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Remington Hospitality

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uuid00q9bx6

Namestring
Remington Hospitality
Legal namestring
Remington Hospitality
Company typeenum
Private
Founded yearint
1968
Descriptiontext

Remington Hospitality is a Dallas-headquartered, third-party hotel management company founded in 1968 and operating as a wholly-owned subsidiary of Ashford Inc. since November 2019. The company manages over 120 hotels across 26 major brands (Marriott, Hilton, IHG, Hyatt) plus 19 independent and boutique properties, spanning 30+ U.S. states and the Caribbean and Latin America (CALA) region. With 5,001–10,000 employees and a stated portfolio intent to roughly double over five years, Remington positions itself as a performance-driven, owner-minded operator rather than a brand or REIT itself — its customers are hotel property owners, REITs, and developers seeking professional management to maximize asset value.

The company earns revenue through base and incentive management fees on third-party hotel management contracts, supplemented by centralized procurement rebates (Avendra, Hilton Supply Management, iBuy Efficient), asset management and project oversight fees, and food and beverage operating revenue at managed properties. Its wholly-owned subsidiary Premier Project Management oversees $2B+ of renovation and development projects industry-wide. Distribution is direct-to-enterprise via Chief Development Officer Keith Oltchick and a dedicated CALA business development team, complemented by channel partnerships with the four largest hotel brand families. The proprietary REMi Business Intelligence platform — built on Microsoft Power BI — consolidates property-level data (STR, P&L, payroll, procurement) into a single owner-facing reporting layer, differentiating Remington on transparency and operational analytics.

Strategic positioning centers on three vectors: (1) brand-flexible third-party management for institutional owners, (2) a CALA-led international growth push led by a dedicated regional operations and revenue team, and (3) adjacent service extensions (F&B strategy execution, meeting solutions, wellness, glamping, AV via the INSPIRE affiliate, destination services via RED Hospitality) that deepen per-property wallet share. Following the 2022 Chesapeake Hospitality combination and 2023 rebrand from Remington Hotels to Remington Hospitality, the company undertook a full C-suite refresh in 2025 (new CEO Ben Perelmuter from TPG/Aimbridge, new COO Jason Kreul, new CCO Cory Chambers) explicitly to professionalize the platform for the next phase of institutional-scale growth.

Short descriptiontext

Remington Hospitality is a Dallas-based third-party hotel management company, wholly owned by Ashford Inc., managing 120+ hotels across 26 brands and 19 independent properties in 30+ U.S. states and the Caribbean and Latin America for institutional owners, REITs, and developers.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersDallas, United States
HQ citystring
Dallas
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
hotel management services, hospitality management, third-party management, hotel asset management, resort operations
Industry2 codes
1Resort & Branded Residence Vacation Rental Management
CodeBPAJAIAEPrimaryYes
2Boutique Resorts (Small-Scale Resorts)
CodeTHAGADAJPrimaryNo
NAICS code1 code
  • Hotels (except Casino Hotels) and Motels72111
SIC code1 code
  • Hotels, Rooming Houses, Camps & Other Lodging Places7000
Product category
Hotel Management Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Hotel Management Fees
TypeManaged Services
Description

Remington Hospitality generates revenue through third-party hotel management agreements with property owners. The company manages hotels across multiple brands including Marriott, Hilton, IHG, and independent properties, earning management fees for operational services, sales, marketing, revenue management, and guest satisfaction oversight.

remingtonhospitality.com
2Asset Management Services
TypeProfessional Services
Description

Additional revenue streams from comprehensive property management including food and beverage operations, spa services, and meeting/event management at managed properties.

remingtonhospitality.com
Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Remington Hospitality is a third-party hotel management company that operates over 120 hotels across 26 brands and 19 independent/boutique properties, with nearly $1.2B in revenues under management. The company provides full-service hotel management, asset management, and food & beverage operations to property owners, REITs, and developers under direct management contracts. Its offering spans operations, sales, marketing, revenue management, food & beverage oversight, spa and wellness, and property repositioning/brand conversions for both branded and independent luxury properties.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 119% EBITDA flow through increase at Marriott DFW Airport within 12 months
+3 more records
Product overview1 text field

Remington Hospitality operates as a hotel management company managing over 120 hotels across 26 major brands and 19 independent/boutique properties, with nearly $1.2B in revenues under management. The core offering is Hotel Management Services providing comprehensive operations oversight. This is supported by REMi Business Intelligence as a proprietary reporting and analytics module powered by Microsoft Power BI. Additional value-added services include Corner Pantry (24-hour grab-and-go retail), Meeting Solutions (sustainable and hybrid meeting capabilities), Points of Distinction (property-specific signature programs), Lobby Lounges, Spas, and Fitness Facilities — all offered as integrated modules across the managed portfolio.

