Ashford Hospitality Trust filings document the reporting obligations of a Maryland hotel REIT with direct investments in upper upscale, full-service hotels. Its 8-K filings record completed hotel dispositions, related pro forma financial information, material agreements with its operating partnership, Ashford TRS Corporation and Ashford-affiliated advisor, and capital-structure matters involving common stock and Series D, F, G, H, I, J, K, L and M preferred stock.
Proxy statements cover board elections, executive compensation, shareholder voting matters and governance practices. Other filings address preferred-stock valuation disclosures, operating and financial results, and the advisory framework that connects the company, Ashford Hospitality Limited Partnership, Ashford TRS Corporation, Ashford Inc. and Ashford Hospitality Advisors LLC.
Ashford Hospitality Trust completed the sale of the Silversmith Hotel Chicago Downtown through its subsidiary for $16 million in cash, subject to customary adjustments. Exhibit 99.1 shows total consideration of about $15.9 million in cash net of selling expenses, with approximately $15.0 million paid to the mortgage lender on a loan secured by 18 hotels including this property.
The unaudited pro forma financial information removes Silversmith Chicago’s assets, liabilities and results, including a non‑recurring loss on the disposition. For the year ended December 31, 2025, pro forma net loss attributable to common stockholders narrows from $215.0 million to $212.9 million, and for the three months ended March 31, 2026 from $71.1 million to $67.0 million. The company notes these pro forma figures are preliminary and for informational purposes only.
Ashford Hospitality Trust, Inc. registers 11,200,000 shares of Series L Redeemable Preferred Stock and 4,800,000 shares of Series M Redeemable Preferred Stock. The Supplement to the February 7, 2025 prospectus (Prospectus) dated May 28, 2026 updates that registration and attaches the Company's Form 8-K filed May 28, 2026.
The Form 8-K included in the Supplement discloses the sale of the Sheraton Indianapolis City Centre Hotel completed on May 21, 2026 for a gross purchase price of $32.1 million, subject to purchaser credits of $15.2 million, customary pro-rations and adjustments, and incorporates unaudited pro forma financial information as Exhibit 99.1.
Ashford Hospitality Trust, Inc. completed the sale of the 378-room Sheraton Indianapolis City Centre Hotel. The Agreement of Purchase and Sale provided for a gross purchase price of approximately $32.1 million in cash, subject to purchaser credits of about $15.2 million, customary prorations and adjustments.
Exhibit 99.1 shows that the company received total consideration of approximately $16.5 million in cash, net of buyer credits and selling expenses, and paid roughly $14.6 million to the mortgage lender on a loan secured by nine hotels, including this property. Unaudited pro forma financial information illustrates the effect of removing Sheraton Indianapolis from Ashford’s balance sheet and results. For the year ended December 31, 2025, pro forma net loss attributable to common stockholders improves from $215.0 million historically to about $212.1 million, and for the three months ended March 31, 2026, from about $71.1 million to $60.7 million.
Ashford Hospitality Trust registers 11,200,000 Series L and 4,800,000 Series M Redeemable Preferred Stock. The Supplement states a liquidation preference of $25.00 per share for the preferred issues and is filed as Prospectus Supplement No. 29 dated May 22, 2026.
The Supplement attaches a Form 8-K that discloses the completed sale of the Lakeway Resort and Spa for $37.75 million in cash and includes unaudited pro forma financial information for the periods ending March 31, 2026 and December 31, 2025 in Exhibit 99.1.
Ashford Hospitality Trust has sold the 168-room Lakeway Resort and Spa in Austin, Texas, removing this hotel from its portfolio and updating its financials on a pro forma basis. An indirect subsidiary completed the sale for $37.75 million in cash, with total consideration of approximately $37.2 million net of selling expenses and working capital. The company used about $36.3 million of the proceeds to repay a mortgage loan secured by 16 hotels, modestly reducing indebtedness. Pro forma statements show the 2025 net loss attributable to common stockholders improving from $215.0 million to $198.1 million and basic loss per share improving from $35.99 to $33.16. For the three months ended March 31, 2026, the pro forma basic loss per share improves from $11.03 to $10.90, reflecting the non-recurring gain on the sale and removal of Lakeway’s operations.
