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Ashford Inc. - $AINC STOCK NEWS

Welcome to our dedicated page for Ashford news (Ticker: $AINC), a resource for investors and traders seeking the latest updates and insights on Ashford stock.

Ashford Inc. (NYSE Mkt: AINC) is a publicly traded third-party asset manager and service provider to the hospitality industry, managing over $6 billion in assets. Ashford Inc. serves as the external manager for Ashford Hospitality Prime (NYSE: AHP) and Ashford Hospitality Trust (NYSE: AHT). Ashford Hospitality Prime focuses on high RevPAR luxury, upper upscale, and upscale hotels in gateway and resort locations, whereas Ashford Hospitality Trust invests opportunistically in full-service upscale hotels with RevPAR generally less than twice the U.S. national average.

Ashford Inc. operates in various segments including Advisory, Remington, Premier, INSPIRE, RED, and OpenKey. The Advisory segment provides asset management and advisory services. Remington offers hotel management services and is the company's largest revenue generator. The INSPIRE segment offers event technology and creative communication solutions. Additionally, Ashford Inc. generates most of its revenue from the U.S. while maintaining a presence in Mexico and other countries.

Recent achievements include significant capital raises by Ashford Securities, a wholly-owned subsidiary of Ashford Inc., which has raised over $500 million within two years. The company also continues to manage high-profile broker-dealer and RIA relationships, expanding its market reach in the investment community.

Financially, Ashford Inc. faces challenges, including a stockholder deficit of $295.7 million as of September 30, 2023. However, it remains compliant with NYSE American listing standards and has a plan to regain compliance fully by June 2025. The company continues to engage with the market through regular earnings releases and conference calls, providing updates on its financial performance and strategic initiatives.

Read more about their compliance efforts and the latest earnings releases.

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Ashford Inc. announces a plan to terminate the registration of its common stock under federal securities laws through a reverse stock split, followed by a forward stock split, to delist from NYSE American. The Proposed Transaction aims to save over $2.5 million annually and reduce costs as a public reporting company.
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Ashford Inc. (AINC) announced the details for its first-quarter earnings release and conference call. The company plans to release its results on May 8, 2024, and host a conference call on May 9, 2024. Ashford is an alternative asset management company focusing on real estate and hospitality sectors.
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Ashford Inc. (AINC) announces NYSE American acceptance of compliance plan for continued listing, despite stockholders' deficit and past losses. The Company has until June 20, 2025, to regain compliance or face delisting.
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Ashford Inc. (NYSE American: AINC) announces the release of its fourth-quarter earnings on February 29, 2024, with a conference call scheduled for March 1, 2024, at 12:00 p.m. ET. The company is an alternative asset management firm providing global asset management and investment services to the real estate and hospitality sectors.
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Ashford Inc. (NYSE American: AINC) received a letter from the NYSE American notifying that the Company is not in compliance with NYSE American continued listing standards. The Company reported a stockholders' deficit of $295.7 million as of September 30, 2023, and has had losses from continuing operations and/or net losses in three of its four most recent fiscal years ended December 31, 2022. The Company must submit a plan of compliance by January 19, 2024, addressing how it intends to regain compliance with the Company Guide by June 20, 2025.
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Ashford Inc. moves its third quarter 2023 earnings release and conference call to one day earlier.
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Ashford Inc. changes date and time for third quarter earnings release and conference call.
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Ashford Inc. announces details for third-quarter earnings release and conference call
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FAQ

What is Ashford Inc.'s core business?

Ashford Inc. is a third-party asset manager and service provider to the hospitality industry, managing over $6 billion in assets.

Which companies does Ashford Inc. manage?

Ashford Inc. manages Ashford Hospitality Prime and Ashford Hospitality Trust.

What are the main business segments of Ashford Inc.?

The main business segments include Advisory, Remington, Premier, INSPIRE, RED, and OpenKey.

Where does Ashford Inc. generate most of its revenue?

Ashford Inc. generates most of its revenue from the United States.

What recent financial achievements has Ashford Inc. accomplished?

Ashford Inc. has raised over $500 million through its subsidiary Ashford Securities within two years.

Is Ashford Inc. compliant with NYSE American listing standards?

As of March 2024, Ashford Inc. is working to regain full compliance by June 2025 and remains listed on the NYSE American.

What services does the Remington segment offer?

The Remington segment provides hotel management services.

How can I get more information about Ashford Inc.'s financial performance?

Ashford Inc. regularly updates its financial performance through earnings releases and conference calls available on their website.

Has Ashford Inc. faced any financial challenges recently?

Yes, Ashford Inc. reported a stockholder deficit of $295.7 million as of September 2023 but has a compliance plan accepted by the NYSE American.

What is Ashford Securities' role within Ashford Inc.?

Ashford Securities is a wholly-owned subsidiary that manages capital raises and investment products for the Ashford group of companies.

Ashford Inc.

NYSE:AINC

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