Page 7 - ஆஷ்போர்ட் விருந்தோம்பல் நம்பிக்கை இன்க் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Dallas hotel operator Ashford Hospitality gets $200 million lifeline to ‘navigate the pandemic’ The three-year loan comes from entities controlled by credit investor Oaktree Capital Management. Ashford Hospitality Trust has 103 properties, including the W and the Ritz-Carlton in Atlanta.(Ashford Hospitality) Dallas-based Ashford Hospitality Trust Inc., the firm founded by Monty Bennett that owns 103 high-end hotels, is getting a $200 million lifeline to “navigate the pandemic” while it awaits an anticipated vaccine-driven recovery in the travel industry. The company announced Monday that it has a commitment for a three-year loan from Oaktree Capital Management, with an option to increase the amount up to $350 million. Los Angeles-based Oaktree is one of the largest credit investors in the world, with $140 billion in assets under management as of Sept. 30.

United statesNatalie waltersCeoj robison haysMonty bennettHilton santa feHilton scotts valley hotel in santa cruzAshford hospitality trust incAshford incMarriott crystal gateway hotel in arlingtonHotel indigo atlantaUs small business administrationBraemar hotelsGeorgia tech universityAmerican hotelDallas based ashford hospitality trust incOaktree capital management