American Hotel Income Properties REIT LP Announces CEO Change

Executive Summary

• The Board of Directors accepted the resignation of Jonathan Korol as Chief Executive Officer, effective immediately.
• Co‑founder John O’Neill has been appointed as the new Chief Executive Officer.
• Leadership transition is presented as a move to “drive value for unitholders” and maintain the company’s strong position.

Key Details

• Jonathan Korol stepped down to pursue other opportunities; his resignation was accepted by the Board on Dec 11, 2025.
• John O’Neill, co‑founder of AHIP, assumes the role of CEO effective immediately.
• Charles van der Lee, Chair of AHIP, highlighted O’Neill’s industry insight and history with the partnership as reasons for a seamless transition.
• O’Neill expressed honor in returning to lead AHIP and committed to focusing on value creation for unitholders.
• The Board thanked Jonathan Korol for his leadership and wished him success in future endeavors.

Notable Quotes

“John O’Neill’s industry insight and history with AHIP as co‑founder and CEO, uniquely position him to seamlessly step into this role. We look forward to having John leading the company moving forward.” – Charles van der Lee, Chair

“I am honoured to step back in and lead AHIP at this important juncture… Working closely with the Board, we will focus on driving value for our unitholders.” – John O’Neill, CEO

The release includes standard forward‑looking statements and risk disclosures, which have been omitted from this summary.