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Ashford Hospitality Latest To Pursue Asset Sales To Boost Stockholder Value

REIT Shopping 23 of its Select Service Hotels; May Pursue Sale of Remaining 30

With REIT stock prices not keeping up with the increase in property values, more and more REITs and property owners are exploring the spinoff or sale of some properties to maximize shareholder values. The latest looking at that strategy is Ashford Hospitality Trust Inc., which has decided to list for sale a portfolio of 23 select-service hotels that are mostly brand-managed.

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