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Ashford Prime Launches New Ashford App For Hospitality REIT Investors

DALLAS, April 15, 2014 /PRNewswire/ -- Ashford Hospitality Prime, Inc. (NYSE: AHP) (" Ashford Prime" or the "Company") announced today that it has launched the Ashford App, a new mobile app created for the hospitality REIT investor community.  The app is currently available on the iOS platform for the iPhone and iPad, with a version for Android smartphones to follow in the near future.  The Ashford App offers users the ability to quickly and concisely get up to speed with what is happening in the hospitality REIT industry from a macro level as well as review detailed information on specific companies in the sector. 

The new app is available for free download at Apple's App Store by searching "Ashford."

In today's fast-paced environment more investors are making investment decisions while on the go, accessing social media and mobile apps for relevant information on every device they have.  The Ashford App fills a gap in this speed-driven world, to inform and educate hospitality REIT investors who can now access general lodging industry statistics as well as specific information about Ashford Prime and its affiliated companies.  The influence of social media continues to grow and Ashford Prime is committed to being at the forefront of this effort to broaden communications with the investment community.  In addition to the Ashford App, investors are also encouraged to follow Chairman and Chief Executive Officer, Monty Bennett, on Twitter at   www.twitter.com/MBennettAshford or @MBennettAshford.

"Appreciating the increasing use of mobile technology by investors, we designed this app as a one-stop resource for everything associated with Ashford Hospitality Prime and its related companies as well as for the entire hospitality REIT sector," said Monty J. Bennett, Ashford Prime's Chairman and Chief Executive Officer.  "We are proud to offer the Ashford App, which is the first app of its kind for the hospitality REIT space and we hope investors find it to be a useful investment and research tool."

With the Ashford App, users will have the ability to scan market and industry indexes, find relevant stock and financial information for hospitality REITs, and access other industry data and research while also being able to access Ashford Prime-specific data including financial data, investor data, news and press releases.  The app will also allow users to receive push notifications related to Ashford Hospitality Prime and its related companies including Ashford Hospitality Trust, Inc. (NYSE: AHT), that will include news, press releases and industry information.  

Ashford Hospitality Prime is a conservatively capitalized real estate investment trust (REIT) focused on investing in high RevPAR full-service and urban select-service hotels and resorts located predominantly in domestic and international gateway markets.

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