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0 0 0 0.000239664469742383 -0.0576828803311728 -0.0576828803311728 -0.0423988234653304 -0.0674873359115421
Stock impact report

ASHFORD HOSPITALITY TRUST ANNOUNCES "GRO AHT" INITIATIVE

Ashford Hospitality Trust Inc (AHT) 
Last ashford hospitality trust inc earnings: 2/25 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ahtreit.com
Company Research Source: PR Newswire
A STRATEGIC PLAN TO DRIVE OUTSIZED EBITDA GROWTH ADVISOR ASHFORD INC. STEPS UP TO AID EFFORTS $50 MILLION IN INCREMENTAL EBITDA TARGETED OAKTREE FINANCING TARGETED FOR EARLY Q1 PAYOFFDALLAS, Dec. 17, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today the launch of a transformative strategic initiative designed to drive outsized EBITDA growth and substantially improve shareholder value. The initiative, labeled "GRO AHT," centers around three core pillars: G&A Reduction, Revenue Maximization, and Operational Efficiency."GRO AHT represents a bold and focused plan to enhance performance and create value for our shareholders," said Stephen Zsigray, President and Chief Executive Officer of Ashford Trust. "While we expect to benefit from limited supply growth and other industry tailwinds in the coming years, we are targeting an incremental $50 million of EBITDA improvement to run-rate corporate EBITDA with this initiative – an Show less Read more
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