Product and service1 record
1Hotel Management Services
Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership10 partners
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Long-standing strategic partnership managing properties under Marriott brands including Renaissance, Courtyard, Residence Inn, Springhill Suites, Tribute Portfolio, Autograph Collection, and Luxury Collection. Remington executes brand standards while bringing proprietary operational expertise to maximize asset performance.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Strategic partnership managing Hilton-branded properties including Hilton Garden Inns, Embassy Suites, Hampton Inn, and Conrad. Remington leverages Hilton's distribution and loyalty platforms while delivering operational excellence.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Partnership managing IHG brands including Crowne Plaza, Hotel Indigo, and Candlewood Suites. Remington provides full-service management for properties seeking to maximize revenue and market position.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Partnership managing Hyatt-branded properties including Hyatt Place and supporting Hyatt's inclusive collection growth initiatives.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Premier AV provider with 30+ years operating history and five locations in US, Mexico, and Dominican Republic. Manages AV services at 50+ in-house hotels and convention centers providing integrated audio visual services including event production, hospitality AV, creative design, and technical integration.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Wellness-minded travel solution offering purified air, hypoallergenic settings, and allergy-friendly bedding. Provides cutting-edge wellness solutions including antiviral and antimicrobial room treatments for enhanced guest experiences.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Comprehensive project management provider overseeing $2B+ of renovation and development projects. Offers world-class design, FF&E and OS&E procurement, project management, ground-up construction, corporate engineering, and contracts administration. One of the largest hospitality project management providers in the industry.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Leading provider of resort services including destination services, watersports, beach and recreation operations, destination management services, and transportation. Serves premier brands including The Ritz-Carlton, Westin, and hotel REITs in North America and Caribbean.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Centralized procurement partner providing purchasing power and supply chain management across the Remington portfolio, reducing costs and ensuring consistent quality.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Procurement partner providing competitive pricing and supply chain efficiency for managed properties, part of Remington's centralized purchasing controls.

Recent move9 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Market position
Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers8 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration2 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles14 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Remington Hospitality

Hotel Management Servicesremingtonhospitality.com

Remington Hospitality is a Dallas-based third-party hotel management company, wholly owned by Ashford Inc., managing 120+ hotels across 26 brands and 19 independent properties in 30+ U.S. states and the Caribbean and Latin America for institutional owners, REITs, and developers.

What Remington Hospitality does

Remington Hospitality is a Dallas-headquartered, third-party hotel management company founded in 1968 and operating as a wholly-owned subsidiary of Ashford Inc. since November 2019. The company manages over 120 hotels across 26 major brands (Marriott, Hilton, IHG, Hyatt) plus 19 independent and boutique properties, spanning 30+ U.S. states and the Caribbean and Latin America (CALA) region. With 5,001–10,000 employees and a stated portfolio intent to roughly double over five years, Remington positions itself as a performance-driven, owner-minded operator rather than a brand or REIT itself — its customers are hotel property owners, REITs, and developers seeking professional management to maximize asset value.

The company earns revenue through base and incentive management fees on third-party hotel management contracts, supplemented by centralized procurement rebates (Avendra, Hilton Supply Management, iBuy Efficient), asset management and project oversight fees, and food and beverage operating revenue at managed properties. Its wholly-owned subsidiary Premier Project Management oversees $2B+ of renovation and development projects industry-wide. Distribution is direct-to-enterprise via Chief Development Officer Keith Oltchick and a dedicated CALA business development team, complemented by channel partnerships with the four largest hotel brand families. The proprietary REMi Business Intelligence platform — built on Microsoft Power BI — consolidates property-level data (STR, P&L, payroll, procurement) into a single owner-facing reporting layer, differentiating Remington on transparency and operational analytics.

