Ashford Prime to Acquire Park Hyatt Beaver Creek Resort & Spa for $145.5 Million

Ashford Hospitality Prime | March 13, 2017

DALLAS, March 13, 2017 - Acquisition Highlights: Trophy asset located slope-side in the epicenter of the picturesque mountain resort village of Beaver Creek, Colorado Unique ski-in/ski-out access to one of the world's most celebrated ski destinations, Beaver Creek Mountain Revenue per available room (RevPAR) of $270.92 for the 12 months ended January 31, 2017 Property is in excellent physical condition with limited immediate capex needs Ashford Hospitality Prime, Inc. (NYSE: AHP) ("Ashford Prime" or the "Company") today announced it has entered into a definitive agreement to acquire the 190-room Park Hyatt ...