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Ashford Hospitality Prime: Prime Gains Will Only Come If Management Is Gone
2016-03-16 13:37:55| Jewelry - Topix.net
Every market day, we select up to 20 of our authors' top long and short ideas, exclusively for PRO subscribers. AHP is an undervalued luxury hotel REIT that trades at a 32% discount to peer averages due to leverage burden and massive internal conflict of interest with its managers.
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management
prime
gone
Ashford Prime shareholder countersues REIT in federal court, in bid to consolidate litigation
2016-03-15 02:56:30| Jewelry - Topix.net
Sessa Capital Moves to Consolidate Litigation against Ashford Hospitality Prime in Federal District Court to Expedite Resolution of Outstanding Legal Issues and the company's directors, and filed similar claims in the U.S. District Court for the Northern District of Texas as a means of consolidating the litigation between the two parties, the firm said. Sessa also filed a motion to remove claims the company filed in Texas state court to the federal court case, arguing that the underlying facts and claims arise from the same matters being litigated in federal court.
Prime minister to warn exit from EU would cost farming industry 330m
2016-03-11 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The prime minister will warn that Britains exit from Europe would harm lamb and beef farmers, costing them an extra 330m a year to export their goods. If we left this single market and, as some suggest, relied on World Trade Organisation rules, the extra costs of exporting British beef would be 240m a year. An extra 90m would be added to the cost of British lamb exports, he will say on Friday. British agriculture, British farmers and British jobs could suffer enormously if we were to...
Tags: cost
industry
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minister
Prime Minister Trudeau and Premiers Meet With Indigenous Leaders to Discuss Climate Change
2016-03-03 02:57:00| Climate Ark Climate Change & Global Warming Newsfeed
MSN: The Prime Minister, Justin Trudeau, and provincial and territorial Premiers met today with First Nations, Inuit, and Métis Nation leaders on the traditional territory of the Coast Salish people to discuss how they can work together, in the spirit of the renewed relationship, to address climate change and promote clean growth. Across the country, communities are facing new challenges as a result of climate change. During the meeting, Indigenous leaders outlined a path forward for partnering to stimulate...
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meet
discuss
prime
Sessa Capital Sends Letter to Ashford Hospitality Prime Shareholders
2016-02-29 21:22:14| Jewelry - Topix.net
We are Ashford Prime's third largest shareholder, holding 8.2% of the Company's outstanding common shares. We initially acquired our stake in Ashford Prime because we felt that its strong asset portfolio was undervalued.
Tags: capital
letter
prime
hospitality
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