July 29 (Reuters) - American Hotel Income Properties REIT LP HOT_u.TO :
* PRESS RELEASE - AMERICAN HOTEL INCOME PROPERTIES REIT LP ANNOUNCES AGREEMENT TO SELL ITS ECONOMY LODGING PORTFOLIO OF 45 HOTELS FOR US$215.5 MILLION
* AMERICAN HOTEL INCOME PROPERTIES REIT LP - NET PROCEEDS FROM SALE OF ABOUT US$90 MILLION WILL BE REDEPLOYED TO ACQUIRE ADDITIONAL PREMIUM BRANDED HOTELS