Home / Tag Archives: Ashford Hospitality Trust

Tag Archives: Ashford Hospitality Trust

Feed Subscription

Ashford Trust to Acquire Fremont Marriott Silicon Valley

Ashford Trust to Acquire Fremont Marriott Silicon Valley

DALLAS—Ashford Hospitality Trust Inc. announced today that it has signed a definitive agreement to acquire the 357-room Fremont Marriott Silicon Valley hotel. The acquisition is expected to close within the next 30 days. Located in the vibrant Silicon Valley submarket ...

Read More »

Ashford Trust Announces Retirement of CFO

Ashford Trust Announces Retirement of CFO

DALLAS—Ashford Hospitality Trust Inc. recently announced that David Kimichik, chief financial officer and treasurer, will retire on June 13, 2014, following a career spanning over 32 years with the company and its predecessor. Deric Eubanks, currently the company’s senior vice ...

Read More »

Ashford CEO Discusses Prime Spin-Off

Ashford CEO Discusses Prime Spin-Off

In June, Ashford Hospitality Trust announced that it would launch a spin-off Real Estate Investment Trust (REIT) called Ashford Hospitality Prime. The spin-off is expected to start trading on the New York Stock Exchange (NYSE) in November and will focus ...

Read More »

Ashford Trust Enters Into Nine New Franchise Agreements

Ashford Trust Enters Into Nine New Franchise Agreements

DALLAS—Ashford Hospitality Trust announced that as part of the company’s ongoing asset management initiatives, it has entered into a franchise agreement to convert the 258-room, Crowne Plaza Beverly Hills to a Marriott after the expiration of the existing Crowne Plaza ...

Read More »

Ashford Hospitality Trust Launches Spin-Off REIT

DALLAS—Ashford Hospitality Trust announced that the company’s Board of Directors approved a plan to spin-off an 80 percent ownership interest in an eight-hotel portfolio, totaling 3,146 rooms. Ashford Prime is expected to qualify as a real estate investment trust (REIT) ...

Read More »
Scroll To Top