VANCOUVER — American Hotel Income Properties REIT LP (AHIP) has completed a 24-room expansion at the Oak Tree Inn hotel in Hearne, Texas.
The expansion of the 116-room property, which carried a price tag of US$2.4 million, continues AHIP’s previously announced railway growth strategy of constructing additional guestrooms at existing, high occupancy Oak Tree Inn hotels.
The new guestrooms were constructed by SunOne Developments Inc., which is also constructing two additional 24-room expansions of the Oak Tree Inn hotels located in Hermiston, Oregon and North Platte, Nebraska. These expansions are scheduled to be completed over the next four months.
