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Loews Hotels & Resorts Appoints S. Kirk Kinsell, Veteran Hospitality Executive, as New CEO

2014-12-03 06:05:40| Grocery - Topix.net

Loews Hotels & Resorts, a wholly owned-subsidiary of Loews Corporation has named S. Kirk Kinsell as President and Chief Executive Officer, effective March 2, 2015. Paul Whetsell will remain CEO until that time and will then become Vice Chairman of Loews Hotels & Resorts to ensure a smooth transition.

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Ashford Hospitality disagrees with ISS recommendation over Ashford Inc. spinoff

2014-11-06 01:15:35| Jewelry - Topix.net

The company noted that a delay in the spinoff, which is scheduled for Nov. 12 and has been in process since Feb. 27, could result in significant loss of shareholder value at Ashford Hospitality Trust as a result of REIT qualification issues, tax consequences, and lost growth potential for Ashford Inc. "We are disappointed that ISS, with an inaccurate report, has decided to support the hotel union's effort to disrupt our business and execution of our strategy to maximize shareholder value. Further, the ISS report fails to properly take into account the Board's business judgment as it relates to the timing of the spin-off, which has been in process for over eight months," Ashford Hospitality said.

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Ashford Hospitality Prime's (AHP) CEO Monty Bennett on Q3 2014 Results - Earnings Call Transcript

2014-10-31 23:24:16| Jewelry - Topix.net

Good day and welcome to the Ashford Hospitality Trust and Ashford Prime Third Quarter 2014 Conference Call. Today's conference is being recorded.

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Ashford Hospitality Trust (AHT) Set to Announce Quarterly Earnings on Thursday

2014-10-30 19:49:53| Jewelry - Topix.net

Ashford Hospitality Trust will announce its Q314 earnings results on Thursday, October 30th. Analysts expect the company to announce earnings of $0.23 per share and revenue of $212.90 million for the quarter.

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Ashford Hospitality Trust adopts governance changes ahead of Ashford Inc. spinoff

2014-10-27 18:34:42| Jewelry - Topix.net

's board of directors executed a series of actions meant to "enhance" its corporate governance practices as well as those of its For Ashford Trust, the company's bylaws were amended to establish a majority-voting standard in the election of directors in uncontested elections, subject to approval of a similar amendment to the company's charter at the 2015 annual shareholders meeting; to permit shareholders to amend bylaws; and to reduce the threshold to call a special shareholder meeting to 35% from 50% of the outstanding common stock, following the company's 2015 shareholders meeting.

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