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The latest announcement is out from Ashford Hospitality ( (AHT) ).
Ashford Hospitality Trust, Inc. announced that Mr. Alan Tallis has resigned from its Board of Directors, effective December 31, 2024, as part of the company’s strategy to reduce overhead and improve financial performance. Following his resignation, Mr. Tallis will receive a payout for his service and will enter a consulting agreement with the company, highlighting a transition to a leaner board structure while maintaining his advisory role.
More about Ashford Hospitality
Ashford Hospitality Trust, Inc. operates in the real estate investment trust (REIT) sector, primarily focusing on investing in the hospitality industry. It provides capital and asset management services, with a market focus on maximizing returns through strategic investments in upscale hotels.
YTD Price Performance: -59.69%
Average Trading Volume: 50,011
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $43.17M
For a thorough assessment of AHT stock, go to TipRanks’ Stock Analysis page.
