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Stock Market & Financial Investment News

News Breaks
December 24, 2012
08:01 EDTAHTAshford Hospitality appoints Monty Bennett as Chairman of the board
Bennett will replace Archie Benett, who will retire on January 18, 2013. On January 19, 2013, Bennett will assume the role of Chairman Emeritus and advisor of the company. Monty Bennett has served as director and CEO of the company since 2003.
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July 15, 2014
08:04 EDTAHTAshford Hospitality acquires Fremont Marriot Silicon Valley
Ashford Hospitality announced 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. Upon closing, the property will be managed by Remington Lodging. The company intends to finance the property with approximately $37.5M of non-recourse mortgage debt.

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