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Presidential moves: Island Hospitality and Ashford

Forde promoted at Island, while Ashford’s Welter to depart in July
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Remington acquires Chesapeake Hospitality

Cheaspeake President/CEO Chris Green named divisional president, Remington
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Ashford Hospitality Trust President/CEO Stepping Down

DALLAS—Douglas A. Kessler is voluntarily resigning as president/CEO of Ashford Hospitality Trust to pursue other professional opportunities. The company’s board of directors has appointed
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Ashford Reports Revenue Up 111% in Q4

DALLAS—Ashford Inc. has reported its results and performance measures for the fourth quarter and year ended Dec. 31, 2019, with an increase in total
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In Q3, Ashford Sees Revenue Up 37%

DALLAS—Ashford Inc. posted a strong third quarter, with an increase in total revenue, up 37%, an increase in adjusted EBITDA to 104%, and adjust
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Ashford Reports 140% Total Revenue Increase for 2018

DALLAS—Ashford Inc. reported a 140% increase in total revenue for the year ended December 31, 2018, as well as a 72% increase in the
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Ashford Inc. Unveils New Funding With Ashford Hospitality Trust

NATIONAL REPORT—Ashford Inc. has entered into an agreement with Ashford Hospitality Trust Inc. for the new Enhanced Return Funding Program (ERFP). Under the program,
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Ashford Enters Deal to Acquire Division of Remington

DALLAS—Ashford Inc. has signed a definitive agreement to acquire the project management business of privately held Remington Holdings LP. The transaction, which is expected
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