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ASHFORD HOSPITALITY TRUST ANNOUNCES STRATEGIC PORTFOLIO SALES

Core Viewpoint - Ashford Hospitality Trust, Inc. has completed the sale of two properties, enhancing shareholder value and improving financial metrics [3]. Group 1: Property Sales - The company sold the Hilton Houston NASA Clear Lake for $27 million and the Residence Inn Evansville East for $6 million [1]. - The combined sale price reflects a capitalization rate of 1.3% on net operating income when adjusted for anticipated capital expenditures, or a multiple of 45.3 times Hotel EBITDA for the twelve months ended July 31, 2025 [2]. Group 2: Financial Impact - Excluding anticipated capital expenditures, the combined sale price represents a 2.0% capitalization rate on net operating income or a multiple of 28.1 times Hotel EBITDA for the twelve months ended July 31, 2025 [2]. - The sale of these non-core assets has deleveraged the platform and improved the coverage metrics of the recently extended MS 17 loan pool, increasing portfolio cash flow after debt service [3]. Group 3: Future Strategy - The company anticipates pursuing similar opportunistic sales in the coming months as part of its strategy to create shareholder value [3].