ASHFORD HOSPITALITY TRUST ANNOUNCES SALE OF ADDITIONAL SELECT-SERVICE HOTELS [Yahoo! Finance]
Ashford Hospitality Trust Inc (AHT)
Last ashford hospitality trust inc earnings: 2/25 04:15 pm
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ahtreit.com
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Source: Yahoo! Finance
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 sale will be used for general corporate purposes, including the pay down of the Company's strategic financing. Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing predominantly in upper upscale, full-service hotels. Forward-Looking Statements Certain statements and assumptions in this press release contain or are based upon "forward-looking" information and are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release include, among others, statements about the
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AHT
News
- ASHFORD TRUST SETS SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATESPR Newswire
- Ashford Hospitality Trust, Inc. (NYSE: AHT) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- ASHFORD HOSPITALITY TRUST ANNOUNCES SALE OF ADDITIONAL SELECT-SERVICE HOTELSPR Newswire
- ASHFORD HOSPITALITY TRUST ADDS HOTEL INDUSTRY VETERAN DAVE JOHNSON TO BOARD OF DIRECTORS [Yahoo! Finance]Yahoo! Finance
- ASHFORD HOSPITALITY TRUST ADDS HOTEL INDUSTRY VETERAN DAVE JOHNSON TO BOARD OF DIRECTORSPR Newswire
AHT
Earnings
- 5/8/24 - Miss
AHT
Sec Filings
- 6/13/24 - Form 8-K/A
- 6/13/24 - Form 8-K
- 6/3/24 - Form 8-K
- AHT's page on the SEC website