Ashford Inc (A:AINC)

Business Focus: Investment Management & Fund Operators

Mar 26, 2024 02:30 pm ET
ASHFORD SETS FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS, March 26, 2024 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2024.
Dec 27, 2023 02:00 pm ET
ASHFORD SETS FOURTH QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS, Dec. 27, 2023 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2023.
Dec 26, 2023 03:15 pm ET
ASHFORD RECEIVES LETTER OF NON-COMPLIANCE FROM NYSE AMERICAN
DALLAS, Dec. 26, 2023 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that it received a letter from the NYSE American LLC (the "NYSE American") dated December 20, 2023, notifying that the Company is no longer in compliance with NYSE American continued listing standards. Specifically, the letter states that the Company is not in compliance with the continued listing standards set forth in Sections 1003(a)(i) and (ii) of the NYSE American Company Guide (the "Company Guide"). Section 1003(a)(i) requires a listed company to have stockholders' equi
Oct 16, 2023 06:50 pm ET
ASHFORD ANNOUNCES DATE CHANGE FOR THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL
DALLAS, Oct. 16, 2023 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that it is moving its third quarter 2023 earnings release and earnings conference call to one day earlier.
Oct 09, 2023 08:00 am ET
ASHFORD ANNOUNCES DATE AND TIME CHANGE FOR THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL
DALLAS, Oct. 9, 2023 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that the Company has changed the scheduled date and start time of its third quarter 2023 earnings conference call. The call was previously scheduled for Thursday, November 2, 2023, at 1:00 p.m. ET. 
Sep 19, 2023 12:30 pm ET
ASHFORD SETS THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS, Sept. 19, 2023 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2023.
Jun 26, 2023 08:00 am ET
ASHFORD SECURITIES ANNOUNCES $500 MILLION IN CAPITAL RAISED SINCE 2021
DALLAS, June 26, 2023  /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC) ("Ashford"), is pleased to announce that it has reached a milestone of $500 million, including $42.1 million from institutions, in capital raised in less than two years of serving investors via the independent broker-dealer and RIA distribution channels. Ashford Securities previously served as the managing broker-dealer for Braemar Hotels & Resorts Inc. and currently serves as the managing broker-dealer for Ashford Hospitality Trust, Inc. a
Jun 19, 2023 12:30 pm ET
ASHFORD SETS SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS, June 19, 2023 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the second quarter ended June 30, 2023.
Apr 04, 2023 05:00 pm ET
ASHFORD SECURITIES ANNOUNCES INITIAL SALES FOR ITS SECOND INVESTMENT PRODUCT
DALLAS, April 4, 2023 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC) ("Ashford"), continues to receive strong interest from the investment community for its recently launched product, shares of Series J Redeemable Preferred Stock (brokerage shares) and Series K Redeemable Preferred Stock (advisory shares) of Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust").
Mar 24, 2023 04:15 pm ET
ASHFORD SETS FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS, March 24, 2023 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2023.
Mar 20, 2023 02:00 pm ET
Sidoti's Small-Cap Virtual March Conference
NEW YORK, NY / ACCESSWIRE / March 20, 2023 / Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day March Small-Cap Conference taking place Wednesday and Thursday, March 22-23, 2023. The links can also be found at www.sidoticonference.com/events.
Mar 20, 2023 08:00 am ET
ASHFORD'S RED HOSPITALITY & LEISURE ANNOUNCES EXPANSION INTO HAWAII
DALLAS, March 20, 2023 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that RED Hospitality & Leisure, LLC ("RED"), a leading watersports and resort services company, has acquired privately-held Alii Nui and Maui Dive Shop, Maui's premier luxury catamaran and diving operation.
Jan 05, 2023 03:15 pm ET
ASHFORD SETS FOURTH QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS, Jan. 5, 2023 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2022.
Sep 01, 2022 04:25 pm ET
ASHFORD SETS THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS, Sept. 1, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2022.
Jun 22, 2022 04:15 pm ET
ASHFORD SETS SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS, June 22, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the second quarter ended June 30, 2022.
Jun 14, 2022 02:45 pm ET
Sidoti's Summer Small Cap Virtual Conference
NEW YORK, NY / ACCESSWIRE / June 14, 2022 / Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day Summer Small Cap Virtual Conference taking place Wednesday and Thursday, June 15th-16th, 2022. The links can also be found at www.sidoticonference.com/events.
May 23, 2022 05:45 pm ET
ASHFORD SECURITIES ANNOUNCES PROMOTION & NEW HIRES
DALLAS, May 23, 2022 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly owned subsidiary of Ashford Inc. (NYSE American: AINC) ("Ashford"), is pleased to announce that Ben Hilgers has been promoted to Senior Vice President, National Sales Manager. C. Jay Steigerwald III, President and Head of Distribution at Ashford Securities commented, "I have known Ben for almost twenty years and am excited to have him lead our sales efforts. Ben has a tremendous amount of experience with multiple types of products and, more importantly, has a great reputation in the industry. Ben's a
May 16, 2022 08:00 am ET
ASHFORD SECURITIES SURPASSES $100 MILLION CAPITAL RAISE MILESTONE FOR ITS FIRST INVESTMENT PRODUCT
DALLAS, May 16, 2022 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC) ("Ashford"), and managing broker-dealer for Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar"), today announced it has raised more than $100 million (stated value) for Braemar through the Series E and Series M Redeemable Preferred Stock Offering. Shares were distributed through a syndicate of 44 broker-dealers, institutions, and RIA firms. Braemar may sell up to $500 million total of Series E and Series M Preferred Stock.
May 04, 2022 04:49 pm ET
ASHFORD FILES INVESTOR PRESENTATION WITH UPDATED LONG-TERM GROWTH PROJECTIONS
Increases Previously Provided Guidance for 2023 and 2025
Apr 19, 2022 08:00 am ET
ASHFORD ANNOUNCES PLANNED DEPARTURE OF EXECUTIVE
DALLAS, April 19, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that Jeremy Welter, its President and Chief Operating Officer, will be leaving the Company effective July 15, 2022.  Mr. Welter's position as Chief Operating Officer of Ashford Hospitality Trust (NYSE: AHT) and Braemar Hotels & Resorts (NYSE: BHR) will also end effective July 15, 2022.  
Apr 18, 2022 08:00 am ET
ASHFORD ANNOUNCES ACQUISITION OF CHESAPEAKE HOSPITALITY TO ACCELERATE GROWTH OF ITS HOTEL MANAGEMENT BUSINESS
DALLAS, April 18, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that Remington Hotels ("Remington"), a dynamic, growing, independent hotel management company with over 40 years of experience in the hospitality business and a wholly-owned portfolio company of Ashford, has acquired privately held Chesapeake Hospitality ("Chesapeake"), a premier third-party hotel management company. Ashford is acquiring Chesapeake for an initial consideration of $15.75 million, payable with $6.3 million in cash and $9.45 million of a new Series CHP Converti
Apr 12, 2022 04:40 pm ET
ASHFORD DECLARES PAYMENT OF HALF OF THE COMPANY'S ACCRUED PREFERRED DIVIDENDS
DALLAS, April 12, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that its Board of Directors declared cash dividends for the Company's Series D Convertible Preferred Stock ("Preferred Stock") reflecting accrued and unpaid dividends for the quarters ending June 30, 2020 and December 31, 2020.  The Company will pay an aggregate cash dividend of $0.932 per share of Preferred Stock, representing approximately 50% of the accrued dividends.  The Preferred Stock dividends will be paid on April 15, 2022.
