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Ashford Prime Rebrands as Braemar Hotels & Resorts

Ashford Prime Rebrands as Braemar Hotels & Resorts

DALLAS—Ashford Hospitality Prime, Inc. today announced that it will change its name to Braemar Hotels & Resorts, Inc., trading under the New York Stock Exchange ticker symbol BHR, effective before the market opens on April 24, 2018. The REIT says that ...

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The Forces at Play in the Select-Service Refresh Cycle

The Forces at Play in the Select-Service Refresh Cycle

With the lowest unemployment rate in 17 years, corporate tax cuts on the horizon, and a reported 313,000 new jobs in February, U.S. businesses are poised to enjoy continued economic growth. This economic trajectory began after the 2008 financial crisis ...

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AC Hotel Seattle Bellevue Sold for $87 Million

AC Hotel Seattle Bellevue Sold for $87 Million

BELLEVUE, Wash.—Hodges Ward Elliott, an independent hotel brokerage and investment-banking firm, represented WPPI Bellevue AC, LLC in the recent $87 million sale of the AC Hotel Seattle Bellevue/Downtown to lshin Aju Hotel Bellevue LLC. Hodges Ward Elliott President Mark Elliott ...

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