Workflow
Ashford Hospitality Trust(AHT)
icon
Search documents
ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY SECOND QUARTER 2024 RESULTS
Prnewswire· 2024-07-08 12:00
DALLAS, July 8, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") reported today that the Company expects to report Occupancy of approximately 75% for the second quarter of 2024 with Average Daily Rate of approximately $200 resulting in RevPAR of approximately $150. This Comparable RevPAR reflects an approximate increase of 1.4% compared to the second quarter of 2023. Additionally, for the month of April 2024, Comparable RevPAR increased approximately 3.0% v ...
ASHFORD HOSPITALITY TRUST CLOSES PREVIOUSLY ANNOUNCED SALE OF ONE OCEAN RESORT
Prnewswire· 2024-06-27 20:15
DALLAS, June 27, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has closed on the sale of the 193-room One Ocean Resort located in Atlantic Beach, Florida.  All proceeds from the sale will be used for debt reduction and general corporate purposes.  With the closing of the sale, the Company's net debt to gross assets now stands at approximately 66%, a 400 basis point reduction from the beginning of the year.  The balance on the Comp ...
ASHFORD TRUST SETS SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
Prnewswire· 2024-06-17 20:15
DALLAS, June 17, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the second quarter ended June 30, 2024.Ashford Trust plans to issue its earnings release for the second quarter after the market closes on Tuesday, July 30, 2024, and will host a conference call on Wednesday, July 31, 2024, at 11:00 a.m. ET. The number to call for this interactive teleconference is (646) 968-2525. A replay of the conf ...
ASHFORD HOSPITALITY TRUST ANNOUNCES SALE OF ADDITIONAL SELECT-SERVICE HOTELS
Prnewswire· 2024-06-13 12:00
DALLAS, June 13, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has closed on the sale of the 90-room SpringHill Suites and the 86-room Fairfield Inn located in Kennesaw, Georgia for $17.5 million.  The sale price represented a 4.8% capitalization rate on trailing 12-month net operating income through April 2024.  The hotels were encumbered with a mortgage loan that had an outstanding balance of approximately $10.8 million.  All re ...
ASHFORD HOSPITALITY TRUST ADDS HOTEL INDUSTRY VETERAN DAVE JOHNSON TO BOARD OF DIRECTORS
Prnewswire· 2024-06-10 12:00
DALLAS, June 10, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that Dave Johnson, a seasoned hospitality and real estate executive, has joined the Board of Directors as a new independent director as of the Company's recently held annual shareholder meeting. Mr. Johnson was also appointed to serve on the Board's Audit Committee as well as the Compensation Committee. "We are extremely pleased to welcome Dave to our Board of Directors," said ...
ASHFORD HOSPITALITY TRUST ANNOUNCES ADDITIONAL ASSET SALES
Prnewswire· 2024-06-03 21:15
DALLAS, June 3, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has closed on the sale of the 90-room Courtyard located in Manchester, Connecticut for $8.0 million. The property was encumbered with a mortgage loan that had an outstanding balance of approximately $5.6 million. All remaining proceeds from the sale will be used for general corporate purposes, including the pay down of the Company's strategic financing.The Company also ...
Blackwells Campaign Successfully Forces Ashford Hospitality Trust, Inc.'s Chairman Monty J. Bennett and Director Kamal Jafarnia to Resign
Newsfilter· 2024-05-15 20:00
Remaining Directors Narrowly Elected by Pitifully Low Percentages Stockholders Deliver Clear Mandate for Change NEW YORK, May 15, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital, an owner of 1,000 shares of Ashford Hospitality Trust, Inc. ("Ashford" or the "Company") (NYSE:AHT), announced today that directors Monty J. Bennett and Kamal Jafarnia failed to receive the requisite number of votes required for re-election to the Company's Board of Directors (the "Board") at the Company's 2024 annual meeting of stock ...
ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY RESULTS OF ITS 2024 ANNUAL MEETING OF STOCKHOLDERS 'ACTIVIST' BLACKWELLS EFFORTS THWARTED
Prnewswire· 2024-05-15 00:25
DALLAS, May 14, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") is pleased to report estimated preliminary results of its 2024 Annual Meeting of Stockholders and noted that Blackwells Capital LLC's ("Blackwells") attempted withhold proxy campaign had no meaningful impact on its outcome. Based on estimated preliminary results, only 7% of outstanding shares voted on the Blackwells proxy card. At today's Annual Meeting of Stockholders, based on the estimated ...
ASHFORD HOSPITALITY TRUST COMPLETES REFINANCING OF MORTGAGE LOAN FOR THE RENAISSANCE NASHVILLE
Prnewswire· 2024-05-09 22:00
DALLAS, May 9, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has closed on the refinancing of the mortgage loan for the 673-room Renaissance Hotel in Nashville, Tennessee, which had a final maturity date in March 2026.  The new, non-recourse loan totals $267.2 million, and has a two-year initial term with three one-year extension options, subject to the satisfaction of certain conditions.  The loan is interest only and provides fo ...
Ashford Hospitality Trust(AHT) - 2024 Q1 - Quarterly Report
2024-05-09 21:25
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 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 Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Se ...