Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the second quarter ended June 30, 2024.
Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has closed on the sale of the 90-room SpringHill Suites and the 86-room Fairfield Inn located in Kennesaw, Georgia for $17.5 million. The sale price represented a 4.8% capitalization rate on trailing 12-month net operating income through April 2024. The hotels were encumbered with a mortgage loan that had an outstanding balance of approximately $10.8 million. All remaining proceeds from the sal
Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that Dave Johnson, a seasoned hospitality and real estate executive, has joined the Board of Directors as a new independent director as of the Company's recently held annual shareholder meeting. Mr. Johnson was also appointed to serve on the Board's Audit Committee as well as the Compensation Committee.