Ashford Hospitality Trust, Inc. · Dallas, TX United States ·(NYSE: AHT)
Company Description
View Ashford Hospitality Trust, Inc. Locations On A US Map
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This link will open in a new window Ashford Hospitality is in with the inn crowd. A self-administered real estate investment trust (REIT), Ashford owns and has interests in more than 100 upscale hotels scattered across some two-dozen states and Washington, DC; most operate under the Hilton , Hyatt , Marriott , and Sheraton nameplates. About 40 of Ashford's properties are managed by firms owned by company chairman Archie Bennett and his son, CEO Monty Bennett, with the rest overseen by other third-party management companies. In addition to making direct investments in hotels, the REIT also originates loans secured by hotel properties. To read the full description, subscribe now.
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Key Ashford Hospitality Trust, Inc. Financials
| Company Type | Public - NYSE: AHT Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,172.9 |
| 2008 Employees | 66 |
Ashford Hospitality Trust, Inc. Executives
15 executives listed for Ashford Hospitality Trust, Inc.'s Dallas, TX location.
| Title | Name & Bio | Contact |
| Chairman | Archie Bennett | Network |
| CEO and Director | Montgomery Bennett | Network |
| President | Douglas Kessler | Network |
Competition
Competitive Landscape for Ashford Hospitality Trust, Inc.
Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.Top Ashford Hospitality Trust, Inc. Competitors
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