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Stock Market & Financial Investment News

News Breaks
February 19, 2014
06:21 EDTAHPAshford Hospitality Prime initiated with a Neutral at RW Baird
Target $19.
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September 10, 2014
08:23 EDTAHPAshford 'well positioned' for accretive growth with ROFO assets
Expects to benefit from strong management capabilities. Says "well positioned" for accretive growth with ROFO assets from Ashford Trust. Aims to invest in "high quality," high RevPAR hotels located in gateway and resort markets. Says targeting acquisitions consistent with investment guidelines. Says U.S. hotel transaction volume "likely" to increase over next several years as U.S. hotel market values rise. Expects PKF RevPar to grow 8.2% in FY14, 6.7% in FY15 and 5.8% in FY16. Comments taken from slides from the company's presentation to investors.
07:07 EDTAHPBofA/Merrill to hold a conference
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