Ashford Hospitality Prime (AHP) Preliminary Q1 AFFO Tops Views
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Ashford Prime Announces Preliminary First Quarter Results
April 20, 2016 4:15 PM EDTDALLAS, April 20, 2016 /PRNewswire/ --Â Ashford Hospitality Prime, Inc. (NYSE: AHP) ("Ashford Prime" or the "Company") announced today preliminary expectations for RevPAR and Adjusted Funds from Operations ("AFFO") for the first quarter of 2016.Â
The Company expects to report RevPAR growth of approximately 2.1% for the first quarter for all hotels in the portfolio. Additionally, the Company expects to report AFFO per diluted share of approximately $0.36 to $0.40 for the first quarter.
Ashford Prime plans to issue its earnings release for the first quarter after the market closes on Wednesday, May 4, 2016,... More
