Ashford Inc. is a provider of asset management and advisory services to companies within the hospitality industry. The Company serves as the advisor to two New York Stock Exchange (NYSE) listed real estate investment trusts (REIT), which include Ashford Hospitality Trust (Ashford Trust) and Ashford Hospitality Prime (Ashford Prime). Ashford Trust is focused on investing in the hospitality industry across all segments and at all levels of the capital structure primarily within the United States. Ashford Prime's strategy is to invest in revenue per available room (RevPAR) service, and urban select-service hotels and resorts located in domestic and international gateway markets. In addition to Ashford Trust and Ashford Prime, the Company also has securities investment subsidiary called Ashford Investment Management, which is an alternative investment management firm that specializes in creating investment strategies focused on the real estate, REIT, hospitality and leisure sectors.