Ashford Trust Sells 150-Room Residence Inn San Diego for $42MM

REIT secures $42 million for Residence Inn property as San Diego hospitality sector leads California in occupancy rates Ashford Hospitality Trust Inc. (NYSE: AHT) has agreed to sell its 150-room Residence Inn San Diego Sorrento Mesa for $42 million, or $280,000 per key, in a transaction that underscores both the company's strategic deleveraging efforts and […]