DALLAS, April 29, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has closed on the sale of the 85-room Hampton Inn in Lawrenceville, Georgia for $8.1 million ($95,300 per key).  The sale price represented a 6.0% capitalization rate on trailing 12-month net operating income through March 2024.  All of the net proceeds from the sale will be used for general corporate purposes including paying down the Company's strategic financing. T ...

DALLAS, April 18, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that Rob Hays, the current President and Chief Executive Officer of Ashford Trust, will be stepping down effective June 30, 2024 after nearly 20 years of dedicated service to the Company. The Company's current Senior Vice President of Corporate Finance & Strategy, Stephen Zsigray, will succeed him at that time to become Ashford Trust's President and Chief Executive Officer. M ...

DALLAS, April 10, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has closed on the sale of the 390-room Hilton Boston Back Bay in Boston, Massachusetts for $171 million ($438,000 per key).  All of the proceeds from the sale were used for debt reduction including approximately $68 million to pay down the Company's strategic financing. "We are pleased to announce the closing of the sale of the Hilton Boston Back Bay for a very attrac ...

DALLAS, April 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 67% for the first quarter of 2024 with Average Daily Rate of approximately $191 resulting in RevPAR of approximately $128. This Comparable RevPAR reflects an approximate decrease of 1% compared to the first quarter of 2023.  Additionally, for the month of January 2024, Comparable RevPAR increased approximately 2.1% v ...

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, 2023 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) 86-1062192 (IRS employer id ...

DALLAS, March 11, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has closed on the sale of the 144-room Residence Inn located in Salt Lake City, Utah (the "Hotel") for $19.2 million.  When adjusted for the Company's anticipated capital expenditures, the sale price represented a 4.6% capitalization rate on 2023 net operating income, or 18.2x 2023 Hotel EBITDA.  Excluding the anticipated capital spend, the sale price represented a 6. ...

Ashford Hospitality Trust, Inc. (NYSE:AHT) Q4 2023 Earnings Conference Call February 29, 2024 11:00 AM ET Company Participants Jordan Jennings – Director-Investor Relations Rob Hays – President and Chief Executive Officer Deric Eubanks – Chief Financial Officer Chris Nixon – Executive Vice President and Head-Asset Management Conference Call Participants Jonathan Jenkins – Oppenheimer Michael Bellisario – Baird Bryan Maher – B. Riley Securities Operator Hello, and welcome to Ashford Hospitality Trust Fourth ...

Ashford Hospitality Trust (AHT) reported $319.88 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 0.8%. EPS of -$0.36 for the same period compares to -$1.75 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $319.82 million, representing a surprise of +0.02%. The company delivered an EPS surprise of -12.50%, with the consensus EPS estimate being -$0.32.While investors closely watch year-over-year changes in headline numbers -- revenue ...

Analysts on Wall Street project that Ashford Hospitality Trust (AHT) will announce quarterly loss of $0.32 per share in its forthcoming report, representing a decline of 300% year over year. Revenues are projected to reach $319.82 million, increasing 0.7% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's ...

DALLAS, Feb. 26, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today provided an update on its previously announced plan to pay off its strategic financing which has a final maturity date in January 2026. This plan includes raising capital through a combination of asset sales, mortgage debt refinancings, and its non-traded preferred capital offering. The Company currently has three assets under Purchase and Sale Agreements (including the recently announc ...