Ashford Hospitality Trust Completes Strategic Sales of Two Hotels for $33 Million
Dallas, August 25, 2025 - Ashford Hospitality Trust, Inc. $(AHT)$ has announced the successful completion of strategic portfolio sales, including the Hilton Houston NASA Clear Lake in Houston, Texas, sold for $27 million, and the Residence Inn Evansville East in Evansville, Indiana, sold for $6 million. The sales are part of the company's ongoing strategy to enhance shareholder value by focusing on core assets and deleveraging their platform. The transactions reflect a capitalization rate of 1.3% on net operating income, adjusted for anticipated capital expenditures, or a 2.0% capitalization rate excluding these expenditures. This move aligns with Ashford's aim to improve loan coverage metrics and increase portfolio cash flow after debt service. Further opportunistic sales are anticipated in the coming months.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ashford Hospitality Trust Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001232582-25-000131), on August 25, 2025, and is solely responsible for the information contained therein.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。