Ashford Hospitality Trust, Inc. (N:AHT)
Business Focus: N/A
May 02, 2024 08:39 am ET
Blackwells Files Definitive Proxy Statement for Ashford Hospitality Trust, Inc.’s 2024 Annual Meeting
Blackwells Capital LLC and Blackwells Onshore I LLC (together, “Blackwells”) collectively own 1,000 shares of Ashford Hospitality Trust, Inc. (“Ashford” or the “Company”) (NYSE: AHT) and have filed a definitive proxy statement with the U.S....
Apr 30, 2024 06:40 pm ET
ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY FIRST QUARTER RESULTS FOR 2024
DALLAS, April 30, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced its preliminary expectations for net income attributable to common stockholders, Adjusted EBITDAre, and Adjusted FFO for the first quarter ended March 31, 2024.
Apr 29, 2024 08:00 am ET
ASHFORD HOSPITALITY TRUST PROVIDES UPDATE ON ASSET SALES AND DELEVERAGING PLAN
DALLAS, April 29, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has closed on the sale of the 85-room Hampton Inn in Lawrenceville, Georgia for $8.1 million ($95,300 per key). The sale price represented a 6.0% capitalization rate on trailing 12-month net operating income through March 2024. All of the net proceeds from the sale will be used for general corporate purposes including paying down the Company's strategic financing.
Apr 10, 2024 06:05 pm ET
ASHFORD HOSPITALITY TRUST ANNOUNCES PROGRESS IN PLAN TO PAY OFF STRATEGIC FINANCING WITH CLOSING OF SALE OF THE HILTON BOSTON BACK BAY
DALLAS, April 10, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") 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). All of the proceeds from the sale were used for debt reduction including approximately $68 million to pay down the Company's strategic financing.
Apr 10, 2024 08:00 am ET
ASHFORD TRUST DECLARES PREFERRED DIVIDENDS FOR THE SECOND QUARTER OF 2024
DALLAS, April 10, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors (the "Board") declared a dividend of $0.5281 per diluted share for the Company's 8.45% Series D Cumulative Preferred Stock for the second quarter ending June 30, 2024. The dividend is payable on July 15, 2024, to stockholders of record as of June 28, 2024.
Apr 08, 2024 04:20 pm ET
ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY FIRST QUARTER 2024 RESULTS
DALLAS, April 8, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") reported today that the Company expects to report Occupancy of approximately 67% for the first quarter of 2024 with Average Daily Rate of approximately $191 resulting in RevPAR of approximately $128. This Comparable RevPAR reflects an approximate decrease of 1% compared to the first quarter of 2023.
Mar 26, 2024 02:30 pm ET
ASHFORD TRUST SETS FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS, March 26, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2024.
Feb 26, 2024 07:00 am ET
ASHFORD HOSPITALITY TRUST PROVIDES UPDATE ON PLAN TO PAY OFF STRATEGIC FINANCING
DALLAS, Feb. 26, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today provided an update on its previously announced plan to pay off its strategic financing which has a final maturity date in January 2026. This plan includes raising capital through a combination of asset sales, mortgage debt refinancings, and its non-traded preferred capital offering.
Feb 16, 2024 07:00 am ET
ASHFORD HOSPITALITY TRUST ANNOUNCES PROGRESS IN DELEVERAGING PLAN WITH AGREEMENT TO SELL THE RESIDENCE INN SALT LAKE CITY
DALLAS, Feb. 16, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has signed a definitive agreement to sell the 144-room Residence Inn located in Salt Lake City, Utah (the "Hotel") for $19.2 million. The sale is expected to be completed in early March and is subject to normal closing conditions. The Company provides no assurances that the sale will be completed on these terms or at all. When adjusted for the Company's anticipated capital expenditures, the sale price represents a 4.6% capitalization rate on 2023 net op
Feb 15, 2024 07:00 am ET
ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY FOURTH QUARTER AND YEAR END RESULTS FOR 2023
January Comparable RevPAR Increased 1.5% Over the Prior Year
Jan 31, 2024 07:00 am ET
ASHFORD HOSPITALITY TRUST PROVIDES UPDATE ON PLAN TO PAY OFF STRATEGIC FINANCING
DALLAS, Jan. 31, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today provided an update on its plan to pay off its strategic financing which has a final maturity date in January 2026. This plan includes raising sufficient capital through a combination of asset sales, mortgage debt refinancings, and non-traded preferred capital raising.
