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Ashford Hospitality Trust, Inc. is a real estate investment trust (REIT) focused on acquiring and managing upscale and upper upscale hotels in the U.S. Its portfolio includes 69 hotel properties, primarily branded under major chains like Hilton and Marriott. The company targets properties with revenue per available room below the national average, aiming to capitalize on market opportunities. Key strategies include capital preservation, selective acquisitions, and enhancing asset management to drive long-term value.
This description was generated via AI from an annual report. Updated about 1 year ago.