Ashford Hospitality Trust, Inc. reported results from its Annual Meeting held on May 12, 2026. Of 6,476,491 common shares outstanding as of March 16, 2026, 3,795,002 shares, or about 59% of eligible shares, were represented.
None of the six director nominees received a majority of votes cast, so they were not elected under the company’s majority-vote standard. Each tendered a resignation under the Corporate Governance Guidelines, but the board, following a recommendation from its Nominating and Corporate Governance Committee, declined to accept the resignations, and all directors will continue to serve.
Stockholders did not approve the advisory vote on executive compensation and did not approve Amendment No. 6 to the 2021 Stock Incentive Plan. Stockholders did approve the ratification of BDO USA, P.C. as independent auditors for the fiscal year ending December 31, 2026.
Ashford Hospitality Trust reported a weak first quarter of 2026 with mounting financial strain. Total revenue was $267.7 million, slightly below $277.4 million a year earlier, while net income swung to a much larger loss of $65.5 million versus $22.2 million.
Results were heavily affected by $112.6 million of impairment charges on nine hotels, partly offset by $100.0 million of gains on property sales and $7.8 million of gains on derecognition of assets. The company generated $29.5 million of operating cash flow and $197.1 million from asset sales but used $222.0 million in financing cash flows, mainly to repay debt.
Ashford ended the quarter with $79.8 million of cash and $141.2 million of restricted cash, $2.6 billion of total assets and $3.0 billion of liabilities, resulting in a stockholders’ deficit of $695.2 million. Management disclosed substantial doubt about the company’s ability to continue as a going concern, citing $1.9 billion of non‑recourse loans maturing within one year and potential advisory termination fees. Preferred dividends, including on Series D, F, G, H, I, J, K, L and M shares, have been suspended and are accruing in arrears.
Ashford Hospitality Trust, Inc. filed a Prospectus Supplement registering 11,200,000 shares of Series L Redeemable Preferred Stock and 4,800,000 shares of Series M Redeemable Preferred Stock with a stated liquidation preference of $25.00 per share. The Supplement incorporates a Form 8-K that discloses the $17 million cash sale of the 150-room Embassy Suites by Hilton Dallas Near the Galleria on May 6, 2026, pursuant to an agreement dated March 26, 2026. The Supplement updates and supplements the Prospectus dated February 7, 2025, and notes liquidity and rating risks for the Preferred Stock.
Ashford Hospitality Trust completed the sale of the 150-room Embassy Suites by Hilton Dallas Near the Galleria on May 6, 2026. The property was sold for $17 million in cash, or about $16.6 million net after selling expenses, and the company paid roughly $16.0 million to the mortgage lender.
Unaudited pro forma figures for 2025 remove this hotel from the consolidated results and include a preliminary non-recurring gain from the sale. On this basis, net loss attributable to common stockholders improves from $215.0 million to $207.5 million, and basic loss per share narrows from $35.99 to $34.73.
Ashford Hospitality Trust reported mixed first‑quarter 2026 results, combining modest operating gains with heavy leverage and continued pressure on equity and preferred holders. Comparable RevPAR rose 3.3% to $135.63 on higher rates and occupancy, and comparable Hotel EBITDA increased 5.2% to $73.2 million, indicating better hotel-level profitability.
Despite this, the company posted a net loss attributable to common stockholders of $71.1 million, or $11.03 per diluted share, driven in part by $112.6 million of impairment charges. Adjusted EBITDAre was $51.7 million, and adjusted FFO was near breakeven. Ashford ended the quarter with $79.8 million of cash and $141.2 million of restricted cash, against $2.4 billion of loans at a blended 7.9% interest rate, with 94% floating.
The company is actively shrinking and reshaping its portfolio, closing seven hotel sales for $296.5 million in gross proceeds and signing definitive agreements to sell six more hotels for $154.6 million, which also reduce anticipated capital expenditures. However, management reiterated that, given tight refinancing conditions and the need to address near‑term loan maturities, it does not anticipate resuming preferred dividends or redemptions in the near term, and common dividends remain suspended.