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Ashford Hospitality Advances Deleveraging with Property Sales

Ashford Hospitality Advances Deleveraging with Property Sales

Meet Samuel – Your Personal Investing Prophet

The latest announcement is out from Ashford Hospitality (AHT).

The Company recently announced the successful $8 million sale of its 90-room Courtyard in Manchester, Connecticut, and the pending sale of the 193-room One Ocean Resort in Atlantic Beach, Florida, expected to conclude in the second quarter of 2024, pending customary closing conditions. Additionally, the Company is making strides in its deleveraging plan, enhancing its financial stability and future prospects.

For an in-depth examination of AHT stock, go to TipRanks’ Stock Analysis page.

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