Business Context and Reporting Period
Company: Ashford Hospitality Trust, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: May 23, 2013
Subject: Item 8.01 Other Events - Disclosure of Social Media Channels for Material Information.
Financial Metrics
This filing does not contain financial data. No revenue, profit, cash flow, margins, debt, or liquidity metrics are reported in this document.
Material Changes
There are no material changes to financial performance or operations reported in this filing. The document serves solely to update investors on the Company's communication protocols regarding material non-public information.
Guidance, Outlook, and Management Commentary
Management Commentary: In response to recent SEC rulings regarding social media, management clarified that material financial information is announced via the investor relations website, SEC filings, press releases, and public conference calls. The Company noted that information posted on social media could be deemed material.
Designated Social Media Channel:
- Monty Bennett's Twitter feed (@MBennettAshford or www.twitter.com/MBennettAshford)
Risks and Contingencies: The filing highlights the risk that investors may miss material information if they do not monitor the designated social media channels and official disclosure outlets.
Key Facts for Investor Verification
- Verify the Company's official investor relations website for the most current list of social media channels used for disclosures.
- Monitor the designated Twitter feed (@MBennettAshford) for potential material announcements.
- Confirm that all material financial information is cross-referenced with official SEC filings and press releases.