Mar 28, 2022 04:15 pm ET
ASHFORD SETS FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS, March 28, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2022.
Feb 28, 2022 07:00 am ET
ASHFORD INC. ANNOUNCES EXTRAORDINARY SETTLEMENT OF SHAREHOLDER LITIGATION WITH CYGNUS CAPITAL WHO WAS REPRESENTED BY OLSHAN FROME WOLOSKY
DALLAS, Feb. 28, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) announced that it successfully settled a lawsuit on behalf of its managed platform, Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust") against Cygnus Capital, Inc. (together with its affiliates, "Cygnus"), represented by Olshan Frome Wolosky LLP ("Olshan"), as well as certain other defendants including ThornTree Capital and an individual stockholder – Cygnus Chief Executive Officer's mother-in-law, Rebecca Harvey, on highly favorable terms including obligations for the defendants to make a payment exceeding o
Jan 26, 2022 03:30 pm ET
ASHFORD SECURITIES GROWTH DRIVEN BY STRONG RETAIL AND INSTITUTIONAL DEMAND
DALLAS, Jan. 26, 2022 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC) ("Ashford"), today announced an update on sales for its product, the Series E Redeemable Preferred Stock (brokerage shares) and Series M Redeemable Preferred Stock (advisory shares) of Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar"). For the month of January, sales were $17.4 million (as of January 21, 2022). The strong month-to-date January performance was primarily driven by sales to several institutional investors totaling approx
Jan 18, 2022 07:30 am ET
Sidoti Winter Virtual Small Cap Investor Conference
NEW YORK, NY / ACCESSWIRE / January 18, 2022 / Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day January Small Cap Virtual Conference taking place Wednesday and Thursday, December 19th-20th, 2022. The links can also be found at www.sidoticonference.com/events.
Jan 18, 2022 07:00 am ET
ASHFORD ANNOUNCES TERMINATION OF SEC INVESTIGATION
DALLAS, Jan. 18, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that it has received a letter from the Securities and Exchange Commission ("SEC") stating that the SEC's investigation is concluded, and that the SEC enforcement staff does not intend to recommend any action by the SEC against Ashford. Braemar Hotels & Resorts Inc. (NYSE: BHR) and Ashford Hospitality Trust, Inc. (NYSE: AHT) also each received a letter stating that the SEC's investigation is concluded, and that the SEC enforcement staff does not intend to recommend any act
Jan 18, 2022 07:00 am ET
ASHFORD HOSPITALITY TRUST ANNOUNCES TERMINATION OF SEC INVESTIGATION
DALLAS, Jan. 18, 2022 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has received a letter from the Securities and Exchange Commission ("SEC") stating that the SEC's investigation is concluded, and that the SEC enforcement staff does not intend to recommend any action by the SEC against Ashford Trust. Braemar Hotels & Resorts Inc. (NYSE: BHR) and Ashford Inc. (NYSE American: AINC) also each received a letter stating that the SEC's investigation is concluded, and that the SEC enforcement staff does not intend to recom
Jan 18, 2022 07:00 am ET
BRAEMAR HOTELS & RESORTS ANNOUNCES TERMINATION OF SEC INVESTIGATION
DALLAS, Jan. 18, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has received a letter from the Securities and Exchange Commission ("SEC") stating that the SEC's investigation is concluded, and that the SEC enforcement staff does not intend to recommend any action by the SEC against Braemar. Ashford Hospitality Trust, Inc. (NYSE: AHT) and Ashford Inc. (NYSE American: AINC) also each received a letter stating that the SEC's investigation is concluded, and that the SEC enforcement staff does not intend to recommend a
Jan 03, 2022 04:40 pm ET
ASHFORD SETS FOURTH QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS, Jan. 3, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2021.
Dec 16, 2021 07:00 am ET
ASHFORD SECURITIES ANNOUNCEMENT
DALLAS, Dec. 16, 2021 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC) ("Ashford"), is excited to announce the appointment of Bart Malcom as Senior Vice President, Head of Due Diligence. In his new role, Bart is responsible for all aspects of due diligence for Ashford's alternative investment products.  
Nov 15, 2021 07:00 am ET
Ashford Securities Announces Recent Sales For Its First Investment Product
DALLAS, Nov. 15, 2021 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC) ("Ashford"), continues to receive strong interest from the investment community for its recently launched product, shares of Series E Redeemable Preferred Stock (brokerage shares) and Series M Redeemable Preferred Stock (advisory shares) of Braemar Hotels & Resorts, Inc. (NYSE: BHR) ("Braemar"), and today announced sales of shares of  $21.3 million for the month of November (as of November 12, 2021). The strong month-to-date November perf
Oct 12, 2021 04:30 pm ET
Ashford to Ring New York Stock Exchange Opening Bell
DALLAS, Oct. 12, 2021 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") announced today that the Company's management team will ring the New York Stock Exchange's Opening Bell on Wednesday, October 13, 2021, in conjunction with its 2021 Investor & Analyst Day.
Oct 05, 2021 01:30 pm ET
Ashford To Host Investor & Analyst Day
DALLAS, Oct. 5, 2021 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") announced today that it will host an Investor & Analyst Day in New York City on Tuesday, October 12, 2021, at the Park Lane Hotel.
Oct 01, 2021 08:00 am ET
Ashford's J&S Audio Visual ("JSAV") Rebrands As INSPIRE
DALLAS, Oct. 1, 2021 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") is excited to announce that one of its Products and Services companies, J&S Audio Visual ("JSAV"), has completed a strategic rebranding and is now named INSPIRE.  Throughout its 35-year history, the full-service event technology company has developed creative and individualized event production solutions. The new name, INSPIRE, reflects the energy and momentum the company brings to each of its clients and the aspiration to create events that move people.
Sep 30, 2021 10:10 am ET
J & S Audio Visual (JSAV) Rebrands As INSPIRE
DALLAS, Sept. 30, 2021 /PRNewswire/ -- J & S Audio Visual (JSAV), a leading global event solutions company, today announced it has completed its year-long rebranding strategy and is now named INSPIRE (www.inspiresolutions.com). Throughout the company's 35-year history, the company has prided itself on developing creative and individualized solutions for each of its clients. The new name, INSPIRE  reflects the energy and momentum the company brings to each of its clients and the aspiration to create events that move people.
Sep 23, 2021 04:15 pm ET
Ashford Sets Third Quarter Earnings Release And Conference Call Dates
DALLAS, Sept. 23, 2021 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2021.
Sep 21, 2021 07:35 am ET
Sidoti Fall Virtual Small Cap Investor Conference
Presentation Times and Weblinks Released for Over 130 Presenting Companies
Aug 26, 2021 04:25 pm ET
Ashford's RED Hospitality & Leisure Announces New Expansion Into The Turks And Caicos Islands
DALLAS, Aug. 26, 2021 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that one of its Products and Services companies, RED Hospitality & Leisure ("RED Hospitality"), has entered into an agreement to provide resort services that includes watersports, as well as beach and recreation operations to the new Ritz-Carlton Turks & Caicos resort.  
Aug 10, 2021 08:00 am ET
Ashford Regains Compliance With NYSE American Continued Listing Standards
DALLAS, Aug. 10, 2021 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that on August 9, 2021, the Company received written notice from the NYSE American LLC (the "Exchange") stating that the Company has regained compliance with all of the continued listing standards set forth in Part 10, Section 1003 of the NYSE American Company Guide (the "Company Guide").
