Ashford Hospitality Trust Joins S&P REIT Composite Index.DALLAS -- Ashford Hospitality Trust, Inc. (NYSE NYSE See: New York Stock Exchange : AHT AHT Animal Health Trust (Suffolk, England) AHT American Hairless Terrier (dog breed) AHT After Hours Trading AHT Animal Health Technician AHT Anchor Handling Tug ) today announced that it has been added to Standard & Poor's REIT REIT See: Real Estate Investment Trust REIT See real estate investment trust (REIT). Composite Index Composite Index A grouping of equities, indexes or other factors combined in a standardized way, providing a useful statistical measure of overall market or sector performance over time. Also known simply as a "composite". . The Company was added to the index after the close of trading on October 5, 2007. Introduced in 1997, the S&P U.S. REIT Composite index measures the securitized U.S. Real Estate Investment Trust (REIT) market. Designed as a market indicator, the S&P U.S. REIT Composite contains 100 REITs selected on the basis of their market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. , public float, liquidity, trading history and financial viability, as well as market representation according to geography and property type. The S&P U.S. REIT Composite covers approximately 89% of the U.S. REIT market capitalization. Ashford Hospitality Trust is a self-administered real estate investment trust focused on investing in the hospitality industry across all segments and at all levels of the capital structure, including direct hotel investments, first mortgages, mezzanine loans and sale-leaseback transactions. Additional information can be found on the Company's web site at www.ahtreit.com. |
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