Ashford JV To Acquire Premium Hotels
Posted on March 11, 2011 at 10:35 AM EST
Ashford Hospitality Trust Inc. (NYSE:AHT), the second largest lodging real estate investment trust (REIT) in the U.S., has recently formed a joint venture with an institutional partner to acquire a portfolio of 28 hotels of Highland Hospitality operated under major brands such as Hilton, Marriott, Hyatt and Starwood. The acquisition was made for a total [...]