Jan 25, 2024 03:30 pm ET
ASHFORD HOSPITALITY TRUST ANNOUNCES TAX REPORTING INFORMATION FOR 2023 PREFERRED SHARE DISTRIBUTIONS
DALLAS, Jan. 25, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced the tax reporting (Federal Form 1099-DIV) information for the 2023 distributions on its Series D, F, G, H, I, J and K preferred shares.
Jan 09, 2024 04:05 pm ET
ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY FOURTH QUARTER 2023 RESULTS
DALLAS, Jan. 9, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") reported today that the Company expects to report Occupancy of approximately 66% for the fourth quarter of 2023 with Average Daily Rate of approximately $182 resulting in RevPAR of approximately $120. This Comparable RevPAR reflects an approximate increase of 1% compared to the fourth quarter of 2022.
Jan 08, 2024 03:20 pm ET
ASHFORD TRUST DECLARES PREFERRED DIVIDENDS FOR THE FIRST QUARTER OF 2024
DALLAS, Jan. 8, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors (the "Board") declared a dividend of $0.5281 per diluted share for the Company's 8.45% Series D Cumulative Preferred Stock for the first quarter ending March 31, 2024. The dividend, which equates to an annual rate of $2.1125 per share, is payable on April 15, 2024, to stockholders of record as of March 28, 2024.
Dec 27, 2023 02:00 pm ET
ASHFORD TRUST SETS FOURTH QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS, Dec. 27, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2023.
Dec 04, 2023 05:10 pm ET
ASHFORD HOSPITALITY TRUST PROVIDES UPDATE ON STATUS OF LOAN POOLS
DALLAS, Dec. 4, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has completed the transfer of ownership of the KEYS F loan pool to the mortgage lender. The hotels in the KEYS F loan pool that were transferred to the mortgage lender include:
Nov 01, 2023 07:05 pm ET
ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY THIRD QUARTER 2023 RESULTS
DALLAS, Nov. 1, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") reported today that the Company expects to report Occupancy of approximately 72% for the third quarter of 2023 with Average Daily Rate of approximately $182 resulting in RevPAR of approximately $132. This Comparable RevPAR reflects an approximate increase of 4% compared to the third quarter of 2022.
Oct 26, 2023 04:45 pm ET
ASHFORD HOSPITALITY TRUST ANNOUNCES AGREEMENT TO CONVERT LE PAVILLON HOTEL IN NEW ORLEANS TO MARRIOTT'S TRIBUTE PORTFOLIO
DALLAS, Oct. 26, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has entered into a new franchise agreement with Marriott International ("Marriott") to convert its Le Pavillon Hotel (the "Hotel") in New Orleans, Louisiana to a Tribute Portfolio property. Marriott's Tribute Portfolio is a growing global family of characterful, independent hotels drawn together by their passion for captivating design and their drive to create vibrant social scenes for guests and locals alike.
Oct 16, 2023 06:50 pm ET
ASHFORD TRUST ANNOUNCES DATE CHANGE FOR THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL
DALLAS, Oct. 16, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it is moving its third quarter 2023 earnings release and earnings conference call to one day earlier.
Oct 10, 2023 04:20 pm ET
ASHFORD TRUST DECLARES PREFERRED DIVIDENDS FOR THE FOURTH QUARTER OF 2023
DALLAS, Oct. 10, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors (the "Board") declared a dividend of $0.5281 per diluted share for the Company's 8.45% Series D Cumulative Preferred Stock for the fourth quarter ending December 31, 2023. The dividend, which equates to an annual rate of $2.1125 per share, is payable on January 16, 2024 to stockholders of record as of December 29, 2023.
Oct 09, 2023 08:00 am ET
ASHFORD TRUST ANNOUNCES DATE AND TIME CHANGE FOR THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL
DALLAS, Oct. 9, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that the Company has changed the scheduled date and start time of its third quarter 2023 earnings conference call. The call was previously scheduled for Wednesday, November 1, 2023, at 12:00 p.m. ET.
Sep 19, 2023 12:30 pm ET
ASHFORD TRUST SETS THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS, Sept. 19, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2023.
Sep 19, 2023 09:00 am ET
Sidoti Events, LLC’s Virtual September Small-Cap Conference
NEW YORK, NY / ACCESSWIRE / September 19, 2023 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day September Small-Cap Conference taking place Wednesday and Thursday, September 20-21, 2023. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.
