DALLAS, April 16, 2025 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") reported today that the Company expects to report Occupancy of approximately 68% for the first quarter of 2025 with Average Daily Rate of approximately $196 resulting in RevPAR of approximately $133. This Comparable RevPAR reflects an approximate increase of 3.2% compared to the first quarter of 2024.Additionally, for the month of January 2025, Comparable RevPAR increased approximately 3.8% ...

Occupancy and Performance Metrics - Ashford Hospitality Trust, Inc. announced preliminary estimated occupancy for Q1 2025[5] - The average daily rate (ADR) for Q1 2025 was reported, indicating performance trends[5] - Revenue per available room (RevPAR) results for Q1 2025 were disclosed, reflecting operational efficiency[5]

DALLAS, April 14, 2025 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has successfully extended its Morgan Stanley Pool mortgage loan secured by 17 hotels. The loan had an original final maturity date in November of 2024. The extension provides for an initial maturity in March of 2026 and two, one-year extension options, subject to the satisfaction of certain conditions, with a final maturity date in March of 2028.  The loan has a curre ...

DALLAS, April 10, 2025 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors (the "Board") declared a dividend of $0.5281 per diluted share for the Company's 8.45% Series D Cumulative Preferred Stock for the second quarter ending June 30, 2025. The dividend is payable on July 15, 2025, to stockholders of record as of June 30, 2025. The Board declared a dividend of $0.4609 per diluted share for the Company's 7.375% Series F ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to __________ Commission file number: 001-31775 ASHFORD HOSPITALITY TRUST, INC. (Exact name of registrant as specified in its charter) | Maryland | | 86-1062192 | ...

Core Points - Ashford Hospitality Trust, Inc. will release its first quarter results for the period ending March 31, 2025, after market close on May 6, 2025 [1][2] - A conference call to discuss the earnings will be held on May 7, 2025, at 11:00 a.m. ET, with a call-in number provided for participants [2] - The conference call will be available for live broadcast on the company's website, and a replay will be accessible for approximately one year [3] Company Overview - Ashford Hospitality Trust is a real estate investment trust (REIT) that primarily invests in upper upscale, full-service hotels [3]

Core Insights - Ashford Hospitality Trust is implementing strategic cost reductions through its property manager Remington to enhance Hotel EBITDA, aiming for a $50 million annual run-rate EBITDA improvement [1][2][3] - The expense reductions are projected to generate over $11 million in incremental Hotel EBITDA, contributing to a total of over $30 million per year in incremental EBITDA from various initiatives [2][3] - The company's strategic vision focuses on optimizing performance and creating long-term shareholder value, with ongoing partnerships with property managers and advisors [3][4]

DALLAS, March 12, 2025 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced reductions in corporate administrative and general expenses as part of its ongoing efforts to enhance EBITDA and improve financial performance. This strategic move is a key component of "GRO AHT," the Company's transformative initiative designed to drive $50 million in annual run-rate EBITDA improvement and significantly increase shareholder value.The Company's advisor, Ashfo ...

DALLAS, Feb. 27, 2025 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that the Board of Directors has approved significant reductions to board and management compensation as part of its broader "GRO AHT" initiative. As announced in December 2024, "GRO AHT" is a transformative strategic initiative designed to drive $50 million in annual run-rate EBITDA improvement and significantly improve shareholder value. Compensation for board members was red ...

Financial Data and Key Metrics Changes - For Q4 2024, the company reported a net loss attributable to common stockholders of $131.1 million or $23.83 per diluted share, compared to a net loss of $82.5 million or $17.54 per diluted share for the full year [24] - Adjusted EBITDAre for Q4 was $45.2 million and $235.9 million for the full year [24] - The company ended the quarter with cash and cash equivalents of $112.9 million and restricted cash of $107.6 million [31] Business Line Data and Key Metrics Changes - Comparable RevPAR growth was 3.1% for Q4, with total revenue growth of 4.6% and hotel EBITDA growth of 6.2% [8] - Group room revenue increased by 5% over the prior year period, with a notable 22% increase at Embassy Suites Crystal City [35][38] - The La Concha Hotel conversion is expected to achieve a 20% to 30% RevPAR premium, while La Pavillion Hotel is already exceeding expectations with over 45% year-over-year revenue growth in January [11][13] Market Data and Key Metrics Changes - The company noted strong demand across key markets, with group dynamics and corporate transient demand improving [35] - The transaction environment is showing signs of improvement, with a 6.9% trailing cap rate indicating the intrinsic value of the portfolio [16] Company Strategy and Development Direction - The company is focused on the "Grow AHT" initiative aimed at driving EBITDA growth and improving shareholder value through G&A reduction, revenue maximization, and operational efficiency [18][21] - The company plans to execute several capital expenditures in 2025, with an expected spend between $95 million and $115 million to enhance the portfolio [53] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the increasingly attractive industry fundamentals and limited supply growth in the coming years [22] - The company is confident in its ability to unlock additional value and enhance shareholder returns through disciplined cost control and aggressive revenue strategies [21][50] Other Important Information - The company completed a one-for-ten reverse stock split, resulting in approximately 5.8 million fully diluted shares outstanding [33] - The Series J and Series K non-traded preferred stock offering is expected to close on March 31, 2025, having raised approximately $195 million since its launch [33] Q&A Session Summary Question: Can you quantify the benefits seen from the Grow initiative and the ramp period? - Management indicated that more than half of the initiatives are fully rolled out, with positive impacts already observed, and they remain optimistic about continued performance improvements throughout 2025 [56][57] Question: Are the converted assets stabilized, and what are the opportunities for further conversions? - Management noted that both converted hotels are outperforming expectations, with La Pavillion showing strong performance even after accounting for Super Bowl impacts, indicating additional runway for stabilization [60][62] Question: What is the current state of the transaction environment? - Management observed improvements in the financing market, leading to optimism for better transaction conditions in 2025, while remaining disciplined in their approach to asset sales [66] Question: Can you clarify the floating rate exposure and future plans regarding it? - Management explained that the increase in floating rate exposure is due to interest rate caps expiring and indicated a preference for a mix of fixed and floating rates, with a tendency towards more floating [70]