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Bram Berkowitz mainly writes in the financials bureau covering the banking sector. Prior to The Motley Fool, he wrote about and covered community and regional banks in New England for The Warren Group. Follow @BramBerko
What happened
Shares of
Ashford Hospitality Trust (NYSE:AHT) were trading 10.6% higher as of 11:20 a.m. EDT today, after the company s advisor posted an investor presentation that provided strategic updates.
So what
Ashford Hospitality Trust is a real estate investment trust (REIT) that primarily invests in upscale hotels. The company is advised by
Ashford Inc. (NYSEMKT:AINC), which also advises another REIT called
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Aimbridge Hospitality, the leading, global, third-party hotel management company, announced that Jamelia Lehn has been promoted to Senior Vice President of Belonging, Inclusion & People Strategies where she will lead and manage all of Aimbridge Hospitality s diversity and inclusion efforts.
Lehn will build momentum around Aimbridge s commitment to a culture of diversity, inclusion, belonging, and soci al responsibility at all levels within the company. She will manage the implementation of strategy, best practices, programs, initiatives, and training to achieve a more diverse and inclusive workplace. Lehn will also act as a strong voice on behalf of diversity and inclusion for Aimbridge and the industry overall, in addition to working in tandem with Aimbridge s Talent Acquisition and Learning and Development teams to integrate all diversity and inclusion efforts throughout the employment experience.
By
May 18, 2021
Remington Hotels manages the 226-room Le Pavillon Hotel in New Orleans for owner Ashford Hospitality Trust. Photo credit: Remington Hotels
(Remington Hotels)
Sloan Dean’s career has been all about playing the long game, although his version of the long game has taken much less time than most people’s. The president and CEO of Remington Hotels may be young he’s 39 but he’s already acquired more experience than many people do in an entire career.
“I’ve always tried to be very, very intentional. I’ve worked for large corporations, I’ve worked for private organizations, I ve worked for publicly traded companies, but I ve always tried to align myself with performance-based company,” he said. “If you re a high performer, you don t have to wait three years to get promoted. It may be 12 months if you’re really performing really, really well. I became CEO at 38 and who I ve worked for was part of the equation.”
Operator
Greetings. Welcome to Ashford Hospitality Trust first-quarter 2021 results conference call. [Operator instructions] Please note, this conference is being recorded. I will now turn the conference over to Jordan Jennings, investor relations for Ashford Hospitality.
Thank you. You may begin.
Jordan Jennings
Investor Relations
Good day, everyone, and welcome to today s call conference call to review the results for Ashford Hospitality Trust for the first quarter of 2021 and to update you on recent developments. On the call today will be Rob Hays, president and chief executive officer; Deric Eubanks, chief financial officer; and Jeremy Welter, chief operating officer. The results, as well as notice of the accessibility of this conference call on a listen-only basis over the Internet were distributed yesterday afternoon in a press release. At this time, let me remind you that certain statements and assumptions in this conference call contain or are based upon forward-loo