Aug 01, 2023 10:15 pm ET
ASHFORD TRUST REPORTS SECOND QUARTER 2023 RESULTS
DALLAS, Aug. 1, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today reported financial results and performance measures for the second quarter ended June 30, 2023. The comparable performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA assume each of the hotel properties in the Company's hotel portfolio as of June 30, 2023 was owned as of the beginning of each of the periods presented. Unless otherwise stated, all reported results compare the second quarter ended June 30, 2023
Aug 01, 2023 07:00 pm ET
ASHFORD HOSPITALITY TRUST ANNOUNCES SALE OF WORLDQUEST RESORT ORLANDO FOR $14.8 MILLION
DALLAS, Aug. 1, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced the sale of 79 owned units as well as the public space at the WorldQuest Resort in Orlando, Florida for $14.8 million ($187,000 per owned unit). The property was unencumbered by debt, and the net proceeds from the sale will be used to pay down the Company's corporate financing.
Jul 19, 2023 04:35 pm ET
ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY SECOND QUARTER 2023 RESULTS
DALLAS, July 19, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") 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. This Comparable RevPAR reflects an approximate increase of 7% compared to the second quarter of 2022. Excluding the 19 hotels secured by loans that the Company did not extend during the quarter, the Company's results for the second quarter would have been Occupancy of approxima
Jul 11, 2023 08:00 am ET
ASHFORD TRUST DECLARES PREFERRED DIVIDENDS FOR THE THIRD QUARTER OF 2023
DALLAS, July 11, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors (the "Board") declared a dividend of $0.5281 per diluted share for the Company's 8.45% Series D Cumulative Preferred Stock for the third quarter ending September 30, 2023. The dividend, which equates to an annual rate of $2.1125 per share, is payable on October 16, 2023 to stockholders of record as of September 29, 2023.
Jul 07, 2023 04:15 pm ET
ASHFORD TRUST PROVIDES UPDATE ON MORTGAGE EXTENSIONS
Company Makes Strategic Decision to Reduce Leverage and Conserve Cash
Jun 19, 2023 12:30 pm ET
ASHFORD TRUST SETS SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS, June 19, 2023 /PRNewswire/ -- 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, 2023.
Jun 13, 2023 08:00 am ET
Sidoti Events, LLC's Virtual June Small-Cap Conference
NEW YORK, NY / ACCESSWIRE / June 13, 2023 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day June Small-Cap Conference taking place Wednesday and Thursday, June 14-15, 2023. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.
May 22, 2023 08:00 am ET
ASHFORD TRUST COMPLETES REFINANCING OF MORTGAGE LOANS FOR THE LA POSADA DE SANTA FE AND HILTON ALEXANDRIA HOTELS
DALLAS, May 22, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") 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. These two loans were the Company's only final debt maturities in 2023.
Apr 11, 2023 05:13 pm ET
ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY FIRST QUARTER 2023 RESULTS
Comparable RevPAR Growth for the Quarter Expected to be Approximately 30%
Apr 05, 2023 04:20 pm ET
ASHFORD TRUST DECLARES PREFERRED DIVIDENDS FOR THE SECOND QUARTER OF 2023
DALLAS, April 5, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors (the "Board") declared a dividend of $0.5281 per diluted share for the Company's 8.45% Series D Cumulative Preferred Stock for the second quarter ending June 30, 2023. The dividend, which equates to an annual rate of $2.1125 per share, is payable on July 17, 2023 to stockholders of record as of June 30, 2023.
Apr 04, 2023 05:00 pm ET
ASHFORD SECURITIES ANNOUNCES INITIAL SALES FOR ITS SECOND INVESTMENT PRODUCT
DALLAS, April 4, 2023 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC) ("Ashford"), continues to receive strong interest from the investment community for its recently launched product, shares of Series J Redeemable Preferred Stock (brokerage shares) and Series K Redeemable Preferred Stock (advisory shares) of Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust").
Mar 24, 2023 04:15 pm ET
ASHFORD TRUST SETS FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS, March 24, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2023.
Mar 20, 2023 02:00 pm ET
Sidoti's Small-Cap Virtual March Conference
NEW YORK, NY / ACCESSWIRE / March 20, 2023 / Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day March Small-Cap Conference taking place Wednesday and Thursday, March 22-23, 2023. The links can also be found at www.sidoticonference.com/events.
