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Ashford Hospitality Trust Results

Ashford Hospitality Trust Provides Update on November Operating Performance

Ashford Hospitality Trust, Inc. (NYSE: AHT) reported today preliminary portfolio occupancy of 61.6% for the month of November with an average daily rate of approximately $155 resulting in RevPAR of approximately $95. This RevPAR result represents an approximate decrease of 21% versus November 2019 and is the best monthly performance versus 2019 numbers since first quarter 2020.


Ashford Hospitality Trust Results

Ashford Hospitality Trust Provides Update On Operating Performance for August 2021

Ashford Hospitality Trust, Inc. (NYSE: AHT) reported today preliminary portfolio occupancy of 61.3% for the month of August with an average daily rate (ADR) of approximately $153.69 resulting in RevPAR of approximately $94.16. This RevPAR result represents an approximate decrease of 11% versus July 2021 and an approximate decrease of 27% versus August 2019.


Ashford Hospitality Trust Results

Ashford Hospitality Trust Announces Preliminary Second Quarter 2021 Results

The Company reported today a preliminary estimated range of net loss attributable to common stockholders of approximately $(70.5) million to $(68.5) million or $(4.42) to $(4.29) per share, a preliminary estimated range of Adjusted EBITDAre of $30.3 million to $32.3 million, and a preliminary estimated range of Adjusted FFO available to common stockholders and OP unitholders of $(0.3) million to $1.7 million for the second quarter ended June 30, 2021.




Hotel Transaction Florida

The Ritz-Carlton Sarasota Sold for $171 Million

Ashford Hospitality Prime, Inc. (NYSE: AHP) on Friday announced that it has entered into a definitive agreement to acquire the 266-room Ritz-Carlton Sarasota in Sarasota, Florida for $171 million ($643,000 per key).




Hotel Development California

Ashford Prime Announces Extension Of Ground Lease At Hilton La Jolla Torrey Pines

The lease, which currently expires in 2043, will be extended by 24 years and will now expire in 2067. Through this agreement, the Company was also able to secure options to further extend the ground lease by either 10 or 20 additional years depending on the amount of capital expenditures invested in the Hotel during the term.



Hotel Transaction Maryland

SpringHill Suites Gaithersburg, MD Sold for $13.2 Million

Ashford Hospitality Trust, Inc. (NYSE: AHT) announced today that it has closed on the sale of the 162-room SpringHill Suites Gaithersburg in Gaithersburg, MD for approximately $13.2 million ($81,000 per key).