Tag: Ashford Hospitality Prime
Ashford Hospitality Prime Receives $735 Million Unsolicited Offer
Ashford Hospitality Prime has recceived an unsolicited offer from the Weisman Group, a California-based investment company, to buy the company for about $735 million,...
Ashford Hospitality Prime Reports Q1 Growth
In line with the performance of the broader hotel industry, Ashford Hospitality Prime reported 2.1 percent RevPAR growth for Q1. Despite facing a relatively...
Sessa Sends Letter to Ashford Hospitality Prime Shareholders
NEW YORK—Sessa Capital (Master), L.P. (Sessa), owner of 8.2 percent of the outstanding common shares of Ashford Hospitality Prime, Inc. (Ashford Prime or the...
Shareholder Engages Ashford Hospitality Prime in Proxy Fight
Hotel real estate investment trust Ashford Hospitality Prime is embroiled in a proxy fight for control of its board with shareholder Sessa Capital, which...
Ashford Prime to Explore Strategic Alternatives
Ashford Hospitality Prime is exploring a full range of strategic alternatives, including a possible sale of the company, less than two years after it...