(SeaPRwire) –   DALLAS, April 9, 2026 — Ashford Hospitality Trust, Inc. (NYSE: AHT) (the “Company”) has announced the successful closing of four hotel sales and the execution of definitive agreements for the sale of two additional properties. These six transactions are part of the Company’s ongoing initiative to optimize its portfolio through strategic asset divestitures. The bulk of the proceeds will be directed toward mortgage debt reduction, and the combined transactions are anticipated to generate over $60 million in future capital expenditure savings.

“Our team is continuing to aggressively refine our hotel holdings through strategic sales,” stated Stephen Zsigray, President and Chief Executive Officer. “Our focus remains on maximizing value for shareholders, and these divestitures meet all three of our strategic goals: enhancing cash flow following debt service, notably decreasing future capital spending obligations, and lowering portfolio leverage.”

Closed Transactions

The Company has finalized the previously disclosed sales of the Hilton St. Petersburg Bayfront and La Posada de Santa Fe, along with the Hilton Alexandria Old Town and Embassy Suites by Hilton Palm Beach Gardens PGA Boulevard. These sales produced $252.5 million in gross proceeds, representing $280,000 per key.

After adjusting for $57.6 million in projected capital expenditures, the sale price reflects a 6.0% capitalization rate on net operating income or a 14.5x Hotel EBITDA multiple for the year ending December 31, 2025. Without the inclusion of the expected capital spending, the total sale price represents a 7.4% capitalization rate on net operating income or an 11.8x Hotel EBITDA multiple for the twelve-month period ending December 31, 2025.

Pending Transactions

Definitive agreements have been reached by the Company to sell the 168-room Lakeway Resort & Spa for $37.8 million ($225,000 per key) and the 150-room Embassy Suites by Hilton Dallas Near the Galleria for $17.0 million ($113,000 per key).

These transactions are projected to be finalized by May 2026, contingent upon standard closing conditions. There is no guarantee from the Company that these sales will be finalized under these conditions or at all.

Accounting for the Company’s $2.5 million in projected combined capital expenditures, the sale price indicates a 4.8% capitalization rate on net operating income or a 16.2x Hotel EBITDA multiple for the year ending December 31, 2025. Excluding the projected capital costs, the combined sale price reflects a 5.0% capitalization rate on net operating income or a 15.5x Hotel EBITDA multiple for the twelve months ending December 31, 2025.

Ashford Hospitality Trust is a real estate investment trust (REIT) that specializes in investing primarily in full-service, upper upscale hotels.

Forward-Looking Statements

Various statements and assumptions in this announcement include or are based on “forward-looking” data, provided in accordance with the safe harbor provisions of federal securities laws. Forward-looking statements can typically be identified by the use of terms such as “may,” “will,” “should,” “potential,” “intend,” “expect,” “anticipate,” “estimate,” “approximately,” “believe,” “could,” “project,” “predict,” or other comparable language. Furthermore, statements concerning the following areas are inherently forward-looking: our investment and business strategies; planned or anticipated asset acquisitions or divestitures; our forecasted operating performance; the finalization of pending deals; our capacity to restructure property-level debt; our ability to obtain the financing necessary for operations; our assessment of the competitive landscape; expected capital spending; and the effects of technology on our business and operations. These forward-looking statements are founded on our current beliefs, assumptions, and expectations regarding future results, based on all information available to us at this time. These expectations and assumptions are subject to change due to various factors and events, some of which are unknown. Should such changes occur, our financial state, business operations, liquidity, and strategic goals may differ materially from those suggested in our forward-looking statements. Investors should weigh these risks carefully when considering an investment in our securities. A more detailed discussion of these and other risks can be found in the Company’s SEC filings.

The forward-looking statements in this release are valid only as of today’s date. Investors are advised not to rely excessively on these statements. We do not intend to publicly update or revise any forward-looking statements due to new information or future circumstances, unless legally required.

SOURCE Ashford Hospitality Trust, Inc.