Strategic positioning centers on three vectors: (1) brand-flexible third-party management for institutional owners, (2) a CALA-led international growth push led by a dedicated regional operations and revenue team, and (3) adjacent service extensions (F&B strategy execution, meeting solutions, wellness, glamping, AV via the INSPIRE affiliate, destination services via RED Hospitality) that deepen per-property wallet share. Following the 2022 Chesapeake Hospitality combination and 2023 rebrand from Remington Hotels to Remington Hospitality, the company undertook a full C-suite refresh in 2025 (new CEO Ben Perelmuter from TPG/Aimbridge, new COO Jason Kreul, new CCO Cory Chambers) explicitly to professionalize the platform for the next phase of institutional-scale growth.

Remington Hospitality firmographics

Firmographics
Name
Remington Hospitality
Legal name
Remington Hospitality
Website
https://remingtonhospitality.com
Company type
Private
Founded year
1968
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
Remington Hospitality is a Dallas-based third-party hotel management company, wholly owned by Ashford Inc., managing 120+ hotels across 26 brands and 19 independent properties in 30+ U.S. states and the Caribbean and Latin America for institutional owners, REITs, and developers.
Ownership category
akta.pro rank

Remington Hospitality industry classification

Industry
Product category
Hotel Management Services
NAICS
Hotels (except Casino Hotels) and Motels (72111)
SIC
Hotels, Rooming Houses, Camps & Other Lodging Places (7000)
akta.pro primary industry
Resort & Branded Residence Vacation Rental Management (BPAJAIAE)
akta.pro secondary industry
Boutique Resorts (Small-Scale Resorts) (THAGADAJ)

Keywords

  • Hotel management services
  • Hospitality management
  • Third-party management
  • Hotel asset management
  • Resort operations

Where Remington Hospitality is headquartered

Location

Headquarters

HQ city
Dallas
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Remington Hospitality business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain

Revenue model

  1. Hotel Management Fees: Remington Hospitality generates revenue through third-party hotel management agreements with property owners. The company manages hotels across multiple brands including Marriott, Hilton, IHG, and independent properties, earning management fees for operational services, sales, marketing, revenue management, and guest satisfaction oversight.
  2. Asset Management Services: Additional revenue streams from comprehensive property management including food and beverage operations, spa services, and meeting/event management at managed properties.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Remington Hospitality product offering

Product offering

Core offering

Remington Hospitality is a third-party hotel management company that operates over 120 hotels across 26 brands and 19 independent/boutique properties, with nearly $1.2B in revenues under management. The company provides full-service hotel management, asset management, and food & beverage operations to property owners, REITs, and developers under direct management contracts. Its offering spans operations, sales, marketing, revenue management, food & beverage oversight, spa and wellness, and property repositioning/brand conversions for both branded and independent luxury properties.

Product overview

Remington Hospitality operates as a hotel management company managing over 120 hotels across 26 major brands and 19 independent/boutique properties, with nearly $1.2B in revenues under management. The core offering is Hotel Management Services providing comprehensive operations oversight. This is supported by REMi Business Intelligence as a proprietary reporting and analytics module powered by Microsoft Power BI. Additional value-added services include Corner Pantry (24-hour grab-and-go retail), Meeting Solutions (sustainable and hybrid meeting capabilities), Points of Distinction (property-specific signature programs), Lobby Lounges, Spas, and Fitness Facilities — all offered as integrated modules across the managed portfolio.

Differentiator

Problem solved

Functional benefit

Products and services

  • Hotel Management Services

Quantifiable outcome

  • 119% EBITDA flow through increase at Marriott DFW Airport within 12 months
  • +3 more outcomes

Companies that use Remington Hospitality

Customer profile

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Remington Hospitality technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Remington Hospitality partnerships and signals

Strategic signal

Partnerships

Ten partnerships are on record, tiered core and minor.

