Ashford Hospitality Prime Rebranding to Braemar Hotels & Resorts

April 23, 2018

DALLAS, April 23, 2018 -- Braemar Hotels & Resorts, Inc. (NYSE: BHR) ("Braemar" or "the Company"), formerly Ashford Hospitality Prime, Inc. (NYSE: AHP), today announced that it will change its name from Ashford Hospitality Prime to Braemar Hotels & Resorts, trading under the New York Stock Exchange ticker symbol BHR, effective before the market opens on April 24, 2018. Rebranding Ashford Hospitality Prime to Braemar Hotels & Resorts marks a key milestone in the Company's strategy to focus exclusively on owning luxury hotels and resorts in order to capitalize on the long-term superior performance of th...