American Hotel Income Properties REIT LP Common Units (HOT.UN:CA) Q1 2026 Earnings Call Prepared Remarks Transcript

Operator

Good morning, and welcome to American Hotel Income Properties REIT LP’s First Quarter Results Conference Call. [Operator Instructions] Before beginning the call, AHIP would like to remind listeners that the following discussions will include forward-looking information within the meaning of applicable Canadian securities laws, which forward-looking information is qualified by the statement.

Comments that are not a statement of fact, including projections of future earnings, revenues, income and FFO are considered forward-looking. Participants on this call should not place undue reliance on such information, which is provided based on management’s expectations and assumptions as of the date of this call. AHIP does not undertake any obligation to publicly update such information to reflect subsequent events or circumstances, except as required by law.

On this call, AHIP will discuss certain non-IFRS financial measures. For the definition of these non-IFRS financial measures, the most directly comparable IFRS financial measure and a reconciliation between the two, please refer to their MD&A. Reference to prior year’s operating results are in comparison of AHIP’s portfolio of 31 properties results in that period versus the same properties results today. All figures discussed on today’s call are in U.S. dollars, unless otherwise indicated. Discussing AHIP’s performance today are John O’Neill, Executive Officer; Bruce Pittet, Chief Operating Officer; and Travis Beatty, Chief Financial Officer.

I’ll now turn the call over to John O’Neill, Chief Executive Officer.