Ashford Hospitality Plans to Surrender 19 Hotels to Lenders, 8 Are Located in California

By Vladimir Bosanac Dallas-based Ashford Hospitality Trust Inc. is planning to surrender 19 hotels across the country to its lenders. The company announced last week that it has decided against investing more funds into these properties, which are part of a $982 million mortgage pool that missed its repayment deadline in June. According to a […]