Search Result for: ashford hospitality prime
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Ashford Prime Completes $64 Million Purchase of Ritz-Carlton St Thomas
Ashford Hospitality Prime has completed its purchase of the Ritz-Carlton St Thomas for $64 million, the company announced. Concurrent with the completion of the deal, Ashford has financed the hotel with a $42 million non-recourse mortgage loan. The property will […]
The Ritz-Carlton St Thomas Has Been Sold
The Ritz-Carlton St Thomas has a new owner. The property, which recently underwent a $22 million renovation, is being acquired by Dallas-based Ashford Hospitality Prime for $64 million from Marriott International. The deal for the 180-room hotel in the US […]
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