Name | Value |
---|---|
Revenues | 317.5M |
Cost of Revenue | 249.6M |
Gross Profit | 67.9M |
Operating Expense | 52.5M |
Operating I/L | 15.4M |
Other Income/Expense | -76.1M |
Interest Income | 2.6M |
Pretax | -60.7M |
Income Tax Expense | -4.0M |
Net Income/Loss | -56.7M |
Ashford Hospitality Trust is a real estate investment trust (REIT) specializing in upper upscale, full-service hotels. The company generates revenue by investing in and owning a portfolio of hotel properties, primarily targeting the upper upscale segment of the hospitality industry. Through property acquisitions, development, and management, Ashford Hospitality Trust aims to capitalize on the demand for high-quality accommodations and premium guest experiences. By leveraging its expertise in the hotel sector, the company seeks to drive profitability through strategic investments and operational excellence.