Overview
Description
Ashford Hospitality Trust Inc. is a real estate investment trust (REIT) specializing in the hotel and lodging industry. The primary function of this REIT is to invest in upscale, full-service hotels, primarily in the United States. Ashford Hospitality Trust's portfolio includes a diverse range of properties branded by renowned hotel companies such as Hilton, Marriott, Hyatt, and Intercontinental, among others. These hotels are located in key markets and business districts, catering to both business and leisure travelers. As a REIT, Ashford Hospitality Trust receives advantageous tax treatment, provided it distributes the majority of its income to shareholders as dividends. This structure plays a pivotal role in the financial markets by offering investors access to real estate assets without the need to own physical properties directly. The trust contributes to the broader hospitality sector by supporting hotel operations and adding to the diversity of real estate investments available in public markets. Founded in 2003, Ashford Hospitality Trust is headquartered in Dallas, Texas, and continues to focus on optimizing its properties to maximize value for shareholders.
About
CEO
Mr. Stephen Zsigray
Employees
0
Address
14185 Dallas Parkway
Suite 1200
Dallas, 75254-4308, TX
United States
Suite 1200
Dallas, 75254-4308, TX
United States
Phone
972 490 9600
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Hotel & Motel
Country
United States
MIC code
XNYS