American Hotel Income Properties REIT LP Common Units (AHOTF) Q3 2024 Earnings Call Transcript Summary
American Hotel Income Properties REIT LP Common Units (AHOTF) Q3 2024 Earnings Call Transcript Summary
Debt to gross book value decreased by 180 basis points so far this year, and debt to trailing 12-month EBITDA decreased by 1.0 times.The following is a summary of the American Hotel Income Properties REIT LP Common Units (AHOTF) Q3 2024 Earnings Call Transcript:
以下是美國酒店收入物業REIt LP普通單位（AHOTF）2024年第三季度業績會議文本摘要：
Financial Performance:
財務表現:
Q3 2024 total revenue grew by 2.3% with RevPAR finishing at $98, a 2% improvement over Q3 2023.
Normalized diluted funds from operations (FFO) was $0.07 per unit for the quarter, compared to $0.11 per unit in Q3 2023.
Debt to gross book value decreased by 180 basis points so far this year, and debt to trailing 12-month EBITDA decreased by 1.0 times.
2024年第三季度總營業收入增長了2.3％，RevPAR達到98美元，比2023年第三季度提高了2％。
本季度每單位的歸一化稀釋基金運營資金（FFO）爲0.07美元，而2023年第三季度爲每單位0.11美元。
截至今年迄今，債務佔總賬面價值的比率降低了180個點子，債務佔過去12個月營業收入（EBITDA）的比率降低了1.0倍。
Business Progress:
業務進展:
Completed dispositions of 11 properties for gross proceeds of $112 million; five other properties under sales agreements expected before year-end for $53 million.
Initiatives for cost control and efficiency, including reducing dependency on contract labor, stabilizing room costs, and executing capital improvements.
Ongoing refinancing efforts with a major US bank to address the revolving credit facility and upcoming debt maturities.
完成了11個物業的處置，總收益11200萬美元；另有五個物業已有銷售協議，預計年底前交易總額達5300萬美元。
控制成本和提高效率的措施，包括減少對合同勞工的依賴，穩定客房成本，並進行資本改造。
正在與一家美國銀行進行再融資，以解決循環信貸設施和即將到期的債務。
Opportunities:
機會：
Dispositions focused on properties in markets with low demand growth, allowing capital reallocation to more profitable opportunities.
Reduction in leverage and debt providing potential for improved financial stability and operational flexibility.
處置重點放在需求增長較低的市場中的物業，從而將資本重新配置到更具盈利機會的領域。
降低槓桿和債務，爲改善財務穩定性和操作靈活性提供潛力。
Risks:
風險：
Continued elevated operating expenses impacting NOI margin, which finished at 30.2%, roughly 50 basis points below the same period in 2023.
High levels of employee turnover and a tight labor market leading to increased labor expenses and potential for inconsistent operating performance.
持續增加的營業費用影響淨營業收入率，最終爲30.2%，比2023年同期低約50個點子。
高水平的員工流失率和緊缺勞動力市場導致勞動費用增加，操作績效可能不穩定。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
