Ashford Hospitality traded at $3.24 this Tuesday June 23rd, increasing $0.02 or 0.62 percent since the previous trading session. Looking back, over the last four weeks, Ashford Hospitality gained 11.72 percent. Over the last 12 months, its price fell by 47.06 percent. Looking ahead, we forecast Ashford Hospitality to be priced at 3.10 by the end of this quarter and at 2.92 in one year, according to Trading Economics global macro models projections and analysts expectations.
Ashford Hospitality Trust, Inc. (the Trust) is a real estate investment trust (REIT). The Trust is focused on investing in upper upscale full-service hotels in the United States (U.S.). It owns its lodging investments and conducts its business through Ashford Hospitality Limited Partnership (Ashford Trust OP), its operating partnership. Its hotel properties are primarily branded under the upscale and upper upscale brands of Hilton, Hyatt, Marriott and Intercontinental Hotel Group. The Tust has interests in approximately 103 consolidated hotel properties, including 101 directly owned and two owned through a majority-owned investment in a consolidated entity, which represents approximately 22,619 total rooms. It also owns interest in approximately 90 hotel condominium units at WorldQuest Resort in Orlando, Florida (WorldQuest). Ashford Hospitality Advisors LLC is the investment advisor of the Trust.