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Ashford Prime Reports Fourth Quarter And Year End 2014 Results

2015-02-28 06:24:27| Jewelry - Topix.net

RevPAR for all Ashford Prime hotels increased 11.0% to $161.30 during the fourth quarter, driven by a 3.8% increase in ADR and a 7.0% increase in occupancy Ashford Hospitality Prime, Inc. yesterday reported the following results and performance measures for the fourth quarter ended December 31, 2014. On November 19, 2013, the Company completed its spin-off from Ashford Hospitality Trust, Inc. , but the Company has presented its prior year financial statements in accordance with GAAP, which requires that historical carve-out financial statements be presented.

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