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Ashford Hospitality Trust: Times They Are A-Changin', But Don't Jump In Yet
2016-03-31 00:04:15| Jewelry - Topix.net
While the Ashford Hospitality Trust name isn't exactly a household one, some of the 132 properties the public real estate investment trust owns may be intimately familiar, as its upper-scale, full-service hotels spanning the United States from the Pacific to the region operate under premium brands such as Marriott, Hilton, Starwood, Hyatt, Intercontinental, and others such as Sheraton and Ritz-Carlton. The lodging provider is cheap by every conceivable basis -- valued at 65.7% of net asset value , 63.7% of book value, 69% of tangible book value, and only approximately 5.5x trailing adjusted funds from operations .
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Category:Consumer Goods and Services