Tag: REITs
Baird/STR Hotel Stock Index Up 7 Percent in November
Hendersonville, Tenn., and Milwaukee — The Baird/STR Hotel Stock Index jumped 7 percent in November 2019 to 4,968. Year-to-date through the first 11 months...
Ashford Completes Acquisition of Remington’s Project Management Business
DALLAS—Ashford Inc. has completed its previously announced acquisition of Remington Holdings, L.P.'s project management business. The transaction is part of Ashford's strategy to add...
Apple Hospitality REIT, Apple REIT Ten to Merge
RICHMOND, Va.—Apple Hospitality REIT, Inc. and Apple REIT Ten, Inc. (“Apple Ten”), collectively the “Pro Forma Combined Company,” announced today that the boards of...
Outlook Mixed for Lodging REITs
Investors see dark clouds of “global financial distress” weighing on the otherwise strong fundamentals fueling the growth of the lodging industry. While this sentiment...
Ashford on a Mission to Boost Shareholder Value
Keeping investors happy isn’t easy. But Monty Bennett, CEO of Ashford, a publicly traded hospitality and real estate asset management firm, has come to...