Ashford Inc. announced several senior management promotions and changes in executive titles at Ashford as well as the company's two advised REIT platforms, Ashford Hospitality Trust, Inc. and Ashford Hospitality Prime, Inc., effective immediately. J. Robison Hays III, formerly Ashford's Chief Strategy Officer, has been appointed Co-President & Chief Strategy Officer at Ashford. He will retain the position of Chief Strategy Officer at both Trust and Prime.

Jeremy J. Welter, formerly Executive Vice President of Asset Management for all three companies, has been appointed Co-President and Chief Operating Officer at Ashford and has been named Chief Operating Officer at both Trust and Prime. David A. Brooks, formerly Chief Operating Officer for all three companies, has been appointed to the newly created position of Chief Transaction Officer for all three companies. Mr. Brooks will continue in his role as General Counsel and Secretary for all three companies as well.

Douglas A. Kessler, formerly the President of Ashford, has been appointed to the newly created position of Senior Managing Director at Ashford. He will continue to be the Chief Executive Officer and President of Ashford Trust.