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Ashford on a Mission to Boost Shareholder Value

Ashford on a Mission to Boost Shareholder Value

Keeping investors happy isn’t easy. But Monty Bennett, CEO of Ashford, a publicly traded hospitality and real estate asset management firm, has come to learn what they want. “Investors love specificity,” Bennett says. “They love a focused place.” To get ...

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Inside Thayer’s Investment Success

Inside Thayer’s Investment Success

Leland Pillsbury is a man in motion. One day he’s flying his jet to State College, Pennsylvania, to give a lecture on embracing disruption at the Penn State School of Hospitality Management, and the next he’s jumping on the phone ...

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Looking Back on 40 Years of LODGING

Looking Back on 40 Years of LODGING

As the official publication of the American Hotel & Lodging Association (AH&LA) for the last 40 years, LODGING magazine has seen its fair share of industry change. The rise of global hotel companies, major growth in the hospitality sector, and ...

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FelCor’s Rick Smith Ready to Go on the Offensive

FelCor’s Rick Smith Ready to Go on the Offensive

When Rick Smith became chief financial officer of FelCor Lodging Trust in 2004, the Irving, Texas-based company owned a lot of assets that didn’t make sense in a REIT model. These 25- to 30-year-old, side-of-the-road hotels in secondary and tertiary ...

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Capstone Development Founder Listens to His Gut

Capstone Development Founder Listens to His Gut

While most were just trying to stay afloat at the peak of the Great Recession in 2008, Norman Jenkins was busy moving forward, leaving behind a senior vice president position with Marriott International to launch his own company, Capstone Development. ...

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