Ashford Prime To Ring Closing Bell At The New York Stock Exchange
DALLAS, June 3, 2014 /PRNewswire/ -- Ashford Hospitality Prime, Inc. (NYSE: AHP) ("Ashford Prime" or the "Company") announced that today, Tuesday, June 3, 2014, members of its senior executive team and Board of Directors will ring the Closing Bell® at the New York Stock Exchange ("NYSE") to commemorate the Company's recent listing on the NYSE. Ashford Prime shares began trading on the NYSE on November 20, 2013 under the symbol "AHP".
"Ashford Prime is proud to ring the closing bell on behalf of our investors and all of our supporters, in recognition of our recent listing on the New York Stock Exchange," said Monty J. Bennett, Ashford Prime's Chairman and Chief Executive Officer. "This is an important milestone for the Company. We look forward to a great future on the exchange and continuing our success as we build out Ashford Prime's portfolio with high RevPAR hotels in gateway and resort markets."
The Closing Bell will ring at 3:56 p.m. Eastern time and can be viewed on the NYSE's website at http://new.livestream.com/NYSEeuronext. Photos and video of the NYSE Bell Ringing Ceremony will be available, courtesy of the NYSE, on Facebook (NYSE Euronext); Twitter (@NYSEEuronext) and on the NYSE YouTube Channel -- nysetv1.
Ashford Hospitality Prime is a conservatively capitalized real estate investment trust (REIT) focused on investing in high RevPAR full-service and urban select-service hotels and resorts located predominantly in domestic and international gateway markets.
Follow Chairman and CEO Monty Bennett on Twitter at www.twitter.com/MBennettAshford or @MBennettAshford.
Ashford has created an Ashford App for the hospitality REIT investor community. The Ashford App is available for free download at Apple's App Store by searching "Ashford."
Certain statements and assumptions in this press release contain or are based upon "forward-looking" information and are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties. When we use the words "will likely result," "may," "anticipate," "estimate," "should," "expect," "believe," "intend," or similar expressions, we intend to identify forward-looking statements. Such statements are subject to numerous assumptions and uncertainties, many of which are outside Ashford Prime's control.
These forward-looking statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated, including, without limitation: general volatility of the capital markets and the market price of our common stock; changes in our business or investment strategy; availability, terms and deployment of capital; availability of qualified personnel; changes in our industry and the market in which we operate, interest rates or the general economy; and the degree and nature of our competition. These and other risk factors are more fully discussed in Ashford Prime's filings with the Securities and Exchange Commission.
The forward-looking statements included in this press release are only made as of the date of this press release. Investors should not place undue reliance on these forward-looking statements. We are not obligated to publicly update or revise any forward-looking statements, whether as a result of new information, future events or circumstances, changes in expectations or otherwise.
SOURCE Ashford Hospitality Prime, Inc.
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