Ashford Hospitality Trust

Ashford Hospitality Trust intends to finance The W Atlanta Downtown Hotel with approximately $45.4 million of non-recourse mortgage debt. Also,

Committed to maintaining corporate governance policies and practices at Ashford Trust and Ashford Inc. that best serve interests of company

Enters into agreement to convert the Crowne Plaza Beverly Hills to a Marriott Hotel and Converts eight hotels from brand-managed

Remington Lodging, which manages three other hotels in Key West, will take over property management at closing.