Key Takeaways Ashford signed an agreement to sell the 150-room Residence Inn San Diego Sorrento Mesa for $42M.The deal implies a 5.7% cap rate with expected $16M capital spend, or 7.9% cap rate without the spend.CEO says the sale supports deleveraging efforts and enhances financial flexibility for AHT.Ashford Hospitality Trust (AHT) recently signed a definitive agreement to sell the 150-room Residence Inn San Diego Sorrento Mesa in San Diego, CA, for $42 million. Subject to closing conditions, the sale is e ...

Ashford Hospitality Trust, Inc. (AHT) has taken another step in its strategic plan to deleverage and optimize its portfolio. The Dallas, TX-based REIT announced a definitive agreement to sell the 242-room Hilton Houston NASA Clear Lake in Houston, TX, for $27 million. The transaction, subject to closing conditions, is expected to be completed in June 2025.The sale represents an attractive exit for Ashford, yielding a capitalization rate of 3.2% on net operating income (NOI) or 23.6X Hotel EBITDA after adjus ...

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 ☐ 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: 001-36400 ASHFORD INC. (Exact name of registrant as specified in its charter) | Nevada | 84-2331507 | | --- | --- | | (State or other jurisdiction of ...

Core Viewpoint - Ashford Hospitality Trust, Inc. (AHT) is actively addressing its strategic financing challenges and focusing on shareholder value creation through its GRO AHT initiative, which has led to significant revenue growth and a recent asset sale [2][3]. Group 1: Recent Developments - AHT has successfully sold the 315-room Courtyard Boston Downtown for $123 million, equating to $390,500 per key, which will help deleverage its BAML Highland Pool loan and reduce future capital expenditures [1]. - The company has experienced a 45.8% increase in share price over the past three months, significantly outperforming the industry, which has seen a decline of 13.5% [3]. Group 2: Strategic Initiatives - The GRO AHT initiative is expected to drive outsized EBITDA growth and enhance shareholder value as the company capitalizes on favorable market conditions [3]. - AHT's president and CEO, Stephen Zsigray, expressed optimism regarding the improved sentiment in transaction and financing markets, indicating progress in their strategic initiatives [2].

Ashford Hospitality Trust, Inc. (AHT) recently reported its preliminary results for the fourth quarter of 2024.For the fourth quarter of 2024, this Dallas, TX-based real estate investment trust (REIT) anticipates reporting an occupancy of around 66%, with average daily rate of nearly $190, resulting in revenue per available room (RevPAR) of approximately $126. This comparable RevPAR shows an estimated year-over-year growth of 3%.Moreover, comparable RevPAR increased approximately 4.5%, 0.4% and 3.8% for Oct ...

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 September 30, 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: 001-36400 ASHFORD INC. (Exact name of registrant as specified in its charter) | --- | --- | |----------- ...

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 June 30, 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: 001-36400 ASHFORD INC. (Exact name of registrant as specified in its charter) Nevada 84-2331507 (State or oth ...

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: 001-36400 ASHFORD INC. (Exact name of registrant as specified in its charter) Nevada 84-2331507 (State or ot ...

EXHIBIT 99.1 NEWS RELEASE Contact: Deric Eubanks Jordan Jennings Joe Calabrese (972) 490-9600 (972) 778-9487 (212) 827-3772 Chief Financial Officer Investor Relations Financial Relations Board ASHFORD REPORTS FIRST QUARTER 2024 RESULTS DALLAS, May 8, 2024 - Ashford Inc., an alternative asset management company with a portfolio of strategic operating businesses (NYSE American: AINC) ("Ashford" or the "Company"), today reported the following results and performance measures for the first quarter ended March 3 ...

DALLAS, April 1, 2024 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that a Special Committee of independent and disinterested directors has recommended, and its Board of Directors has approved, a plan to terminate the registration of the Company's common stock under the federal securities laws following the completion of a proposed reverse stock split transaction (the "Reverse Stock Split") immediately followed by a forward stock split transaction and to del ...