A Texas real estate investment trust with ownership of 116 hotels and nearly 25,000 rooms throughout the United States began preparing investors to anticipate it would be "handing back some assets to lenders in the months to come" as the hospitality industry has shown no signs of a quick recovery in the pandemic.
Ashford Hospitality Trust Tells Investors it Plans to Hand Back Assets to Lenders in Months
REIT Weighs Capital Options as it Trims Costs by Unplugging Mini Fridges, Closing Hotel Wings
CoStar News
July 30, 2020 | 11:35 P.M.
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- Centura Tower I
14185 Dallas Pky, Dallas, TX