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Ashford Trust's CEO Rob Hays Appears On A Dallas Based Television Show "Morning After" To Discuss Its Diverse Portfolio And Hotel Industry Recovery

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Ashford Hospitality Trust (NYSE: AHT) CEO Rob Hays appeared on CW33's "Morning After" to discuss the company's diverse hotel portfolio, emphasizing its focus on transient leisure customers and the role of leisure travel in industry recovery. Hays also noted his engagement with investors through Twitter. The company, a real estate investment trust (REIT), concentrates on upper upscale, full-service hotels. Forward-looking statements include concerns over COVID-19 impacts, SEC investigations, and market volatility.

Positive
  • CEO Rob Hays highlights a geographically diverse hotel portfolio.
  • Focus on transient leisure customers could drive recovery.
Negative
  • Potential risks related to COVID-19 and vaccine efficacy.
  • Ongoing SEC investigation may impact operations.
  • Concerns over compliance with NYSE listing standards.

DALLAS, June 15, 2021 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that its President and Chief Executive Officer, Rob Hays, appeared yesterday on CW33's show "Morning After", a local television show based in Dallas, where he discussed Ashford Trust's geographically diverse hotel portfolio, its exposure to transient leisure customers, the leisure traveler's role in the hotel industry recovery, and his proactive engagement with the investment community via his new Twitter handle @aht_rob.

The appearance, hosted by CW33's Morning After Anchors Jenny Anchondo and Ron Corning, can be watched at: https://cw33.com/video/rob-hays-interview/6717937/

Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing predominantly in upper upscale, full-service hotels.

Follow CEO Rob Hays on Twitter at https://twitter.com/aht_rob or @aht_rob.

Forward-Looking Statements

Certain statements and assumptions in this press release contain or are based upon "forward-looking" information and are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release include, among others, statements about the Company's strategy and future plans. These forward-looking statements are subject to risks and uncertainties. When we use the words "will likely result," "may," "anticipate," "estimate," "should," "expect," "believe," "intend," or similar expressions, we intend to identify forward-looking statements. Such statements are subject to numerous assumptions and uncertainties, many of which are outside Ashford Trust's control.

These forward-looking statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated, including, without limitation: the impact of COVID-19, and the rate of adoption and efficacy of vaccines to prevent COVID-19, on our business and investment strategy; the timing and outcome of the Securities and Exchange Commission's investigation; our ability to meet the NYSE continued listing standards; our ability to regain S-3 eligibility; our ability to repay, refinance or restructure our debt and the debt of certain of our subsidiaries; anticipated or expected purchases or sales of assets; our projected operating results; completion of any pending transactions; our understanding of our competition; market trends; projected capital expenditures; the impact of technology on our operations and business; general volatility of the capital markets and the market price of our common stock and preferred stock; availability, terms and deployment of capital; availability of qualified personnel; changes in our industry and the markets in which we operate, interest rates or the general economy; and the degree and nature of our competition. These and other risk factors are more fully discussed in Ashford Trust's filings with the Securities and Exchange Commission.

The forward-looking statements included in this press release are only made as of the date of this press release. Such forward-looking statements are based on our beliefs, assumptions, and expectations of our future performance taking into account all information currently known to us. These beliefs, assumptions, and expectations can change as a result of many potential events or factors, not all of which are known to us. If a change occurs, our business, financial condition, liquidity, results of operations, plans, and other objectives may vary materially from those expressed in our forward-looking statements. You should carefully consider this risk when you make an investment decision concerning our securities. Investors should not place undue reliance on these forward-looking statements. The Company can give no assurance that these forward-looking statements will be attained or that any deviation will not occur. We are not obligated to publicly update or revise any forward-looking statements, whether as a result of new information, future events or circumstances, changes in expectations, or otherwise, except to the extent required by law.

Cision View original content:http://www.prnewswire.com/news-releases/ashford-trusts-ceo-rob-hays-appears-on-a-dallas-based-television-show-morning-after-to-discuss-its-diverse-portfolio-and-hotel-industry-recovery-301313108.html

SOURCE Ashford Hospitality Trust, Inc.

FAQ

What did Ashford Trust's CEO discuss on CW33's Morning After?

Rob Hays discussed the company's diverse hotel portfolio and the importance of transient leisure customers in the recovery of the hotel industry.

What is Ashford Hospitality Trust's focus as a REIT?

Ashford Hospitality Trust primarily invests in upper upscale, full-service hotels.

How does COVID-19 impact Ashford Trust's business strategy?

The company cites risks from COVID-19 and vaccine efficacy that could affect its investment strategy.

What are the risks mentioned by Ashford Trust in their press release?

Risks include the ongoing SEC investigation, compliance with NYSE standards, and general market volatility.

Ashford Hospitality Trust, Inc.

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REIT - Hotel & Motel
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