Jul 30, 2021 08:00 am ET
Ashford Securities Raises Over $2.1 Million For Its First Investment Product During July 2021
DALLAS, July 30, 2021 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC), announced today that it has received strong interest from the investment community for its recently launched product, Braemar Hotels and Resorts Redeemable Non-traded Series E (brokerage shares) and Series M (advisory shares) Preferred Stock. Launched on July 9, 2021, Ashford Securities has already raised more than $2.1 million in total capital, including over $1.6 million from 10 syndicate member firms at the first retail close and an addition
Jun 30, 2021 08:00 am ET
Ashford Announces Retirement Of Robert Haiman And Appointment Of Alex Rose As General Counsel
DALLAS, June 30, 2021 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that Robert Haiman, Executive Vice President, General Counsel and Secretary, will retire on June 30 after a career spanning nearly 17 years at Ashford and Remington.  The Company has appointed Mr. Alex Rose as Executive Vice President, General Counsel and Secretary as his successor effective July 1, 2021.  To ensure a seamless transition, Mr. Haiman will provide support to the Company on a consulting basis for 3 years.  Mr. Rose will also serve as General Counsel for Ashford
Jun 28, 2021 08:00 am ET
Ashford Set To Join The Russell Microcap® Index
DALLAS, June 28, 2021 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that the Company will be added to the Russell Microcap® Index, as part of the Russell Indexes annual reconstitution. The addition will be effective after the U.S. market opens on June 28, 2021.
Jun 22, 2021 04:45 pm ET
Sidoti Summer Virtual Small-Cap Conference
Presentation Times and Weblinks Released for Approximately 70 Presenting Companies
Nov 03, 2020 03:15 pm ET
Ashford Announces Acceptance of Compliance Plan by NYSE American
DALLAS, Nov. 3, 2020 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that the NYSE American LLC (the "NYSE American") has accepted the Company's plan of compliance for continued listing on the exchange.
May 02, 2020 07:00 pm ET
Ashford Group Of Companies Takes Action To Meet Changed Paycheck Protection Program Eligibility Guidelines
DALLAS, May 2, 2020 /PRNewswire/ -- The Ashford Group of Companies announced today that all of its companies, including Ashford Inc. (NYSE American: AINC), Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust"), and Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar"), will return all funds provided by the Small Business Administration's ("SBA") Paycheck Protection Program ("PPP") due to the agency's recently changed rules and inconsistent federal guidance that put the companies at compliance risk.
Nov 06, 2019 03:15 pm ET
Ashford Completes Combination With Remington
DALLAS, Nov. 6, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) (the "Company") today announced it has completed the previously announced combination with Remington Holdings, LP ("Remington").  The combination with Remington rapidly builds operating scale, increases the Company's earnings potential and facilitates additional growth from third-party hotel management business.
Oct 30, 2019 04:15 pm ET
Ashford Reports Third Quarter 2019 Results
DALLAS, Oct. 30, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today reported the following results and performance measures for the third quarter ended September 30, 2019.  Unless otherwise stated, all reported results compare the third quarter ended September 30, 2019, with the third quarter ended September 30, 2018 (see discussion below).  The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release. 
Oct 24, 2019 04:15 pm ET
Ashford Stockholders Approve Combination With Remington
DALLAS, Oct. 24, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") announced that its stockholders approved the proposals relating to the Company's combination with Remington Holdings, LP ("Remington") at a special meeting held earlier today.  Holders of approximately 92% of Ashford shares present and voting at the meeting, representing over 75% of outstanding voting shares, voted in favor of the combination, and approximately 87% of shares, excluding shares owned by the Bennett family, present and voting at the meeting voted in favor of the combination. Al
Oct 21, 2019 04:15 pm ET
Ashford Trust Announces Distribution Of Remaining Shares Of Ashford Inc.
DALLAS, Oct. 21, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors has formally declared the distribution of its remaining 205,086 shares of common stock of Ashford Inc. (NYSE American: AINC).  Both common stockholders and unitholders of Ashford Trust will receive their pro-rata share of Ashford Inc. common stock. 
Oct 21, 2019 04:15 pm ET
Braemar Hotels & Resorts Announces Distribution Of Remaining Shares Of Ashford Inc.
DALLAS, Oct. 21, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors has formally declared the distribution of its remaining 174,983 shares of common stock of Ashford Inc. (NYSE American: AINC) ("Ashford").  Both common stockholders and unitholders of Braemar will receive their pro-rata share of Ashford common stock. 
Oct 02, 2019 06:15 pm ET
Ashford Announces Repurchase Of Stock From Ashford Trust And Braemar Hotels & Resorts
DALLAS, Oct. 2, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that it has agreed to immediately acquire an aggregate of 412,974 shares of its common stock currently owned by Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust") and Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar"), respectively, for $30 per share, resulting in a total cost of approximately $12.4 million.  This stock purchase represents approximately 16% of the Company's common shares outstanding.  Due to the parameters of the private letter ruling expecte
Oct 02, 2019 06:15 pm ET
Ashford Trust Announces Plan to Dispose of Ashford Inc. Shares
DALLAS, Oct. 2, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has entered into a stock purchase agreement with Ashford Inc. (NYSE American: AINC) ("Ashford") under which Ashford purchased 393,077 shares of its common stock for $30 per share, resulting in total proceeds of approximately $11.8 million to the Company.  The purchase price equates to a premium of approximately 20% based on yesterday's closing price of Ashford common stock.  Due to the parameters of the private letter ruling expected to be received from
Oct 02, 2019 06:15 pm ET
Braemar Hotels & Resorts Announces Plan to Dispose of Ashford Inc. Shares
DALLAS, Oct. 2, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it has entered into a stock purchase agreement with Ashford Inc. (NYSE American: AINC) ("Ashford") under which Ashford purchased 19,897 shares of its common stock for $30 per share, resulting in total proceeds of approximately $0.6 million to the Company.  The purchase price equates to a premium of approximately 20% based on yesterday's closing price of Ashford common stock.  Due to the parameters of the private letter ruling expected to be received from the In
Oct 02, 2019 08:00 am ET
Ashford To Host Investor & Analyst Day
DALLAS, Oct. 2, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") announced today that it will host an Investor & Analyst Day in New York City on Thursday, October 3, 2019 at The St. Regis Hotel.
Sep 26, 2019 08:00 am ET
Ashford Sets Third Quarter Earnings Release and Conference Call Dates
DALLAS, Sept. 26, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2019.
Sep 25, 2019 08:30 am ET
Ashford Announces Creation Of Dedicated Platform To Raise Retail Capital Through Financial Intermediaries And The Broker-Dealer Channel
DALLAS, Sept. 25, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that it has formed Ashford Securities LLC ("Ashford Securities") to raise capital in order to grow its existing and future platforms.  Following registration with the Financial Industry Regulatory Authority and other regulatory authorities, Ashford Securities will be a dedicated capital raising platform to fund investment opportunities sponsored and asset-managed by Ashford.  Types of capital raised may include, but are not limited to, preferred equity, convertible preferred
Sep 23, 2019 04:15 pm ET
Ashford Announces Appointment Of Balaji Krishnamurthy As Pure Wellness' CEO To Drive Next Stage Of Growth
BUFFALO, N.Y., Sept. 23, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) and Pure Wellness Rooms ("Pure Wellness") announced today that hospitality industry veteran Balaji Krishnamurthy has been named Chief Executive Officer of Pure Wellness, effective September 9, 2019. Mr. Krishnamurthy joins Pure Wellness at a time of growing demand for health and wellness offerings in the hospitality industry. With a solid foundation in place, Krishnamurthy will focus on driving significant growth for Pure Wellness as it further solidifies its market position as a leading provider of wellness-ori
Sep 16, 2019 04:15 pm ET
Ashford Mourns The Passing Of Former Pure Wellness CEO Larry Hall
DALLAS, Sept. 16, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced with great sadness the recent passing of Larry Hall, hospitality industry veteran and former Chief Executive Officer of Pure Wellness Rooms ("Pure Wellness").
