)
Ashford Hospitality Trust buys a hotel in Phoenix as part of a larger portfolio deal.
Here's a quick breakdown of the biggest movers in the REIT market over last week.
Here's our breakdown of the best and worst REIT performers last week.
)
Noble Investment Buys Ashford Hospitality's Orlando Portfolio In Big Market Grab
)
REIT stocks dropped nearly 3% amid stock market volatility Monday.
)
Hotel owners voiced optimism for 2022, with leisure exceeding 2019 levels and business travel projected to return to full capacity in the coming months.
)
Ashford Hospitality Trust has begun selling assets in a bid to pay down debt incurred at the height of the pandemic.
)
The board reinstated Monty Bennett and Kamal Jafarnia following what it claims was a "proxy campaign" from activist investor Blackwells Capital to oust them.
)
Leaders at the nation’s top hotel chains and hospitality REITs pointed to strong quarterly performance in their business segments on their earnings calls.
)
Lodging Capital Partners purchased the property next to the King Street-Old Town Metro station for $58M from Ashford Hospitality Trust.
We're not asking for your money. This is not a step towards a paywall. Our news is free and we intend to keep it that way.