Ashford Hospitality Trust Launches Strategic Initiative; Targets Incremental $50M Of EBITDA Improvement To Run-Rate Corporate EBITDA - Filing
Ashford Hospitality Trust Launches Strategic Initiative; Targets Incremental $50M Of EBITDA Improvement To Run-Rate Corporate EBITDA - Filing
◦Reducing professional services and other general and administrative expensesAshford is committed to achieving significant reductions in corporate overhead. Key actions include:
Ashford致力于显著降低企业开支。关键行动包括：
Substantially cutting management and board compensation while enhancing alignment with shareholders
大幅削减管理层和董事会薪酬，同时增强与股东的对齐关系
◦Negotiating to reduce advisory fees and reimbursable expenses with advisor Ashford, Inc.
◦与顾问Ashford, Inc.谈判以减少顾问费用和可报销费用
◦Reducing professional services and other general and administrative expenses
◦减少专业服务和其他一般及行政开支
Reducing payroll expense through recently completed reductions in force and upcoming changes to PTO policies
通过最近完成的裁员和即将更改的带薪休假政策来减少工资支出
◦Re-negotiating contracts and bidding out MSAs to achieve cost savings
◦重新谈判合同并招标主服务协议以实现成本节约
◦Implementing LED lighting and other energy-saving initiatives across the portfolio
◦在整个投资组合中实施LED照明和其他节能举措
◦Optimizing overtime and contract labor usage to further reduce labor costs
◦优化加班和合同工的使用，以进一步降低劳动力成本
