Articles tagged “ashford hospitality”

Ashford Hospitality Trust (AHT) expects to return 19 hotels to lenders in various cities, including Las Vegas and Atlanta, due to missed repayment deadlines on a $982 million mortgage pool.

India is on track to be the hottest hotel development market in the world over the next few years. Plus, more highlights from this week's news in hotel deals and development worldwide.

Hyatt's Apple Leisure Group acquisition gives it a major boost in its desired expansion into Europe. But it is also a shot across the bow to competitors like Marriott and Hilton as well as smaller brands. The battle is on to expand into the high-end leisure travel and all-inclusive resort sector.

Weekend crowds on city streets don’t necessarily translate to sold-out hotels, but the optics threaten the hotel industry’s already long-shot push for targeted economic relief from the federal government.

Ashford Trust's survival strategy shows the Paycheck Protection Program may not be enough of a life raft for struggling hotels during the coronavirus pandemic.

The Covid-19 pandemic has altered nearly every aspect of the travel business as new habits, concerns, and demands become top of mind for consumers. Travel and hospitality companies should be paying close attention to these shifts to stay relevant and maintain trust in today’s challenging environment.

Ashford Inc. wants to tout the strength of its smaller businesses that could benefit from changing guest expectations around health and safety, but it can't ignore the billions of dollars in hotel debt held by two of its associated real estate companies.

Braemar Hotels & Resorts may have a $3 billion lighter mortgage debt load than Ashford Hospitality Trust, but it still needs to find a way to buy time and protect assets, many of which are still temporarily closed.

Ashford Hospitality Trust is running out of relief options for its billions of dollars in mortgage debt, and selling or giving back assets to lenders seems almost certain.

Bigger companies are returning PPP funds, but that doesn't mean small hotel operators are having an easier time getting relief from the downturn in travel.