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American Hotel Income Properties Cuts All Distributions

Vancouver-Based REIT Looks to Preserve Cash a Week After Announcing 30% Dividend Cut

American Hotel Income Properties holdings include the Embassy Suites at the Cincinnati RiverCenter in Covington, Kentucky. (CoStar)
American Hotel Income Properties holdings include the Embassy Suites at the Cincinnati RiverCenter in Covington, Kentucky. (CoStar)

Vancouver-based American Hotel Income Properties moved to cut its distribution completely, just one week after unveiling a 30% reduction.

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