Aug 01, 2019 04:15 pm ET
Ashford Reports Second Quarter 2019 Results
DALLAS, Aug. 1, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today reported the following results and performance measures for the second quarter ended June 30, 2019.  Unless otherwise stated, all reported results compare the second quarter ended June 30, 2019, with the second quarter ended June 30, 2018 (see discussion below).  The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release. 
Aug 01, 2019 04:15 pm ET
Ashford Trust Reports Second Quarter 2019 Results
DALLAS, Aug. 1, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today reported financial results and performance measures for the second quarter ended June 30, 2019. The comparable performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA assume each of the hotel properties in the Company's hotel portfolio as of June 30, 2019 were owned as of the beginning of each of the periods presented.  Unless otherwise stated, all reported results compare the second quarter ended June 30, 20
Jul 23, 2019 08:00 am ET
Ashford Announces Acquisition Of Key West-Based Provider Of Watersports Activities And Excursion Services
DALLAS, July 23, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that one of its Hospitality Products and Services companies, RED Hospitality & Leisure ("RED Hospitality"), has completed the acquisition of substantially all of the assets of Sebago, a leading provider of watersports activities and excursion services based in Key West, Florida for approximately $2.5 million in cash and $4.5 million of Ashford common stock (excluding transaction costs and working capital adjustments). Based on unaudited financials provided by the seller,
May 15, 2019 05:15 pm ET
Donald Kelly and Mark Matz Appointed Premier Project Management's Co-Chief Executive Officers
DALLAS, May 15, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) and Premier Project Management ("Premier" or the "Company") announced today that Donald R. Kelly has been appointed Co-Chief Executive Officer, effective May 15, 2019.  Kelly will work alongside Mark Matz, who is being promoted from Co-President and Chief Operating Officer to Co-Chief Executive Officer and Chief Operating Officer, to drive growth both within Premier's current business lines and to execute on new growth initiatives.
May 02, 2019 04:15 pm ET
Ashford Reports First Quarter 2019 Results
DALLAS, May 2, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today reported the following results and performance measures for the first quarter ended March 31, 2019.  Unless otherwise stated, all reported results compare the first quarter ended March 31, 2019, with the first quarter ended March 31, 2018 (see discussion below).  The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release. 
May 01, 2019 04:15 pm ET
Braemar Hotels & Resorts Reports First Quarter 2019 Results
DALLAS, May 1, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today reported the following results and performance measures for the first quarter ended March 31, 2019.  The comparable performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA assume each of the hotel properties in the Company's hotel portfolio as of March 31, 2019 were owned as of the beginning of each of the periods presented.  Unless otherwise stated, all reported results compare the first quarter ended March 31, 2
Apr 10, 2019 08:00 am ET
Ashford Mourns The Sudden Passing Of J&S Audio Visual CEO Monroe Jost
DALLAS, April 10, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford") today announced with great sadness the passing of Monroe Jost, the founder and Chief Executive Officer of J&S Audio Visual ("J&S" or the "Company"), one of its Hospitality Products and Services companies.
Apr 09, 2019 07:35 am ET
Investor Expectations to Drive Momentum within Senior Housing Properties Trust, Cato, Enable Midstream Partners, LP, Hi-Crush Partners LP, Franklin Covey, and Ashford — Discovering Underlying Factors
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Senior Housing Properties Trust (NASDAQ:SNH), Cato Corporation...
Apr 05, 2019 04:20 pm ET
Ashford Sets First Quarter Earnings Release And Conference Call Dates
DALLAS, April 5, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2019.
Mar 05, 2019 04:33 pm ET
Ashford Reports Closing of J&S' Strategic Investment in Buffalo-Based Integrated Provider of Audio and Visual Services
DALLAS, March 5, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that one of its Hospitality Products and Services companies, J&S, has completed the acquisition of substantially all of the assets of an integrated provider of audio and visual services based in Buffalo, New York ("BAV") for approximately $5 million in cash and $4 million of Ashford common stock (excluding transaction costs, working capital adjustments, and contingent consideration).  Adjusted EBITDA for the twelve months ending December 31, 2019 is expected to be approxi
Feb 28, 2019 03:15 pm ET
Ashford Reports Fourth Quarter And Year End 2018 Results
DALLAS, Feb. 28, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today reported the following results and performance measures for the fourth quarter and year ended December 31, 2018.  Unless otherwise stated, all reported results compare the fourth quarter and year ended December 31, 2018, with the fourth quarter and year ended December 31, 2017 (see discussion below).  The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release. 
Feb 28, 2019 03:15 pm ET
Ashford Trust Reports Fourth Quarter And Year End 2018 Results
DALLAS, Feb. 28, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today reported financial results and performance measures for the fourth quarter and full year ended December 31, 2018. The comparable performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA assume each of the hotel properties in the Company's hotel portfolio as of December 31, 2018 were owned as of the beginning of each of the periods presented.  Unless otherwise stated, all reported results compare the fourth qu
Feb 27, 2019 07:00 am ET
Braemar Hotels & Resorts Reports Fourth Quarter And Year End 2018 Results
DALLAS, Feb. 27, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today reported the following results and performance measures for the fourth quarter and full year ended December 31, 2018.  The comparable performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA assume each of the hotel properties in the Company's hotel portfolio as of December 31, 2018 were owned as of the beginning of each of the periods presented.  Unless otherwise stated, all reported results compare the fourth q
Jan 17, 2019 03:15 pm ET
Ashford Inc. Announces New Enhanced Return Funding Program With Braemar Hotels & Resorts In Connection With The Closing Of The Ritz-Carlton Lake Tahoe Acquisition
DALLAS, Jan. 17, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that, in connection with the acquisition of the Ritz-Carlton Lake Tahoe, it has entered into an agreement with Braemar Hotels & Resorts, Inc. (NYSE: BHR) ("Braemar") for the new Enhanced Return Funding Program ("ERFP" or the "Program").  Under the Program, Ashford has agreed to provide up to $50 million to Braemar in connection with the acquisition by Braemar of additional hotels. Ashford will provide 10% of the purchase price of each hotel acquired by Braemar, for up to
Dec 31, 2018 07:00 am ET
Ashford Sets Fourth Quarter Earnings Release And Conference Call Dates
DALLAS, Dec. 31, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2018.
Nov 26, 2018 07:40 am ET
Detailed Research: Economic Perspectives on LiqTech International, Essendant, Powell Industries, Capstead Mortgage, Ashford, and Centrus Energy — What Drives Growth in Today's Competitive Landscape
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of LiqTech International, Inc. (NYSE:LIQT), Essendant Inc. (NASDAQ:ESND),...
Nov 13, 2018 07:00 am ET
Ashford Trust Completes $25 Million Financing for La Posada de Santa Fe
DALLAS, Nov. 13, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has secured a $25 million property-level mortgage financing for the recently-acquired La Posada de Santa Fe in Santa Fe, New Mexico.   
