Ashford Hospitality Trust Adds New Board Member
December 01 2008 - 4:00PM
Business Wire
Ashford Hospitality Trust, Inc. (NYSE: AHT) today announced that
Thomas E. Callahan has joined the Board of Directors, increasing
the total number of directors to eight and independent directors to
six. Mr. Callahan will serve on the Company�s audit committee. Mr.
Callahan is Co-President and Chief Executive Officer of PKF
Consulting, an international firm of management consultants,
industry specialists and appraisers who provide a full range of
services to the hospitality, real estate and tourism industries.
PKF owns the Trends in the Hotel Industry database, the oldest and
most comprehensive source of hotel financial information in the
United States. Mr. Callahan�s areas of expertise include economic,
financial, operational, management and valuation consulting for the
real estate, hospitality and related service industries. Commenting
on the announcement, Monty J. Bennett, Ashford�s Founder, President
and CEO, stated, �Tom is well-known and respected within the real
estate community. His experience in the hotel industry and his
insight will be a valuable addition to the Board.� Ashford
Hospitality Trust is a self-administered real estate investment
trust focused on investing in the hospitality industry across all
segments and at all levels of the capital structure, including
direct hotel investments, first mortgages, mezzanine loans and
sale-leaseback transactions. Additional information can be found on
the Company's web site at www.ahtreit.com.
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