American Hotel Income REIT jumps 20% despite quarterly loss and ongoing financial struggles.

American Hotel Income Properties REIT (TSE:HOT.UN) surged up to 20% on Tuesday, closing at C$0.36, driven by heavy trading volume, despite reporting a quarterly loss of C$0.34 per share on revenue of C$66.24 million. The REIT, which owns premium hotels under brands like Marriott, Hilton, and IHG, continues to face financial challenges, including negative earnings, a debt-to-equity ratio of 276.63, and a negative return on equity of 34.11%. Analysts project a continued loss for the current fiscal year.