He doesn’t have confidence that this will work out well. Its price has been dropping. He doesn’t recommend selling it this low.
American Hotel Income is a Canadian stock, trading under the symbol HOT.UN-T on the Toronto Stock Exchange (HOT.UN-CT). It is usually referred to as TSX:HOT.UN or HOT.UN-T
In the last year, there was no coverage of American Hotel Income published on Stockchase.
American Hotel Income was recommended as a Top Pick by on . Read the latest stock experts ratings for American Hotel Income.
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0 stock analysts on Stockchase covered American Hotel Income In the last year. It is a trending stock that is worth watching.
On 2024-11-21, American Hotel Income (HOT.UN-T) stock closed at a price of $0.55.