Welcome to our dedicated page for Ashford Hospitality Tr news (Ticker: AHT), a resource for investors and traders seeking the latest updates and insights on Ashford Hospitality Tr stock.
Ashford Hospitality Trust Inc (NYSE: AHT) provides investors and hospitality professionals with essential updates through this centralized news resource. Track the REIT's latest developments including earnings announcements, property acquisitions, and strategic partnerships within the upper upscale hotel sector.
Our curated collection features official press releases and third-party analysis covering AHT's operational milestones, capital management decisions, and market positioning. Users gain immediate access to critical updates about hotel portfolio performance, brand affiliations, and revenue optimization strategies.
Key content categories include quarterly financial results, asset repositioning initiatives, leadership updates, and industry trend analyses specific to hospitality REITs. The archive serves as a historical reference for tracking the company's progress in competitive U.S. hotel markets.
Bookmark this page for streamlined access to Ashford Hospitality Trust's evolving story. Combine these verified updates with your market research to maintain informed perspectives on this specialized real estate investment trust.
Ashford Hospitality Trust, Inc. (NYSE: AHT) has completed the refinancing of the mortgage loan for the Renaissance Hotel in Nashville, Tennessee. The new $267.2 million loan has a two-year initial term with three one-year extension options. The loan is interest only with a floating interest rate of SOFR + 3.98%. Part of the refinancing includes listing the Westin Hotel in Princeton for sale to use the excess proceeds for general corporate purposes.
Ashford Hospitality Trust, Inc. (NYSE: AHT) announced preliminary first-quarter results for 2024, with estimated net income of $66.4-68.4 million, Adjusted EBITDAre of $58.5-60.5 million, and Adjusted FFO of $(14.7)-$(12.7) million. Final results will be released on May 7, 2024.
Ashford Hospitality Trust, Inc. (NYSE: AHT) announced the sale of the 85-room Hampton Inn in Lawrenceville, Georgia for $8.1 million, representing a 6.0% capitalization rate. Proceeds will be used for corporate purposes and strategic financing. The Company transferred possession of hotel properties to a court-appointed receiver. Ashford Trust is progressing on its deleveraging plan.
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