Comparing the current results to its competitors, Ashford Inc reported Revenue increase in the 3 quarter 2024 by 5.46 % year on year, while most of its competitors have experienced contraction in revenues by -5.52 %, achieved in the same quarter.
With revenue growth of 5.46 % within Overall company, Ashford Inc achieved improvement in market share, within Overall company to approximately 11.38 %. << More on AINC Market Share.
*Market share is calculated based on total revenue.
Braemar Hotels and Resorts Inc's business model revolves around owning and operating upscale luxury hotels and resorts, with a focus on generating revenue through room rentals, food and beverage sales, and other services offered at their properties.
Ashford Hospitality Trust Inc. operates as a real estate investment trust (REIT) that primarily invests in upscale, full-service hotels across the United States. The company generates revenue by acquiring, owning, and managing these hotels to generate income from room rentals and other hotel services. Ashford Hospitality aims to maximize shareholder value by focusing on strategic acquisitions, prudent investment decisions, and efficient property management.
Summit Hotel Properties Inc operates as a real estate investment trust (REIT) that focuses on acquiring and owning premium-branded hotels within the United States. Their business model involves acquiring hotels with strong market potential, strategically located in prime locations with high demand for accommodation. They generate revenue by leasing these properties to hotel operators, leveraging their expertise in the hospitality sector to maximize profitability for their shareholders.
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