Ashford announced that Jeremy Welter, its president and COO, will be leaving the company.
Welter’s position as COO of Ashford Hospitality Trust and Braemar Hotels & Resorts will also end effective July 15, 2022.
Welter oversaw the asset management, capital management and acquisition underwriting functions for Ashford Trust and Braemar Hotels as well as the operations of Ashford, including both its asset management advisory business and its hospitality products and service business.
Welter was responsible for the growth of Ashford's products and services line of business through strategic acquisitions and investments in businesses that are engaged in providing hospitality products and services and developing and overseeing their operations and growth. He has led the acquisition of or investment in OpenKey, J&S Audio Visual, Lismore Capital, Kalibri Labs, PURE Rooms and RED Hospitality and Leisure.
He previously served as the executive vic
