Ashford Hospitality ( (AHT) ) has shared an update.
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Ashford Hospitality Trust has launched a strategic initiative named ‘GRO AHT’ aimed at driving significant EBITDA growth and enhancing shareholder value. The initiative focuses on three main areas: reducing general and administrative expenses, maximizing revenue, and improving operational efficiency. These efforts are expected to increase corporate EBITDA by over 20%, which could have a transformative impact on Ashford’s equity value and leverage metrics, positioning the company favorably within its industry and offering potential benefits to stakeholders.
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: -57.68%
Average Trading Volume: 49,657
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $45.33M
See more insights into AHT stock on TipRanks’ Stock Analysis page.
