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Business travel has been a persistent sore spot for hotels and airlines throughout the pandemic. However, Baird is now betting that the trend is beginning to turn as travel emerges from a long COVID-induced winter. “Large technology, financial services firms have begun their return to ...
Ashford Hospitality Trust (NYSE:AHT) on Monday reported prelim. Q1 net loss of ~$58.8M-56.8M. Prelim. Q1 adj. EBITDAre is $40M-42M and prelim. adj. FFO is $(1.8M)-0.2M. CEO Rob Hays said Q1 results were driven by strong leisure and transient demand across AHT's portfolio. For further d...
ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY FIRST QUARTER 2022 RESULTS PR Newswire DALLAS , April 25, 2022 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today its preliminary expectations for ...
Oppenheimer analyst Taylor Batory starts coverage of the lodging REIT sector with a bullish outlook on the back of strong leisure travel and a corporate-led recovery in urban market RevPAR (revenue per available room). In addition, low supply and average daily rate growth, along with operatio...
Ashford (NYSE:AINC) has announced the planned departure of President and Chief Operating Officer Jeremy Welter. Welter's position as COO of Ashford Hospitality Trust (NYSE:AHT) and Braemar Hotels & Resorts (NYSE:BHR) will also end. The changes are effective from July 15, 2022. For furth...
ASHFORD ANNOUNCES PLANNED DEPARTURE OF EXECUTIVE PR Newswire DALLAS , April 19, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that Jeremy Welter , its President and Chief Operating Officer, will b...
Gainers: GWG (GWGH) +10%, Stronghold Digital Mining (SDIG) +12%, Comstock Mining (LODE) +7%, Opendoor Technologies (OPEN) +8%, Ashford Hospitality Trust (AHT) +8%. Losers: TeraWulf (WULF) -5%. For further details see: GWGH, Stronghold Digital Mining leads f...
U.S. equity markets were broadly lower this past week amid an ongoing "bond rout" after minutes from the latest Fed meeting revealed an aggressive -perhaps combative - monetary policy posture. Snapping a three-week winning streak, the S&P 500 declined 1.2% on the week, but the sel...
Ashford Hospitality Trust (NYSE:AHT) said Wednesday it expects to report occupancy of ~58% for Q1 with an average daily rate of ~$166 resulting in RevPAR of ~$97. This RevPAR reflects ~103% growth Y/Y and ~23% decrease compared to Q1 of 2019. For further details see: Ashford Hospit...
ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY REVPAR RESULTS FOR FIRST QUARTER 2022 PR Newswire DALLAS , April 6, 2022 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") reported today that the Company expects...
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ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY SECOND QUARTER 2024 RESULTS PR Newswire DALLAS , July 8, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT ) ("Ashford Trust" or the "Company") reported today that the Company expects to report Occ...
ASHFORD HOSPITALITY TRUST CLOSES PREVIOUSLY ANNOUNCED SALE OF ONE OCEAN RESORT PR Newswire DALLAS , June 27, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has closed on the sale of the ...
ASHFORD HOSPITALITY TRUST ANNOUNCES SALE OF ADDITIONAL SELECT-SERVICE HOTELS PR Newswire DALLAS , June 13, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT ) ("Ashford Trust" or the "Company") today announced that it has closed on the sale of the 90-ro...