Market Exclusive

ASHFORD HOSPITALITY PRIME, INC. (NYSE:AHP) Files An 8-K Regulation FD Disclosure

ASHFORD HOSPITALITY PRIME, INC. (NYSE:AHP) Files An 8-K Regulation FD Disclosure

ITEM 7.01 REGULATION FD DISCLOSURE.

On December 12, 2016, Ashford Hospitality Prime, Inc. (the
Company) issued a press release announcing that its Board of
Directors:
a) declared a common stock dividend for the fourth quarter ending
December 31, 2016, of $0.12 per diluted share, payable January
17, 2017, for shareholders of record as of December 30, 2016; and
b) declared a dividend for the fourth quarter ending December 31,
2016, of $0.3438 per diluted share, for the Companys 5.5% Series
B Cumulative Convertible Preferred Stock. This dividend is
payable January 17, 2017, for shareholders of record as of
December 30, 2016.
A copy of the press release is attached hereto as Exhibit 99.1
and is incorporated herein by reference.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
Exhibit
Number> Exhibit Description
99.1
Press Release of the Company, dated December 12, 2016,
furnished under Item 7.01, announcing the declaration of
dividends.

About ASHFORD HOSPITALITY PRIME, INC. (NYSE:AHP)
Ashford Hospitality Prime, Inc. invests in high revenue per available room (RevPAR), luxury, upper-upscale and upscale hotels in gateway and resort locations. The Company conducts its business and owns all of its assets through its operating partnership, Ashford Hospitality Prime Limited Partnership. It operates in the direct hotel investment segment of the hotel lodging industry. It owns interest in over 15 hotels in approximately six states, the District of Columbia and St. Thomas, the United States Virgin Islands with over 3,950 total rooms, excluding those attributable to its partner. The hotels in its portfolio are located in the United States gateway and resort locations. The Company owns over 10 of its hotel properties directly, and the remaining hotel properties through an investment in a majority-owned consolidated entity. All of the hotels in the Company’s portfolio are asset-managed by Ashford Hospitality Advisors LLC. ASHFORD HOSPITALITY PRIME, INC. (NYSE:AHP) Recent Trading Information
ASHFORD HOSPITALITY PRIME, INC. (NYSE:AHP) closed its last trading session up +0.17 at 14.61 with 139,486 shares trading hands.

Exit mobile version