  • Marriott InternationalcoreChannel Partner/ Reseller/ DistributorLong-standing strategic partnership managing properties under Marriott brands including Renaissance, Courtyard, Residence Inn, Springhill Suites, Tribute Portfolio, Autograph Collection, and Luxury Collection. Remington executes brand standards while bringing proprietary operational expertise to maximize asset performance.
  • HiltoncoreChannel Partner/ Reseller/ DistributorStrategic partnership managing Hilton-branded properties including Hilton Garden Inns, Embassy Suites, Hampton Inn, and Conrad. Remington leverages Hilton's distribution and loyalty platforms while delivering operational excellence.
  • IHG (InterContinental Hotels Group)coreChannel Partner/ Reseller/ DistributorPartnership managing IHG brands including Crowne Plaza, Hotel Indigo, and Candlewood Suites. Remington provides full-service management for properties seeking to maximize revenue and market position.
  • HyattcoreChannel Partner/ Reseller/ DistributorPartnership managing Hyatt-branded properties including Hyatt Place and supporting Hyatt's inclusive collection growth initiatives.
  • INSPIRE (Audio Visual Services)coreStrategic or Co-development PartnerPremier AV provider with 30+ years operating history and five locations in US, Mexico, and Dominican Republic. Manages AV services at 50+ in-house hotels and convention centers providing integrated audio visual services including event production, hospitality AV, creative design, and technical integration.
  • Pure WellnessminorStrategic or Co-development PartnerWellness-minded travel solution offering purified air, hypoallergenic settings, and allergy-friendly bedding. Provides cutting-edge wellness solutions including antiviral and antimicrobial room treatments for enhanced guest experiences.
  • Premier Project ManagementcoreStrategic or Co-development PartnerComprehensive project management provider overseeing $2B+ of renovation and development projects. Offers world-class design, FF&E and OS&E procurement, project management, ground-up construction, corporate engineering, and contracts administration. One of the largest hospitality project management providers in the industry.
  • RED Hospitality and LeisureminorStrategic or Co-development PartnerLeading provider of resort services including destination services, watersports, beach and recreation operations, destination management services, and transportation. Serves premier brands including The Ritz-Carlton, Westin, and hotel REITs in North America and Caribbean.
  • AvendraminorStrategic or Co-development PartnerCentralized procurement partner providing purchasing power and supply chain management across the Remington portfolio, reducing costs and ensuring consistent quality.
  • iBuy EfficientminorStrategic or Co-development PartnerProcurement partner providing competitive pricing and supply chain efficiency for managed properties, part of Remington's centralized purchasing controls.

Scale indicators8 records

Recent moves9 records

Expansion highlights5 records

Remington Hospitality competitors and assessment

Company assessment

Market position

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Remington Hospitality social profiles

Digital presence

Remington Hospitality compliance and trust

Trust signal

Compliance1 record

Remington Hospitality financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Remington Hospitality leadership team

Management profile

Number of profiles

Profiles14 records

Remington Hospitality subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Remington Hospitality funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Remington Hospitality M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Remington Hospitality

What does Remington Hospitality do?

Remington Hospitality is a third-party hotel management company that operates over 120 hotels across 26 brands and 19 independent/boutique properties, with nearly $1.2B in revenues under management. The company provides full-service hotel management, asset management, and food & beverage operations to property owners, REITs, and developers under direct management contracts. Its offering spans operations, sales, marketing, revenue management, food & beverage oversight, spa and wellness, and property repositioning/brand conversions for both branded and independent luxury properties.

Is Remington Hospitality a public or private company?

Remington Hospitality is a private company. It is classified as corporate owned and is currently operating.

When was Remington Hospitality founded?

Remington Hospitality was founded in 1968. It employs 5,001 to 10,000 people.

Where is Remington Hospitality based?

Remington Hospitality is headquartered in Dallas, United States, in the North America region.

How does Remington Hospitality make money?

Two revenue lines are on record. Hotel Management Fees are the primary driver. The others are asset Management Services.

Does Remington Hospitality have an API?

No public API is recorded for Remington Hospitality.

What industry is Remington Hospitality in?

Remington Hospitality's product category is Hotel Management Services. Its primary akta.pro industry code is BPAJAIAE, Resort & Branded Residence Vacation Rental Management, with a secondary code of THAGADAJ, Boutique Resorts (Small-Scale Resorts). Its NAICS code is 72111 and its SIC code is 7000.

