Core Points - Ashford Hospitality Trust has signed a definitive agreement to sell the Residence Inn San Diego Sorrento Mesa for $42.0 million, equating to $280,000 per room, with the sale expected to close in October 2025 [1][3] - The sale price reflects a capitalization rate of 5.7% on net operating income when adjusted for anticipated capital expenditures of $16.0 million, or a multiple of 15.3 times Hotel EBITDA for the twelve months ending July 31, 2025 [2] - Excluding anticipated capital expenditures, the sale price represents a 7.9% capitalization rate on net operating income or a multiple of 11.1 times Hotel EBITDA for the same period [2] - The transaction aligns with the company's strategy to deleverage its portfolio and enhance shareholder value, providing increased financial flexibility [3]