Ashford news and trends

Some Smaller Public Cos Opt To Keep PPP Funds
Loans // April 26, 2020

While some of the more than 200 publicly traded companies that received funds from the Paycheck Protection Program (PPP) agreed to return the millions of dollars they received after backlash, many are keeping the money, asserting that it will be used for paying furloughed employees,...

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Texas Hotel Group To Give Back $70M In PPP Loans

May 03, 2020
Texas hospitality group Ashford Inc. is buckling under pressure and will return $70 million in Paycheck Protection Program (PPP) loan money it received due to the coronavirus pandemic, according to The New York Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — […]

Some Smaller Public Cos Opt To Keep PPP Funds

April 26, 2020
While some of the more than 200 publicly traded companies that received funds from the Paycheck Protection Program (PPP) agreed to return the millions of dollars they received after backlash,...