Ashford Hospitality Prime (AHP) Reports In-Line Q4 EPS; AFFO of $0.34/Share

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Ashford Prime Reports Fourth Quarter And Year End 2016 Results

February 22, 2017 4:16 PM EST

DALLAS, Feb. 22, 2017 /PRNewswire/ -- Ashford Hospitality Prime, Inc. (NYSE: AHP) ("Ashford Prime" or the "Company") today reported the following results and performance measures for the fourth quarter ended December 31, 2016.  The performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA are comparable assuming each of the hotel properties in the Company's hotel portfolio as of December 31, 2016 were owned as of the beginning of each of the periods presented.  Unless otherwise stated, all reported results compare the fourth quarter ended December 31, 2016, with the fourth quarter ended December 31, 2015... More