Ashford Hospitality Trust, Inc. (NYSE: AHT) today announced that it has closed on the sale of the 390-room Hilton Boston Back Bay in Boston, Massachusetts for $171 million ($438,000 per key).
Ashford Hospitality Trust, Inc. (NYSE: AHT) today announced that it has signed a definitive agreement to sell the 144-room Residence Inn located in Salt Lake City, Utah for $19.2 million. The sale is expected to be completed in early March and is subject to normal closing conditions.
REIT Says It Is Working With Trust Representing Three Banks to Hand Back Keys to 14 Hotels in Eight States
The conversion of this iconic Key West hotel to an Autograph Collection property will occur upon the completion of a $35 million renovation.
Comparable RevPAR for all hotels increased 6.7% to $144.25 during the quarter on a 3.8% increase in Comparable ADR and a 2.8% increase in Comparable Occupancy.
Ashford Hospitality Trust, Inc. (NYSE: AHT) reported today that the Company expects to report Occupancy of approximately 75% for the second quarter of 2023 with Average Daily Rate of approximately $191 resulting in RevPAR of approximately $144.
Ashford Hospitality Trust, Inc. (NYSE: AHT) today announced that it has successfully refinanced its mortgage loans for the 157-room La Posada de Santa Fe in Santa Fe, New Mexico, which had a final maturity date in November 2023, and the 252-room Hilton Alexandria in Alexandria, Virginia, which had a final maturity date in June 2023.
Ashford Hospitality Trust, Inc. (NYSE: AHT) reported today that the Company expects to report occupancy of approximately 68% for the fourth quarter of 2022 with an average daily rate of approximately $175 resulting in RevPAR of approximately $118.
Ashford Hospitality Trust, Inc. (NYSE: AHT) reported yesterday that the Company expects to report occupancy of approximately 71% for the third quarter of 2022 with an average daily rate (ADR) of approximately $179 resulting in RevPAR of approximately $127.
Ashford Hospitality Trust, Inc. (NYSE: AHT) reported today that the Company expects to report occupancy of approximately 73% for the second quarter of 2022 with an average daily rate of approximately $184 resulting in RevPAR of approximately $135.