EXHIBIT 21

Subsidiaries Listing as of December 31, 2021

The following list details certain of the subsidiaries of Ashford Inc. Subsidiaries not included in the list are omitted because, in the aggregate, they are insignificant as defined by Item 601(b)(21) of Regulation S-K.

Subsidiary

Ashford Inc.

Ashford OAINC II Inc.

Ashford OAINC Inc.

Ashford Hospitality Holdings LLC

Ashford Advisors, Inc.

Ashford Hospitality Advisors LLC

Ashford Hospitality Services LLC

Premier Project Management LLC

Remington Holdings, L.P.

Remington Lodging & Hospitality, LLC

PT Holdco, LLC

Inspire Event Technologies Holdings, LLC

Inspire Event Technologies, LLC

RED Hospitality & Leisure, LLC

RED Hospitality and Leisure Key West, LLC

Ashford Lending Corporation

OpenKey, Inc.

Lismore Capital II LLC