ASHFORD HOSPITALITY PRIME, INC. (NYSE:AHP-B) Files An 8-K Completion of Acquisition or Disposition of Assets
ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS
On May 11, 2017, Ashford Hospitality Prime, Inc. (the Company)
completed the acquisition of the 80-room Hotel Yountville in
Yountville, California for $96.5 million ($1,200,000 per key),
which was previously announced on March 1, 2017. The property
will be managed by Remington Lodging and Hospitality LLC.
completed the acquisition of the 80-room Hotel Yountville in
Yountville, California for $96.5 million ($1,200,000 per key),
which was previously announced on March 1, 2017. The property
will be managed by Remington Lodging and Hospitality LLC.
ITEM 7.01 REGULATION FD DISCLOSURE
On May 11, 2017, the Company issued a press release announcing
the closing of the acquisition of the Hotel Yountville, as
further described in this Current Report on Form 8-K. A copy of
this press release is attached hereto as Exhibit 99.1.
the closing of the acquisition of the Hotel Yountville, as
further described in this Current Report on Form 8-K. A copy of
this press release is attached hereto as Exhibit 99.1.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(a) Financial Statements.>To the extent financial statements
are required to be filed with this item, such financial
statements will be filed by amendment to this Current Report on
Form 8-K not later than 71 calendar days after the date on which
this Current Report on Form 8-K is required to be filed.
are required to be filed with this item, such financial
statements will be filed by amendment to this Current Report on
Form 8-K not later than 71 calendar days after the date on which
this Current Report on Form 8-K is required to be filed.
(b) Pro Forma Financial Information. To the extent pro forma
financial information is required to be filed by this item, such
financial information will be filed by amendment to this Current
Report on Form 8-K not later than 71 calendar days after the date
on which this Current Report on Form 8-K is required to be filed.
financial information is required to be filed by this item, such
financial information will be filed by amendment to this Current
Report on Form 8-K not later than 71 calendar days after the date
on which this Current Report on Form 8-K is required to be filed.
(d) Exhibits
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Exhibit Number
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Description
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99.1
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Press release, dated May 11, 2017
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ASHFORD HOSPITALITY PRIME, INC. (NYSE:AHP-B) Recent Trading Information
ASHFORD HOSPITALITY PRIME, INC. (NYSE:AHP-B) closed its last trading session up +0.10 at 20.10 with 19,500 shares trading hands.
