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Ashford Hospitality ( (AHT) ) has provided an announcement.
Ashford Hospitality Trust has transformed its iconic Le Pavillon Hotel in New Orleans into a Marriott Tribute Portfolio property, following a $19 million renovation. The hotel, rich in history and situated near Bourbon Street and the French Quarter, now features the reimagined Bar 1803, which pays homage to New Orleans’ vibrant culture. This strategic conversion positions the hotel for success ahead of major events like Super Bowl LIX and Mardi Gras, aiming to enhance its financial performance.
For detailed information about AHT stock, go to TipRanks’ Stock Analysis page.