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When it comes to keeping tabs on the lodging industry, it’s hard to match the energy of Monty Bennett, chairman and CEO of Ashford Hospitality Trust (NYSE: AHT) and Ashford Hospitality Prime (NYSE: AHP).
In addition to overseeing more than $ 6 billion in hotel assets across all segments of the industry, Bennett is a prodigious tweeter on all issues pertaining to the companies and the hospitality sector. (You can follow Bennett on Twitter at @MBennettAshford.)
Ashford Hospitality Trust’s move (NYSE: AHT) to sell its select service hotel portfolio in order to focus on upper upscale properties has helped simplify the REIT’s strategy, according to chairman and CEO Monty Bennett.
“Our shareholders wanted clarity,” Bennett said in an interview with REIT.com. He said the decision marks a step toward creating well-defined, distinct strategies for the investment platforms operated by Ashford Inc. (NYSE: AINC), Ashford Trust’s advisor.