ASHFORD HOSPITALITY TRUST ANNOUNCES APPROVED REDUCTION IN BOARD AND MANAGEMENT COMPENSATION
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Ashford Hospitality Trust (NYSE: AHT) has announced a reduction in board and management compensation as part of its 'GRO AHT' initiative, aiming to improve EBITDA by $50 million annually and enhance shareholder value.
February 27, 2025 | 11:45 pm
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Ashford Hospitality Trust has approved a reduction in board and management compensation as part of its 'GRO AHT' initiative, targeting a $50 million annual EBITDA improvement.
The reduction in compensation is part of a strategic initiative to improve financial performance and shareholder value, which is likely to be viewed positively by investors, potentially boosting the stock price.
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