Nov 01, 2018 04:15 pm ET
Ashford Reports Third Quarter Results
DALLAS, Nov. 1, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today reported the following results and performance measures for the third quarter ended September 30, 2018.  Unless otherwise stated, all reported results compare the third quarter ended September 30, 2018, with the third quarter ended September 30, 2017 (see discussion below).  The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release. 
Nov 01, 2018 04:15 pm ET
Ashford Trust Reports Third Quarter 2018 Results
DALLAS, Nov. 1, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today reported financial results and performance measures for the third quarter ended September 30, 2018. The comparable performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA assume each of the hotel properties in the Company's hotel portfolio as of September 30, 2018 were owned as of the beginning of each of the periods presented.  Unless otherwise stated, all reported results compare the third quarter ended Sep
Oct 31, 2018 05:15 pm ET
Ashford Trust Completes Acquisition of the La Posada de Santa Fe Hotel
DALLAS, Oct. 31, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has completed the previously announced acquisition of  La Posada de Santa Fe ("La Posada") located in Santa Fe, New Mexico, for total consideration of $50 million. This acquisition is the second transaction to benefit from the Enhanced Return Funding Program (the "Program") with Ashford Inc. (NYSE American: AINC).  In connection with the acquisition of La Posada, Ashford Inc. will provide Ashford Trust with $5 million of cash via the future purchase of
Oct 22, 2018 08:00 am ET
Ashford And J&S Audio Visual Announce Appointment Of Jason Metcalf As JSAV's Chief Operating Officer
IRVING, Texas, Oct. 22, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) and J&S Audio Visual ("JSAV") today announced that Jason A. Metcalf has joined JSAV as its Chief Operating Officer.  In this new role, Metcalf will focus on accelerating growth opportunities at JSAV, as well as drive organizational scale and improve business efficiency and results.
Oct 22, 2018 08:00 am ET
Ashford And Pure Wellness Rooms Name Industry Veteran Larry Hall As Pure Wellness' CEO To Drive Next Stage Of Business Growth
BUFFALO, N.Y., Oct. 22, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) and Pure Wellness Rooms ("Pure Wellness" or the "Company") announced today that hospitality industry veteran Larry Hall joined Pure Wellness as its new Chief Executive Officer. Hall is taking the helm of Pure Wellness at a time when there is growing demand for health and wellness offerings in the hospitality industry. With a solid foundation in place, Hall will focus on driving significant growth for Pure Wellness as the Company further solidifies its market position as a leading provider of wellness-oriented hot
Oct 01, 2018 08:00 am ET
Ashford To Host Investor & Analyst Day
DALLAS, Oct. 1, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") announced today that it will host an Investor & Analyst Day in New York City on Tuesday, October 2, 2018 at The St. Regis Hotel.
Sep 27, 2018 04:05 pm ET
Ashford Sets Third Quarter Earnings Release And Conference Call Dates
DALLAS, Sept. 27, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2018.
Sep 25, 2018 07:20 pm ET
Ashford Prices Public Offering Of Common Stock
DALLAS, Sept. 25, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") announced today that it has priced its underwritten public offering of 270,000 shares of common stock, par value $0.01 per share (the "Common Stock"), at a price to the public of $74.50 per share. The Company has also granted the underwriters of the offering a 30-day option to purchase an additional 40,500 shares of Common Stock as part of this offering. Settlement of the offering is expected to occur on or about September 28, 2018.  The closing of the offering is subject to market and othe
Sep 24, 2018 04:15 pm ET
Ashford Launches Public Offering of Common Stock
DALLAS, Sept. 24, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") announced today that it has commenced an underwritten public offering of $20,000,000 of its shares of common stock, par value $0.01 per share (the "Common Stock"). The Company expects to grant the underwriters of the offering a 30-day option to purchase  additional shares of Common Stock, representing an aggregate public offering price of up to $3,000,000. The offering is subject to market and other customary conditions.
Aug 29, 2018 07:12 pm ET
Bragar Eagel & Squire, P.C. Announces that it is Investigating the Board of Directors of Ashford Inc. (AINC) and Encourages Investors to Contact the Firm
Bragar Eagel Squire, P.C. announces that the Firm is investigating potential claims against certain officers and directors of Ashford Inc. (NYSE: AINC). To learn more about these claims, please contact Brandon Walker or Melissa Fortunato by...
Aug 09, 2018 04:15 pm ET
Ashford Reports Second Quarter Results
DALLAS, Aug. 9, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today reported the following results and performance measures for the second quarter ended June 30, 2018.  Unless otherwise stated, all reported results compare the second quarter ended June 30, 2018, with the second quarter ended June 30, 2017 (see discussion below).  The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release. 
Aug 08, 2018 04:05 pm ET
Ashford Announces Stockholder Approval And Closing Of Acquisition Of Remington's Project Management Business
DALLAS, Aug. 8, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) (the "Company") today announced it has completed its previously announced acquisition of Remington Holdings, L.P.'s ("Remington") Project Management business. The transaction represents a significant milestone in Ashford's strategy, adding scale, diversification and an enhanced competitive position in the hospitality industry by expanding the breadth of services the Company offers to its advised REITs and other hospitality companies.  Also, the income from the Project Management business is a crucial component of the Com
Aug 06, 2018 04:15 pm ET
Ashford Sets Rescheduled Dates For Second Quarter Earnings Release And Conference Call
DALLAS, Aug. 6, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the second quarter ended June 30, 2018.
Jul 30, 2018 04:50 pm ET
Ashford Reschedules Second Quarter Earnings Release And Conference Call
DALLAS, July 30, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") announced today that, given the timing of its stockholder vote on August 7, 2018 in connection with its potential acquisition of Remington Holdings' Project Management business and the anticipated closing of the acquisition shortly thereafter, the Company has rescheduled the date of its second quarter earnings release and conference call to late next week after the shareholder vote and anticipated closing.  The Company will be announcing the exact time and date and call-in information in due
Jul 26, 2018 09:50 am ET
The Klein Law Firm Notifies Investors of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Ashford Inc. (AINC)
The Klein Law Firm announces the commencement of an investigation of Ashford Inc. (NYSEAmerican:AINC) concerning possible breaches of fiduciary duty by certain officers and directors of the Company. If you suffered a loss in Ashford and wish to...
Jun 29, 2018 08:00 am ET
Ashford Sets Second Quarter Earnings Release And Conference Call Dates
DALLAS, June 29, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the second quarter ended June 30, 2018.
Jun 26, 2018 04:15 pm ET
Jun 25, 2018 08:00 am ET
Ashford Inc. Added To The Russell 2000® And Russell 3000® Indexes
DALLAS, June 25, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) (the "Company") today announced that it was added as a member of the U.S. small-cap Russell 2000® Index and the U.S. broad-market Russell 3000® Index at the conclusion of the Russell indexes annual reconstitution, effective after market close on June 22, 2018. Ashford will also be automatically added to the appropriate growth and value indexes.
May 07, 2018 10:19 am ET
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces the Commencement of an Investigation Involving Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Ashford Inc.
