American Hotel Income Properties REIT LP announces results of AGM voting

VANCOUVER, June 20, 2013 /CNW/ - American Hotel Income Properties REIT LP ("AHIP") (Toronto Stock Exchange: HOT.UN) is pleased to announce the results of voting at its Annual & Special Meeting of AHIP ("AGM") held Monday, June 17, 2013 in Vancouver, Canada.

Unitholders voted in favour of all items put forward by the Board of Directors and management as follows (proxies received on these matters are disclosed in parentheses):

• all seven individuals nominated for the board of directors: Peter Armstrong (99.94% in favour), Steven J. Evans (99.94% in favor), Kevin Grayston (99.94% in favour), Tamara L. Lawson (99.94% in favour), W. Michael Murphy (97.73% in favour), Robert Pratt (99.94% in favour) and Rob O'Neill (99.94% in favour)
• appointing KPMG LLP, Chartered Accountants, as auditors of AHIP for the ensuing year and authorizing directors to fix their remuneration (99.97% in favour)
• ratifying and approving AHIP's Securities-Based Compensation Plan, as more particularly described in AHIP's information circular dated May 18, 2012 for the AGM, with 79.42% of votes cast in favour
• ratifying and approving AHIP's Rights Plan, as more particularly described in AHIP's information circular dated May 18, 2012 for the AGM, with 97.82% of votes cast in favour.

A total of 3,636,650 (3,524,100 by proxy) units were voted, representing 34.95% (33.87% by proxy) of units issued and outstanding as at the record date of the AGM. The report of voting results has been posted on SEDAR.

About American Hotel Income Properties REIT LP

AHIP is a limited partnership formed under the Limited Partnership Act (Ontario) to invest in hotel real estate properties located substantially in the United States and engaged primarily in the railroad employee accommodation, transportation, and contract-focused lodging sectors. AHIP's long-term objectives are to: (i) generate stable and growing cash distributions from hotel properties substantially in the US; (ii) enhance the value of its assets and maximize the long-term value of the hotel properties through active management; and (iii) expand its asset base and increase its Adjusted Funds From Operations ("AFFO") per Unit through an accretive acquisition program, participation in strategic development opportunities and improvements to its properties through targeted value-added capital expenditure programs.

Additional information relating to AHIP, including its information circular dated May 18, 2012 and other public filings, is available on SEDAR at www.sedar.com and on AHIP's website at www.ahipreit.com.

SOURCE: American Hotel Income Properties REIT LP

Andrew Greig, Investor Relations
American Hotel Income Properties REIT LP
Suite 1660, 401 West Georgia Street
Vancouver, BC V6B 5A1
Tel: [phone]