Bruce Pittet - American Hotel COO and Senior Vice President Asset Management

AHOTF Stock  USD 0.34  0.01  2.86%   

President

Mr. Bruce Pittet was appointed as Chief Operating Officer and Senior Vice President, Asset Management of the company, Effective May 01, 2019. Mr. Pittet is a seasoned hospitality executive, with more than 30 years of hotel management, planning and operating experience acrossNorth America, with the last 20 years spent in the U.S. Bruce has hotel experience in, and has completed extensive market analysis of, over 100 U.S. markets, and was a leader of multiple major property launches, turnarounds and repositioning initiatives. For the past six years, Mr. Pittet was Senior Vice President at ONE Lodging, which is now part of Aimbridge Hospitality North Americalargest hotel management company and AHIP independent hotel manager. As a result, Bruce has already gained intimate knowledge of AHIP hotel portfolio, its markets and its brand relationships. Previously, Mr. Pittet completed hotel development and operations consulting work for Starwood Development, and held various roles at Intrawest, including General ManagerVice President for Snowshoe Mountain and later, Regional Vice President of Lodging where he oversaw the operations and development of 12 Intrawest resort lodging business acrossNorth AmericaandEurope. since 2019.
Tenure 5 years
Phone(604) 630-3134
Webhttps://www.ahipreit.com

American Hotel Management Efficiency

The company has return on total asset (ROA) of 0.0174 % which means that it generated a profit of $0.0174 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0105) %, meaning that it generated substantial loss on money invested by shareholders. American Hotel's management efficiency ratios could be used to measure how well American Hotel manages its routine affairs as well as how well it operates its assets and liabilities.
American Hotel Income has accumulated 668.73 M in total debt with debt to equity ratio (D/E) of 1.93, which is about average as compared to similar companies. American Hotel Income has a current ratio of 1.57, which is within standard range for the sector. Debt can assist American Hotel until it has trouble settling it off, either with new capital or with free cash flow. So, American Hotel's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like American Hotel Income sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for American to invest in growth at high rates of return. When we think about American Hotel's use of debt, we should always consider it together with cash and equity.
American Hotel Income Properties REIT LP , or AHIP, is a limited partnership formed to invest in hotel real estate properties across the United States. The Companys long-term objectives are to build on its proven track record of successful investment, deliver monthly U.S. dollar denominated distributions to unitholders, and generate value through the continued growth of its diversified hotel portfolio. American Hotel operates under REITHotel Motel classification in the United States and is traded on OTC Exchange. American Hotel Income [AHOTF] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

American Hotel Income Leadership Team

Elected by the shareholders, the American Hotel's board of directors comprises two types of representatives: American Hotel inside directors who are chosen from within the company, and outside directors, selected externally and held independent of American. The board's role is to monitor American Hotel's management team and ensure that shareholders' interests are well served. American Hotel's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, American Hotel's outside directors are responsible for providing unbiased perspectives on the board's policies.
Travis Beatty, CFO Inc
Jonathan Korol, Chief Inc
Bruce Pittet, COO and Senior Vice President Asset Management
Edward Chang, Managing Inc

American Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is American Hotel a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in American OTC Stock

American Hotel financial ratios help investors to determine whether American OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in American with respect to the benefits of owning American Hotel security.