Levi & Korsinsky, LLP announces that it has commenced an investigation of Ashford Inc. (“Ashford” or the “Company”) (NYSE American:AINC) concerning possible breaches of fiduciary duty by certain officers and directors of the Company. To obtain additional information about the investigation, go to:
May 03, 2018 04:15 pm ET
Ashford Reports First Quarter Results
DALLAS, May 3, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) (the "Company") today reported the following results and performance measures for the first quarter ended March 31, 2018.  Unless otherwise stated, all reported results compare the first quarter ended March 31, 2018, with the first quarter ended March 31, 2017 (see discussion below).  The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release. 
May 02, 2018 04:15 pm ET
Braemar Hotels & Resorts Reports First Quarter 2018 Results
DALLAS, May 2, 2018 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today reported the following results and performance measures for the first quarter ended March 31, 2018.  The performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA are comparable assuming each of the hotel properties in the Company's hotel portfolio as of March 31, 2018 were owned as of the beginning of each of the periods presented.  Unless otherwise stated, all reported results compare the first quarter ended March
Apr 23, 2018 07:30 am ET
Ashford Prime Announces Rebranding To Braemar Hotels & Resorts
DALLAS, April 23, 2018 /PRNewswire/ -- Braemar Hotels & Resorts, Inc. (NYSE: BHR) ("Braemar" or "the Company"), formerly Ashford Hospitality Prime, Inc. (NYSE: AHP), today announced that it will change its name from Ashford Hospitality Prime to Braemar Hotels & Resorts, trading under the New York Stock Exchange ticker symbol BHR, effective before the market opens on April 24, 2018.
Apr 09, 2018 08:00 am ET
Apr 03, 2018 08:00 am ET
Ashford Sets First Quarter Earnings Release And Conference Call Dates
DALLAS, April 3, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2018.
Apr 02, 2018 08:00 am ET
Ashford Mourns the Death of Long-Time Executive David A. Brooks
DALLAS, April 2, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced with great sadness the passing of long-time executive David A. Brooks, who served in multiple leadership roles with the Company and its advised platforms since 2003.  He was 58.
Mar 12, 2018 04:15 pm ET
Ashford Announces Senior Management Promotions
DALLAS, March 12, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) (the "Company") today announced several senior management promotions and changes in executive titles at Ashford as well as the Company's two advised REIT platforms, Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or "Trust") and Ashford Hospitality Prime, Inc. (NYSE: AHP) ("Ashford Prime" or "Prime"), effective immediately.
Mar 02, 2018 07:00 am ET
Ashford Announces $35 Million Credit Facility
DALLAS, March 2, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) (the "Company") announced today that it has entered into a new $35 million senior revolving credit facility with Bank of America, N.A. The credit facility provides for a three-year revolving line of credit and bears interest at a range of 3.0% - 3.50% over LIBOR, depending on the leverage level of the Company.  There is a one-year extension option subject to the satisfaction of certain conditions.  The new credit facility includes the opportunity to expand the borrowing capacity by up to $40 million to an aggregate size
Mar 01, 2018 04:50 pm ET
Ashford Reports Fourth Quarter And Year End 2017 Results
DALLAS, March 1, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) (the "Company") today reported the following results and performance measures for the fourth quarter ended December 31, 2017.  Unless otherwise stated, all reported results compare the fourth quarter ended December 31, 2017, with the fourth quarter ended December 31, 2016 (see discussion below).  The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release. 
Feb 20, 2018 03:15 pm ET
Ashford Launches Interactive Analyst Center On Its Investor Relations Website
DALLAS, Feb. 20, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced the launch of enhanced functionality to the investor relations portion of its website (http://www.ashfordinc.com) designed to enable investors and analysts to easily view, chart and download the Company's historical financials and operating metrics. 
Jan 03, 2018 07:00 am ET
Ashford Sets Fourth Quarter Earnings Release And Conference Call Dates
DALLAS, Jan. 3, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2017.
Nov 02, 2017 05:15 pm ET
Ashford Reports Third Quarter 2017 Results
DALLAS, Nov. 2, 2017 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) (the "Company") today reported the following results and performance measures for the third quarter ended September 30, 2017.  Unless otherwise stated, all reported results compare the third quarter ended September 30, 2017, with the third quarter ended September 30, 2016 (see discussion below).  The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release. 
Nov 01, 2017 06:45 pm ET
Ashford Announces Closing Of Strategic Investment In Leading Provider Of Integrated Audio Visual Services To The Hospitality And Corporate Industries
DALLAS, Nov. 1, 2017 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that it has completed the acquisition of a controlling interest in a privately held company that conducts the business of J&S Audio Visual in the United States, Mexico, and the Dominican Republic ("J&S") for approximately $9.2 million in cash, $4.3 million of Ashford common stock, and $9.5 million in assumed debt (excluding transaction costs, working capital adjustments, and contingent consideration).  After giving effect to the transaction, Ashford will own an approxi
Oct 02, 2017 09:00 am ET
Ashford To Host Investor & Analyst Day
DALLAS, Oct. 2, 2017 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) (the "Company") announced today that it will host an Investor & Analyst Day in New York City on Tuesday, October 3, 2017 at The St. Regis Hotel.
Sep 29, 2017 09:00 am ET
Ashford Sets Third Quarter Earnings Release And Conference Call Dates
DALLAS, Sept. 29, 2017 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2017.
Aug 03, 2017 05:15 pm ET
Ashford Reports Second Quarter 2017 Results
DALLAS, Aug. 3, 2017 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) (the "Company") today reported the following results and performance measures for the second quarter ended June 30, 2017.  Unless otherwise stated, all reported results compare the second quarter ended June 30, 2017, with the second quarter ended June 30, 2016 (see discussion below).  The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release.
Aug 02, 2017 05:15 pm ET
Ashford Prime Reports Second Quarter 2017 Results
DALLAS, Aug. 2, 2017 /PRNewswire/ -- Ashford Hospitality Prime, Inc. (NYSE: AHP) ("Ashford Prime" or the "Company") today reported the following results and performance measures for the second quarter ended June 30, 2017.  The performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA are comparable assuming each of the hotel properties in the Company's hotel portfolio as of June 30, 2017 were owned as of the beginning of each of the periods presented.  Unless otherwise stated, all reported results compare the second quarter ended
Jul 25, 2017 05:30 pm ET
Ashford Announces Agreement For Strategic Investment In Leading Provider Of Integrated Audio Visual Services To The Hospitality And Corporate Industries
DALLAS, July 25, 2017 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that it has agreed to acquire a controlling interest in a privately held company that conducts the business of J&S Audio Visual in the United States, Mexico, and the Dominican Republic ("J&S") for approximately $17.1 million in cash and $4.3 million of Ashford common stock consideration (excluding transaction costs and working capital adjustments), subject to certain closing conditions.  The transaction is expected to close in the third quarter.  J&S provides an i
Jun 30, 2017 09:00 am ET
Ashford Sets Second Quarter Earnings Release and Conference Call Dates
DALLAS, June 30, 2017 /PRNewswire/ -- Ashford Inc. (NYSE MKT: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the second quarter ended June 30, 2017.
Jun 12, 2017 05:15 pm ET
Ashford Prime Stockholders Approve Amendment To Advisory Agreement
DALLAS, June 12, 2017 /PRNewswire/ -- Ashford Hospitality Prime, Inc. (NYSE: AHP) ("Ashford Prime" or the "Company") today announced that at its 2017 Annual Meeting of stockholders (the "Annual Meeting") held on Friday, June 9th, its stockholders approved the Company's amended and restated advisory agreement with Ashford Inc. (NYSE MKT: AINC) with over 95% of shares voted approving the amendment.  The amended agreement, previously entered into and announced on January 24, 2017, significantly lowers the termination fee and addresses other investor feedback.
