Ashford Hospitality ( (AHT) ) just unveiled an update.
On March 12, 2025, Ashford Hospitality Trust announced a reduction in corporate administrative and general expenses as part of its ‘GRO AHT’ initiative, aiming to enhance EBITDA and improve financial performance. The company expects these measures, which include cuts in legal, accounting, and consulting fees, to save over $4 million annually and contribute to more than $18 million in incremental EBITDA, reinforcing its commitment to operational efficiency and shareholder value.
More about Ashford Hospitality
Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing predominantly in upper-upscale, full-service hotels.
YTD Price Performance: 5.37%
Average Trading Volume: 40,615
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $44.25M
Learn more about AHT stock on TipRanks’ Stock Analysis page.
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