Ashford Hospitality Trust Sells 79 Owned Units And The Public Space At The WorldQuest Resort In Orlando, Florida For $14.8M
Portfolio Pulse from Benzinga Newsdesk
Ashford Hospitality Trust has sold 79 owned units and the public space at the WorldQuest Resort in Orlando, Florida for $14.8 million.
August 04, 2023 | 10:39 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Ashford Hospitality Trust's sale of 79 units and public space at WorldQuest Resort could potentially improve its financial position.
The sale of assets can provide a company with liquidity, which can be used to pay down debt, reinvest in the business, or return capital to shareholders. This could potentially improve Ashford Hospitality Trust's financial position and be viewed positively by the market.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100