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ASHFORD HOSPITALITY TRUST ANNOUNCES $17 MILLION ADVISORY FEE WAIVER, SHARE PURCHASE COMMITMENT FROM ASHFORD INC. AND TERMINATION OF ATM PROGRAM

Source: PR Newswire

Company FundamentalsManagement & Governance

Ashford Inc., advisor to Ashford Hospitality Trust, agreed to waive approximately $17 million in advisory fees otherwise payable over the next six months. The release also says Ashford Inc. will purchase 2.5% of an unspecified item, but the article text is truncated before identifying it.

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