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Texas Hotelier Weighs Options, Subleases Corporate Office Space as Business Slows

Ashford Seeks to Sublease Two Floors of Its Headquarters at Dallas Office Tower
The lobby of the Dallas office building where Ashford's family of companies currently leases five floors. The company is looking to sublease the 7th and 9th floors of the building. (CoStar)
The lobby of the Dallas office building where Ashford's family of companies currently leases five floors. The company is looking to sublease the 7th and 9th floors of the building. (CoStar)
CoStar News
November 19, 2020 | 11:41 P.M.

A Texas hospitality firm and two of its affiliated real estate investment trusts plan to parcel off some of its corporate real estate to save costs as remote work reduces its need for office space and the pandemic cuts revenue across the industry.

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