Ashford Restructures Hilton Deals

Ashford Hospitality Trust Inc. (NYSE: AHT) has restructured two of its joint ventures with Hilton Hotels Corp. (NYSE: HLN). Ashford has received 100 percent ownership in nine hotels and Hilton has received 100 percent ownership in two hotels. Ashford's third joint venture with Hilton concerning the Capital Hilton and the Hilton LaJolla Torrey Pines was not restructured. Hilton was recently acquired and taken private by Blackstone Group LP through a $20 billion buyout. www.ahtreit.com