Ashford Hospitality to Sell Hyatt Montreal for $58.3 Million

finanznachrichten.de     May 16, 2008            

Ashford Hospitality Trust, Inc. (NYSE: AHT) today announced that it has agreed to sell the Hyatt Regency Montreal in Montreal, Quebec to Pandox for $58.5 million CDN ($58.3 million U.S. based on yesterday's conversion rate). Ashford Hospitality Trust is a self-administered real estate investment... [read full story]                

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Pandox Continues to Expand in Montreal

newsblaze.com     May 16, 2008          

Pandox continues to expand in North America by acquiring Hyatt Regency Montreal for 58.5 million Canadian dollars, the equivalent of around 340 million Swedish crowns. With its 605 rooms, Hyatt Regency is one of Montreal's largest hotels. The acquisition                

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Pandox Continues to Expand in Montreal (Marketwire)

yahoo.com     May 16, 2008          

Pandox (Stockholm:PAND.ST - News ) continues to expand in North America by acquiring Hyatt Regency Montreal for 58.5 million Canadian dollars, the equivalent of around 340 million Swedish crowns. With its 605 rooms, Hyatt Regency is one of Montreal's largest hotels. The acquisition strengthens...                

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Swedish hotel property company Pandox AB acquires Hyatt Regency Montreal

tmcnet.com     May 16, 2008          

Swedish hotel property company Pandox AB said on Friday (16 May) that it has agreed to acquire Hyatt Regency Montreal from Ashford Canada Trust, an affiliate of Ashford Hospitality Trust Inc (NYSE: AHT). The purchase price is CAD58.5m. Hyatt Regency Montreal is one of Montreal's largest hotels....                

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Ashford to sell hotel to Pandox for about $58.4M (AP)

yahoo.com     May 16, 2008          

Friday May 16, 8:23 am ET Ashford Hospitality Trust to sell Hyatt Regency Montreal to Pandox for about $58.4 million DALLAS (AP) -- Real estate investment trust Ashford Hospitality Trust Inc. said Friday it will sell the Hyatt Regency Montreal to Pandox for approximately $58.4 million. The...                

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Ashford Hospitality to Sell Hyatt Montreal for $58.3 Million (Business Wire)

yahoo.com     May 16, 2008          

DALLAS----Ashford Hospitality Trust, Inc. today announced that it has agreed to sell the Hyatt Regency Montreal in Montreal, Quebec to Pandox for $58.5 million CDN . The transaction, which is under firm contract, is expected to close by the end of the second quarter of 2008, subject to customary...                

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Ashford Hospitality to sell Hyatt Montreal for $58.3M (at bizjournals.com)

yahoo.com     May 16, 2008          

Real estate investment trust Ashford Hospitality Trust Inc. said it has agreed to sell the Hyatt Regency Montreal to Pandox AB for about $58.3 million. The transaction is expected to close by the end of the second quarter, subject to customary closing conditions. The Hyatt Montreal is the only...                

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Pandox Continues to Expand in Montreal

marketwire.com     May 16, 2008          

Following the Acquisition of Hyatt Regency Montreal, the Company Now Has 1,000 Rooms in Canada's Second City STOCKHOLM, SWEDEN--(Marketwire - Pandox continues to expand in North America by acquiring Hyatt Regency Montreal for 58.5 million Canadian dollars, the equivalent of around 340 million...                

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