Ashford Trust Appoints Interim CFO
NOVEMBER 5, 2008. Ashford Hospitality Trust, Inc. (NYSE: AHT) today announced that due to the recent hospitalization of David Kimichik, the Company's Chief Financial Officer, Mark Nunneley, Chief Accounting Officer, has assumed the additional responsibilities of interim Chief Financial Officer.
The Company fully expects Mr. Kimichik to resume his duties as Chief Financial Officer in the near future. Out of respect for Mr. Kimichik and his family's right to privacy, the Company will refrain from further comment on his health until appropriate.
Ashford will announce its results for the third quarter ended September 30, 2008, as regularly scheduled after the market closes on Wednesday, November 5, 2008. Its regularly scheduled conference call will be held at 11:00am ET on Thursday, November 6, 2008.
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.