Ashford (AINC) delivered earnings and revenue surprises of 31.67% and 17.69%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
DALLAS, May 2, 2020 /PRNewswire/ -- The Ashford Group of Companies announced today that all of its companies, including Ashford Inc. (NYSE American: AINC), Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust"), and Braemar Hotels & Resorts Inc. (NYSE:…
Dallas-based Ashford Inc. and its affiliated companies said on Saturday that they will now return all Paycheck Protection Program loans the companies have received — including $2.5 million for hotels in the Twin Cities. Ashford Inc. (NYSE: AINC), Ashford Ho…
Here's a look at some of the controversial businesses — from marijuana dispensaries to casinos — that some lawmakers want to be included in the Paycheck Protection Program.
The hotel conglomerate run by a major campaign donor to President Donald Trump, Monty Bennett, announced Saturday it would return all the money it received through the Paycheck Protection Program.
Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that it has changed the date of its previously announced earnings release and conference call. The Company will now report its financial and operating results for the fourth quarter ended December 31, 2019 before the market opens on Tuesday, February 25, 2020.
Dallas-based Ashford Inc. and its affiliated companies said on May 2 that they will now return all Paycheck Protection Program loans the companies have received. Ashford Inc. (NYSE: AINC), Ashford Hospitality Trust (NYSE: AHT) and Braemar Hotels & Resorts I…
Three publicly traded Texas-based hospitality firms that collectively received nearly $59 million in coronavirus relief funding and are tied to hotelier Monty Bennett announced Saturday they would return the funds after Bennett earlier said he would not turn back the money. Ashford Inc., Ashford Hospitality Trust, and Braemar Hotels & Resorts released a statement saying […]
The Ashford Group of Companies announced today that all of its companies, including Ashford Inc. (NYSE American: AINC), Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust"), and Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar"), will return all funds provided by the Small Business Administration's ("SBA") Paycheck Protection Program ("PPP") due to the agency's recently changed rules and inconsistent federal guidance that put the companies at compliance risk.
Dallas-based Ashford Inc. and its affiliated companies said on Saturday that they will now return all Paycheck Protection Program loans the companies have received. Ashford Inc. (NYSE: AINC), Ashford Hospitality Trust (NYSE: AHT) and Braemar Hotels & Resort…
Q3 2019 Ashford Inc Earnings Call
Ashford Inc. (NYSE American: AINC) (the "Company") today announced that Remington Hotels ("Remington") has appointed Sloan Dean III as its new Chief Executive Officer & President. Mr. Dean was previously Remington's Chief Operating Officer.
The Hotel sector has been arguably the hardest hit of all REIT property types by the impact of the coronavirus.Many hotel REITs have shut down operations at some or all properties.15 out of 18 hotel REITs have suspended their common dividend while 2 have slas…
The REIT sector began to bounce back in April, averaging a +10.85% total return.Micro cap and Small cap REITs outperformed their larger peers in April after suffering far greater losses in March.83.33% of REIT securities had a positive total return in April.S…
Their low financial burden may make these stocks a good investment Continue reading...
DALLAS, Nov. 6, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) (the "Company") today announced it has completed the previously announced combination with Remington Holdings, LP ("Remington"). The combination with Remington rapidly builds operating scale, increases the Company's earnings potential and facilitates additional growth from third-party hotel management business. "This is a very compelling transaction for Ashford," commented Monty J. Bennett, Ashford's Chairman and Chief Executive Officer.
Dallas-based Ashford Inc. and its affiliated companies said on Saturday that they will now return all Paycheck Protection Program loans the companies have received. Ashford Inc. (NYSE: AINC), Ashford Hospitality Trust (NYSE: AHT) and Braemar Hotels & Resort…
The Hotel sector has been arguably the hardest hit of all REIT property types by the impact of the coronavirus.Many hotel REITs have shut down operations at some or all properties.15 out of 18 hotel REITs have suspended their common dividend while 2 have slas…
When it comes to wireless headphones, one of the most popular models out there today is the Sony WH-1000XM3. They come with some of the best Active Noise Cancelling (ANC) technology in the market—and retail for a pretty hefty sum. But if you’re in a market fo…
Dallas-based Ashford Inc. and its affiliated companies said on May 2 that they will now return all Paycheck Protection Program loans the companies have received. Ashford Inc. (NYSE: AINC), Ashford Hospitality Trust (NYSE: AHT) and Braemar Hotels & Resorts I…
Dallas-based Ashford Inc. and its affiliated companies said on Saturday that they will now return all Paycheck Protection Program loans the companies have received. Ashford Inc. (NYSE: AINC), Ashford Hospitality Trust (NYSE: AHT) and Braemar Hotels & Resort…
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We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
Gross Assets Under Management $8.1 Billion at Quarter End Total Revenue Increased 37% in the Third Quarter Net Loss Attributable to Common Stockholders was $9.4 Million in the Third Quarter Adjusted EBITDA ...
Dallas-based Ashford Inc. and its affiliated companies said on May 2 that they will now return all Paycheck Protection Program loans the companies have received. Ashford Inc. (NYSE: AINC), Ashford Hospitality Trust (NYSE: AHT) and Braemar Hotels & Resorts I…
Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2019.
Ashford (AINC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Dallas-based Ashford Inc. and its affiliated companies said on Saturday that they will now return all Paycheck Protection Program loans the companies have received — including $2.5 million for hotels in the Twin Cities. Ashford Inc. (NYSE: AINC), Ashford Ho…
Sets Record Date and Distribution Date for Distribution DALLAS , Oct. 21, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced ...
Three publicly traded hotel companies tied to a Texas businessman said that they would not give back millions of dollars in loans from a government program aimed at helping small businesses.
DALLAS, Oct. 24, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") announced that its stockholders approved the proposals relating to the Company's combination with Remington Holdings, LP ("Remington") at a special meeting held earlier today. Holders of approximately 92% of Ashford shares present and voting at the meeting, representing over 75% of outstanding voting shares, voted in favor of the combination, and approximately 87% of shares, excluding shares owned by the Bennett family, present and voting at the meeting voted in favor of the combination. Also, approximately 70% of shares, excluding shares owned by Ashford Hospitality Trust (AHT), Braemar Hotels & Resorts (BHR), and insiders and related parties, present and voting at the meeting voted in favor of the combination. The combination will create the only public, pure-play provider of asset and property management services to the lodging industry.
Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced the tax reporting (Federal Form 1099-DIV) information for the 2019 distributions on its common shares and its Series D, F, G, H and I preferred shares.
The president and CEO of Dallas-based Ashford Hospitality Trust is stepping down after the company received pushback over the $30 million it received from the Paycheck Protection Program, part of the $2 trillion coronavirus relief fund passed in March. Tens of thousands of small businesses are still waiting to receive funds. Companies like Shake Shack […]
Braemar Hotels and Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced the tax reporting (Federal Form 1099-DIV) information for the 2019 distributions on its common shares and its Series B and D preferred shares.
The Treasury Department says Paycheck Protection Program loans are not meant for “a public company with substantial market value and access to capital markets” and given big borrowers a May 18 deadline. Here’s how the returns are going.
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Dallas-based Ashford Inc. and its affiliated companies said on Saturday that they will now return all Paycheck Protection Program loans the companies have received — including $2.5 million for hotels in the Twin Cities. Ashford Inc. (NYSE: AINC), Ashford Ho…
The Ashford Group of Companies announced today that all of its companies, including Ashford Inc. (NYSE American: AINC), Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust"), and Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar"), will return all f…