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Ashford Hospitality Trust Is a Steal at These Prices
2015-07-21 22:33:05| Jewelry - Topix.net
Ashford Hospitality was one of the only hotel REITs that did not cut its preferred dividend during the financial crisis, when stocks all around it were getting crushed. Other hotel REITs did not manage their respective debts as well as Ashford did, so many of them cut their preferred dividends in addition to reducing their common dividends.
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Ashford Trust Announces Distribution Of Remaining Shares Of Ashford Prime
2015-07-14 02:26:12| Jewelry - Topix.net
Ashford Trust currently owns approximately 5.0 million common units of Ashford Hospitality Prime Limited Partnership, the operating partnership of . Common unit holders of Ashford Hospitality Trust Limited Partnership will receive their pro rata share of Ashford Hospitality Prime Limited Partnership common units, while Ashford Trust common shareholders will receive their pro rata share of the approximately 4.1 million common shares to be received upon redemption of Ashford Hospitality Prime Limited Partnership common units.
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Ashford Prime Completes Acquisition of the Award-Winning Bardessono Hotel and Spa for $85 Million
2015-07-10 11:36:07| Jewelry - Topix.net
HFTP is the premier global professional association serving members in hospitality careers. Since 1952, HFTP's mission has been to provide members with superior networking opportunities, industry-leading events, comprehensive certification programs, unique educational opportunities, and other essential resources for professional growth.
Ashford Prime Completes Acquisition of the Award-Winning Bardessono Hotel and Spa for $85 Million
2015-07-10 11:36:06| Jewelry - Topix.net
The acquisition was funded with proceeds from the Company's recently completed preferred stock offering, cash on hand and $2.0 million in key money provided by Ashford Inc. The property will be managed by Remington Lodging who will work with the existing management team to facilitate a smooth transition to maintain the hotel's highest standards of excellence. The purchase price for the Bardessono Hotel and Spa, after adjusting for the key money, represents an estimated forward 12-month cap rate of 5.2% on net operating income and an estimated forward 12-month EBITDA multiple of 16.5x.
Ashford Trust Sets Second Quarter Earnings Release And Conference Call Dates
2015-06-30 00:06:09| Jewelry - Topix.net
The number to call for this interactive teleconference is 325-2308. A replay of the conference call will be available through The live broadcast of Ashford Hospitality Trust's quarterly conference call will be available online at the Company's web site, www.ahtreit.com on Ashford Hospitality Trust is a real estate investment trust focused on investing opportunistically in the hospitality industry in upper upscale, full-service hotels.
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