May 04, 2017 05:15 pm ET
Ashford Reports First Quarter 2017 Results
DALLAS, May 4, 2017 /PRNewswire/ -- Ashford (NYSE MKT: AINC) (the "Company") today reported the following results and performance measures for the first quarter ended March 31, 2017.  For the first quarter, the Company has consolidated the financial position and operating results of the private investment funds managed by Ashford Investment Management.  The financial impact from this consolidation is adjusted out of the Company's financials through the noncontrolling interests in consolidated entities line items on the Company's income statement and balance sheet.  Unless otherwise stated, a
May 03, 2017 05:15 pm ET
Ashford Prime Reports First Quarter 2017 Results
DALLAS, May 3, 2017 /PRNewswire/ -- Ashford Hospitality Prime, Inc. (NYSE: AHP) ("Ashford Prime" or the "Company") today reported the following results and performance measures for the first quarter ended March 31, 2017.  The performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA are comparable assuming each of the hotel properties in the Company's hotel portfolio as of March 31, 2017 were owned as of the beginning of each of the periods presented.  Unless otherwise stated, all reported results compare the first quar
Apr 13, 2017 06:50 pm ET
Ashford Announces Agreement for Strategic Investment in Leading Provider of Hypo-Allergenic Hotel Rooms
DALLAS, April 13, 2017 /PRNewswire/ -- Ashford Inc. (NYSE MKT: AINC) ("Ashford" or the "Company") today announced that it has acquired a controlling interest in a privately held company that conducts the business of Pure Rooms ("Pure Rooms") for approximately $97,000 in cash consideration (excluding transaction costs).  Pure Rooms utilizes state-of-the-art purification technology to create allergy-friendly guestrooms.  Pure Rooms currently has contracts in place with approximately 160 hotels (approximately 2,400 rooms) throughout the United States.  Pure Rooms' hypo-allergenic rooms are desi
Apr 03, 2017 02:00 pm ET
Ashford Sets First Quarter Earnings Release And Conference Call Dates
DALLAS, April 3, 2017 /PRNewswire/ -- Ashford Inc. (NYSE MKT: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2017.
Mar 28, 2017 05:15 pm ET
Ashford Announces Update On Proposed Remington Transaction
DALLAS, March 28, 2017 /PRNewswire/ -- Ashford Inc. (NYSE MKT: AINC) ("Ashford" or the "Company") announced today that the Company has been unsuccessful in receiving an acceptable private letter ruling from the Internal Revenue Service ("IRS") and has decided to cease its efforts in completing the proposed transaction as originally contemplated with Remington Holdings, LP ("Remington"). The Company has begun the process of evaluating the purchase of just Remington's project management business, which would not require a private letter ruling, and has formed a Special Committee of its Board t
Feb 27, 2017 06:26 pm ET
Ashford Hospitality Trust Acknowledges Land And Buildings Endorsement For FelCor Lodging Trust's Board To Review Value Creating Proposal
DALLAS, Feb. 27, 2017 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust") today made the following statements in response to the press release issued today by Land and Buildings Investment Management, LLC ("Land and Buildings"). 
Feb 27, 2017 06:25 pm ET
Ashford Hospitality Trust Responds To FelCor Lodging Trust's Misleading Comments About Value Creating Proposal
DALLAS, Feb. 27, 2017 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust") today made the following statements in response to the press release issued by FelCor Lodging Trust Incorporated (NYSE: FCH) ("FelCor") on February 24, 2017.
Feb 23, 2017 05:15 pm ET
Ashford Reports Fourth Quarter 2016 Results
DALLAS, Feb. 23, 2017 /PRNewswire/ -- Ashford (NYSE MKT: AINC) (the "Company") today reported the following results and performance measures for the fourth quarter ended December 31, 2016.  For the fourth quarter, the Company has consolidated the financial position and operating results of the private investment funds managed by Ashford Investment Management.  The financial impact from this consolidation is adjusted out of the Company's financials through the noncontrolling interests in consolidated entities line items on the Company's income statement and balance sheet.  Unless otherwise st
Feb 22, 2017 04:15 pm ET
Ashford Prime Reports Fourth Quarter And Year End 2016 Results
DALLAS, Feb. 22, 2017 /PRNewswire/ -- Ashford Hospitality Prime, Inc. (NYSE: AHP) ("Ashford Prime" or the "Company") today reported the following results and performance measures for the fourth quarter ended December 31, 2016.  The performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA are comparable assuming each of the hotel properties in the Company's hotel portfolio as of December 31, 2016 were owned as of the beginning of each of the periods presented.  Unless otherwise stated, all reported results compare the
Feb 21, 2017 04:15 pm ET
Ashford Inc. Confirms Support For Proposed Acquisition Of FelCor Lodging Trust By Ashford Hospitality Trust
DALLAS, Feb. 21, 2017 /PRNewswire/ -- Ashford Inc. (NYSE MKT: AINC) ("Ashford" or the "Company") today announced that it supports the non-binding proposal of Ashford Hospitality Trust (NYSE: AHT) ("Ashford Trust") to acquire FelCor Lodging Trust (NYSE: FCH) ("FelCor").  The board of directors of Ashford has authorized Ashford to participate in the transaction on the terms outlined in Ashford Trust's letter to FelCor, subject to completion of a due diligence review and negotiation and execution of definitive transaction agreements.  Ashford believes its participation in the proposed combinati
Feb 21, 2017 08:00 am ET
Ashford Hospitality Trust Proposes To Acquire FelCor Lodging Trust At A Significant Premium Of 28% Per Share To Create Compelling Long-Term Shareholder Value
DALLAS, Feb. 21, 2017 /PRNewswire/ -- Ashford Hospitality Trust (NYSE: AHT) ("Ashford Trust" or the "Company"), a real estate investment trust focused on investing in the hospitality industry in upper upscale, full-service hotels, announced today that it has submitted a non-binding proposal to acquire FelCor Lodging Trust (NYSE: FCH) ("FelCor") for a total consideration of $9.27 per share, based on closing prices as of February 17, 2017. FelCor shareholders would receive a fixed exchange ratio of 1.192 shares of Ashford Trust, a total of 400,000 shares of Ashford Inc. (NYSE MKT: AINC), and a
Jan 24, 2017 04:07 pm ET
Ashford Prime Announces Amendment To Advisory Agreement
DALLAS, Jan. 24, 2017 /PRNewswire/ -- Ashford Hospitality Prime, Inc. (NYSE: AHP) ("Ashford Prime" or the "Company") today announced that it has entered into an amended and restated advisory agreement with Ashford Inc. (NYSE MKT: AINC). The Company's board of directors, acting upon the unanimous recommendation of a special committee of independent directors, unanimously approved the amended agreement, and resolved to recommend that the Company's stockholders approve the amended agreement. The special committee exclusively negotiated the amended agreement on behalf of the Company with the ass
Jan 03, 2017 01:00 pm ET
Ashford Sets Fourth Quarter Earnings Release and Conference Call Dates
DALLAS, Jan. 3, 2017 /PRNewswire/ -- Ashford Inc. (NYSE MKT: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2016.
