Ashford Hospitality Trust to Acquire Hyatt Orange County; Increases Total Invested Capital to $570 million.
Business Wire › September 29, 2004
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Ashford Hospitality Trust to Acquire Hyatt Orange County; Increases Total Invested Capital to $570 million.
DALLAS -- Ashford Hospitality Trust, Inc. (NYSE: AHT):
Transaction Highlights: --Hyatt Orange County increases direct hotel portfolio to 33 assets totaling 5,095 rooms --Asset being delivered with $6 million renovation in progress to be completed November 2004 --After renovation, projected first year un-leveraged EBITDA yield ...See the full content of this document
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