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Live signals
Hospitality NetRemington Hospitality Adds Hyatt Regency Long Island to Managed PortfolioRemington Hospitality added the 358-room Hyatt Regency Long Island to its third-party managed portfolio, citing demand drivers and performance opportunities. The hotel, adjacent to a golf course and near business parks and airports, joins Remington's growing portfolio across the U.S., Caribbean, and Latin America.Hospitality NetRemington Hospitality Builds Centralized In-House Social Media Division Across PortfolioRemington Hospitality, a third-party hotel management company, has established a centralized in-house social media division that now manages end-to-end social media strategy across its portfolio of hotels. The team has generated over $3 million in attributable revenue, achieved a 37:1 return on ad spend, produced 63.7 million impressions, and grown the portfolio by 31,511 followers since launch. The article highlights successful campaigns at specific properties including La Concha Key West, Renaissance Palm Springs, and Le Méridien Fort Worth Downtown, where the strategy drove significant engagement increases and bookings during low seasons.Hospitality NetRemington Hospitality Selects Innspire's AI-Powered Guest Journey Platform for its ONE | GT HotelInnspire announced that Remington Hospitality has selected its AI-powered Guest Journey platform for ONE | GT in Grand Cayman, marking Innspire's first luxury boutique hotel installation in George Town. The deployment includes AI Concierge, AI Task Manager, and a branded mobile app integrated with Oracle OPERA Cloud PMS, Oracle Simphony POS, Alice, and OpenTable. The partnership creates one of the Caribbean's most technologically advanced AI-enabled hospitality experiences at the only Small Luxury Hotels of the World property in the Cayman Islands.Hospitality NetRemington Hospitality Expands Managed Portfolio with Addition of Sheraton Mission ValleyRemington Hospitality has taken over third-party management of the 260-room Sheraton Mission Valley San Diego, with the property scheduled for a comprehensive renovation and brand conversion to Hyatt Regency by year-end. The hotel, featuring over 10,000 square feet of meeting space, will remain operational throughout the renovation and repositioning process. The addition reflects Remington's continued growth as a third-party hotel manager focused on partnering with owners on strategic asset repositioning and value-enhancement initiatives.HotelmanagementHotel Management’s 2026 Tech TitansHotel Management magazine profiled eight technology leaders from major US hotel companies in its 2026 Tech Titans feature, highlighting their roles in driving digital transformation across the hospitality industry. The executives, representing Concord Hospitality, Remington Hospitality, BWH Hotels, Hotel Equities, Hilton, Wyndham Hotels & Resorts, Outrigger Hotels & Resorts, and Sage Hospitality Group, discussed their AI initiatives, cloud migrations, and automation strategies aimed at enhancing guest experiences and operational efficiency. Key innovations include Wyndham's Model Context Protocol integration connecting its ~8,400 properties to AI assistants, Hilton's AI Planner digital concierge, and BWH Hotels' partnership with DirectBooker for AI-powered travel planning.Hotel Investment TodayHotel executive moves: First Hospitality, Remington, Viceroy, White LodgingSeveral hotel executives have been appointed or promoted in notable moves within the hospitality industry. This includes Dave Montrose becoming COO of First Hospitality, Arash Azarbarzin moving from Highgate to CEO of Viceroy, and Travis Burns being named EVP of business development at Remington Hospitality. Additionally, Club Med and White Lodging have also made strategic executive appointments.RemingtonhospitalityCase Studies | Hospitality Management | Remington HospitalityRemington Hospitality highlights its portfolio of case studies demonstrating successful hotel repositioning and management improvements. The article details specific outcomes, including an 119% EBITDA growth at the Dallas/Fort Worth Airport Marriott and significant revenue increases at La Posada de Santa Fe Resort & Spa following operational restructuring.HotelmanagementHilton Garden Inns, other hotels appoint GMsMultiple U.S. hotel properties across various brands, including Hilton Garden Inns, Embassy Suites, Grand Hyatt, and Marriott, appointed new general managers in recent weeks as part of routine leadership changes. Management companies such as Remington Hospitality, McKibbon Hospitality, and Spire Hospitality promoted or hired executives for properties in states including Florida, Nevada, California, Texas, Arizona, and Utah. The appointments reflect internal talent development programs like Remington's Unleash Potential General Manager program, which aims to cultivate rising leadership within the company's portfolio.HotelsmagLeaning into AI can be scary, but it’s worth it for the hotel industry. Here’s why.A guest contributor, Remington Hospitality VP of analytics and business intelligence Zach Cunningham, argues that AI adoption in hospitality is driven by productivity gains that help offset wage growth and inflation pressures. He cites savings of hundreds of man-hours, predictive guest analytics, and sales insights, while noting AI still struggles without human oversight. He warns against overreliance, urging AI to empower staff rather than replace the human touch.PR NewswireAshford Reports Third Quarter 2019 ResultsAshford Inc. reported a net loss of $9.4 million for the third quarter of 2019, contrasting with a net income in the prior year period, while adjusted EBITDA and adjusted net income per share saw significant growth of 104% and 111% respectively. The company closed its acquisition of Sebago for approximately $7 million, formed Ashford Securities LLC to raise retail capital, and received stockholder approval for the acquisition of Remington Holdings' Hotel Management business.