Ashford (NYSE MKT: AINC) is a leading provider of asset management and other services to companies within the hospitality industry. Ashford's principals have a very successful track record and many years of experience investing and asset managing lodging and real estate. Currently, Ashford serves as the advisor to two NYSE listed real estate investment trusts, namely Ashford Hospitality Trust ("Ashford Trust") and Ashford Hospitality Prime ("Ashford Prime").
Ashford Trust is focused on investing opportunistically in the hospitality industry in upper upscale, full service hotels and at all levels of the capital structure primarily within the United States. Ashford Prime's strategy is to invest in high RevPAR full-service luxury hotels and resorts. Combined, Ashford Trust and Ashford Prime have 133 hotels with more than 29,000 rooms and approximately $6 billion in assets.
In addition to Ashford Trust and Ashford Prime, Ashford also has a securities investment subsidiary called Ashford Investment Management, which is an alternative investment management firm that specializes in creating investment strategies focused on the real estate, REIT, hospitality and leisure sectors. AINC seeks to grow via accretive additions to existing advised companies as well as via new investment platforms and company ownership.To further align Ashford with each of its managed platforms, the Ashford principals have significant ownership of each company.