Nov 03, 2016 05:51 pm ET
Ashford Reports Third Quarter 2016 Results
DALLAS, Nov. 3, 2016 /PRNewswire/ -- Ashford (NYSE MKT: AINC) (the "Company") today reported the following results and performance measures for the third quarter ended September 30, 2016.  For the third quarter, the Company has consolidated the financial position and operating results of the private investment funds managed by Ashford Investment Management.  The financial impact from this consolidation is adjusted out of the Company's financials through the noncontrolling interests in consolidated entities line items on the Company's income statement and balance sheet.  Unless otherwise stat
Oct 03, 2016 12:00 pm ET
Ashford Sets Third Quarter Earnings Release And Conference Call Dates
DALLAS, Oct. 3, 2016 /PRNewswire/ -- Ashford Inc. (NYSE MKT: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2016.
Aug 04, 2016 05:15 pm ET
Ashford Reports Second Quarter 2016 Results
DALLAS, Aug. 4, 2016 /PRNewswire/ -- Ashford (NYSE MKT: AINC) (the "Company") today reported the following results and performance measures for the second quarter ended June 30, 2016.  For the second quarter, the Company has consolidated the financial position and operating results of the private investment funds managed by Ashford Investment Management. The financial impact from this consolidation is adjusted out of the Company's financials through the noncontrolling interests in consolidated entities line items on the Company's income statement and balance sheet.  Unless otherwise stated,
Jul 05, 2016 12:15 pm ET
Ashford Sets Second Quarter Earnings Release And Conference Call Dates
DALLAS, July 5, 2016 /PRNewswire/ -- Ashford Inc. (NYSE MKT: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the second quarter ended June 30, 2016.
May 05, 2016 05:15 pm ET
Ashford Reports First Quarter 2016 Results
DALLAS, May 5, 2016 /PRNewswire/ -- Ashford (NYSE MKT: AINC) (the "Company") today reported the following results and performance measures for the first quarter ended March 31, 2016.  For the first quarter, the Company has consolidated the financial position and operating results of the private investment funds managed by Ashford Investment Management. The financial impact from this consolidation is adjusted out of the Company's financials through the noncontrolling interests in consolidated entities line items on the Company's income statement and balance sheet.  Unless otherwise stated, al
Apr 28, 2016 02:15 pm ET
Ashford Chairman & CEO, Monty J. Bennett, To Present At 2016 Milken Institute Global Conference
DALLAS, April 28, 2016 /PRNewswire/ -- Ashford Inc., (NYSE MKT: AINC) ("Ashford" or the "Company"), a leading provider of global asset management, investment management and related services to the real estate and hospitality sectors, today announced that Monty J. Bennett, Founder, Chairman and Chief Executive Officer of Ashford Group of Companies, will be a panelist at the 2016 Milken Institute Global Conference taking place May 1, 2016 – May 4, 2016 in Los Angeles, CA.
Apr 13, 2016 07:55 am ET
Ashford Inc. Stockholders Approve Combination With Remington
DALLAS, April 13, 2016 /PRNewswire/ -- Ashford Inc. (NYSE MKT: AINC) ("Ashford" or the "Company") announced that its stockholders approved the proposals relating to the Company's combination with Remington Holdings, LP ("Remington") at a special meeting held yesterday. Holders of over 80% of Ashford shares present and voting at the meeting, representing over 85% of outstanding shares, voted in favor of the combination, and approximately 56% of shares, excluding shares owned by Ashford Hospitality Trust (NYSE: AHT), Ashford Hospitality Prime (NYSE: AHP), and insiders and related parties, pres
Apr 12, 2016 07:55 am ET
Court Grants Order For Expedited Discovery In Ashford, Inc. Litigation Against Sessa Capital
DALLAS, April 12, 2016 /PRNewswire/ -- Ashford Inc. (NYSE MKT: AINC) (the "Company") today announced an update on its pending litigation with Sessa Capital ("Sessa").  The United States District Court for the Northern District of Texas issued an order on Wednesday, April 6, 2016 in the civil case in which Ashford Inc. is a named defendant granting Ashford Hospitality Prime's ("Ashford Prime") request for expedited discovery.  The discovery request seeks the names and identities of Sessa's limited partners, communication between those limited partners and Sessa, and information about cooperat
Apr 05, 2016 12:30 pm ET
Ashford Sets First Quarter Earnings Release And Conference Call Dates
DALLAS, April 5, 2016 /PRNewswire/ -- Ashford Inc. (NYSE MKT: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2016.
Mar 28, 2016 07:55 am ET
Ashford Seeks Injunction To Freeze Sessa From Paying Investor Redemptions
DALLAS, March 28, 2016 /PRNewswire/ -- Ashford Inc. (NYSE MKT: AINC) ("Ashford" or the "Company") today announced that it requested that a Texas state court issue an injunction to prevent Sessa Capital ("Sessa") from paying redemption requests made by its investors. The Company filed a lawsuit claiming tortious interference, together with additional claims including conspiracy, alleging monetary damages potentially exceeding $200 million as well as other non-monetary relief against Sessa and its purported director nominees John E. Petry, Philip B. Livingston, Lawrence A. Cunningham, Daniel B
Mar 23, 2016 07:55 am ET
Ashford, Inc. Files Tortious Interference Lawsuit Against Sessa Capital Alleging Over $200M in Potential Damages
DALLAS, March 23, 2016 /PRNewswire/ -- Ashford, Inc. (NYSE MKT: AINC) ("Ashford" or the "Company") today announced that it has filed a lawsuit claiming tortious interference, together with additional claims, alleging monetary damages potentially exceeding $200 million as well as other non-monetary relief against Sessa Capital ("Sessa") and its purported director nominees John E. Petry, Philip B. Livingston, Lawrence A. Cunningham, Daniel B. Silvers and Chris D. Wheeler. The lawsuit, which was filed with the Dallas County District Clerk in Dallas County, Texas, seeks to enjoin Sessa and the o
Feb 29, 2016 07:00 am ET
Rambleside Calls for Ashford Hospitality Trust, Inc. To Explore Strategic Alternatives
NEW YORK, Feb. 29, 2016 /PRNewswire/ -- Today, Rambleside Holdings, an investment firm specializing in real estate assets and securities, publicly released two letters recently sent to the Board of Directors of Ashford Hospitality Trust, Inc., advocating for value creation for all shareholders. Despite strong fourth quarter earnings, the market reacted negatively towards the Board's unacceptable "do nothing" approach to narrowing the substantial valuation discount of the Company's stock price. In light of a potential proxy battle at Ashford Hospitality Prime, Inc.; significant excess cash on
Feb 25, 2016 04:15 pm ET
Ashford Reports Fourth Quarter 2015 Results
DALLAS, Feb. 25, 2016 /PRNewswire/ -- Ashford (NYSE MKT: AINC) (the "Company") today reported the following results and performance measures for the fourth quarter ended December 31, 2015.  On November 12, 2014, the Company completed its spin-off from Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Trust"), but the Company has presented its prior year financial statements in accordance with GAAP, which requires that historical carve-out financial statements be presented.  Accordingly, the Company's results for the prior year period may not be representative of results in future periods. Also,
Jan 26, 2016 12:27 pm ET
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces the Commencement of an Investigation Involving Possible Breaches of Fiduciary Duty by Ashford Inc. and Certain Officers and Directors -- AINC
NEW YORK, Jan. 26, 2016 /PRNewswire/ -- Levi & Korsinsky, LLP announces that it has commenced an investigation of Ashford Inc. ("Ashford" or the "Company") (NYSE MKT: AINC) concerning possible breaches of fiduciary duty by the Company and/or certain of its officers and directors. To obtain additional information about the investigation, go to:

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