Ashford trust enters into deal to convert crowne plaza la concha key west to marriott's autograph collection

Ashford trust announces agreement to convert crowne plaza la concha key west to marriott's autograph collection.ashford hospitality trust- agreement with marriott calls for hotel to be converted to an autograph by july 1, 2022, pursuant to a conversion pip.ashford hospitality trust - pip is currently estimated to be $13.7 million, approximately $7.8 million of which is incremental.ashford hospitality trust inc - believes that post-conversion, new autograph property should realize a revpar premium to current hotel.ashford hospitality trust - post-conversion, new autograph property's incremental investment should yield about 19% unlevered internal rate of return.
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