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ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY FIRST QUARTER 2025 RESULTS

Core Insights - Ashford Hospitality Trust expects an occupancy rate of approximately 68% for Q1 2025, with an Average Daily Rate (ADR) of about $196, leading to a Revenue Per Available Room (RevPAR) of approximately $133, reflecting a 3.2% increase compared to Q1 2024 [1] - The Comparable RevPAR for January, February, and March 2025 increased by 3.8%, 4.3%, and 1.9% respectively compared to the same months in 2024 [2] - The company is optimistic about its RevPAR performance and attributes its success to the GRO AHT initiative, while also focusing on extending and refinancing loans [3] Financial Performance - The expected occupancy rate for Q1 2025 is 68% [1] - The Average Daily Rate (ADR) is projected at $196 [1] - The resulting RevPAR is approximately $133, marking a 3.2% increase from Q1 2024 [1] Monthly Performance Trends - January 2025 Comparable RevPAR increased by 3.8% compared to January 2024 [2] - February 2025 Comparable RevPAR saw a 4.3% increase versus February 2024 [2] - March 2025 Comparable RevPAR increased by 1.9% compared to March 2024 [2] Strategic Initiatives - The company is implementing the GRO AHT initiative, which is positively impacting both revenue and expenses [3] - There is a focus on maximizing revenues and minimizing expenses across the portfolio [3] - Progress is being made in extending and refinancing loans [3]