Mar 14, 2023 07:15 pm ET
ASHFORD TRUST ISSUES STATEMENT REGARDING CASH HOLDINGS
DALLAS, March 14, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") issued the following statement today: In light of recent events in the banking industry, the Company thought it would be helpful to provide some clarity on its current cash holdings. Currently, approximately 42% of the Company's cash is held in short-term U.S. Treasury Securities with maturity dates of less than 90 days. Approximately 27% is held at commercial banks in Insured Cash Sweep ("ICS") accounts, which are fully insured by the FDIC. Approximately 30% relates to p
Feb 14, 2023 09:30 am ET
Sidoti & Company, LLC Announces Registration Now Open for March Small-Cap and May Micro-Cap Conferences
NEW YORK, NY / ACCESSWIRE / February 14, 2023 / Sidoti & Company, LLC announces that its two spring conferences are now open for registration. The March Virtual Small-Cap Conference will take place on Wednesday and Thursday, March 22-23, 2023, and the May Virtual Micro-Cap Conference will be on Wednesday and Thursday, May 10-11, 2023.Sidoti hosts eight virtual investor conferences a year, alternating between small- and micro-cap targeted companies. Companies can host both group pr
Jan 26, 2023 04:30 pm ET
ASHFORD HOSPITALITY TRUST ANNOUNCES TAX REPORTING INFORMATION FOR 2022 PREFERRED SHARE DISTRIBUTIONS
DALLAS, Jan. 26, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced the tax reporting (Federal Form 1099-DIV) information for the 2022 distributions on its Series D, F, G, H, I and J preferred shares.
Jan 11, 2023 03:35 pm ET
ASHFORD TRUST DECLARES PREFERRED DIVIDENDS FOR THE FIRST QUARTER OF 2023
DALLAS, Jan. 11, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors (the "Board") declared a dividend of $0.5281 per diluted share for the Company's 8.45% Series D Cumulative Preferred Stock for the first quarter ending March 31, 2023. The dividend, which equates to an annual rate of $2.1125 per share, is payable on April 17, 2023 to stockholders of record as of March 31, 2023.
Jan 06, 2023 07:00 am ET
ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY REVPAR RESULTS FOR FOURTH QUARTER 2022
DALLAS, Jan. 6, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") 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. This RevPAR reflects an approximate increase of 25% compared to the fourth quarter of 2021 and a decrease of approximately 1% compared to the fourth quarter of 2019.
Jan 05, 2023 03:15 pm ET
ASHFORD TRUST SETS FOURTH QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS, Jan. 5, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2022.
Dec 22, 2022 04:00 pm ET
ASHFORD TRUST COMPLETES REFINANCING OF MORTGAGE LOAN FOR LE PAVILLON HOTEL
DALLAS, Dec. 22, 2022 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has successfully refinanced its mortgage loan for the 226-room Le Pavillon Hotel in New Orleans, Louisiana which had an initial maturity date of January 2023.
Nov 08, 2022 03:40 pm ET
Sidoti's November Micro-Cap Virtual Conference
NEW YORK, NY / ACCESSWIRE / November 8, 2022 / Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day November Micro-Cap Conference taking place Wednesday and Thursday, November 9-10, 2022. The links can also be found at www.sidoticonference.com/events .
Oct 26, 2022 08:00 am ET
ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY THIRD QUARTER 2022 RESULTS
DALLAS, Oct. 26, 2022 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today its preliminary expectations for net loss attributable to common stockholders, Adjusted EBITDAre, and Adjusted FFO for the third quarter ended September 30, 2022.
Oct 11, 2022 04:25 pm ET
ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY REVPAR RESULTS FOR THIRD QUARTER 2022
DALLAS, Oct. 11, 2022 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") reported today 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. This RevPAR reflects an approximate increase of 29% compared to the third quarter of 2021 and a decrease of approximately 4% compared to the third quarter of 2019.
Oct 07, 2022 08:00 am ET
ASHFORD TRUST DECLARES PREFERRED DIVIDENDS FOR THE FOURTH QUARTER OF 2022
DALLAS, Oct. 7, 2022 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors (the "Board") declared a dividend of $0.5281 per diluted share for the Company's 8.45% Series D Cumulative Preferred Stock for the fourth quarter ending December 31, 2022. The dividend, which equates to an annual rate of $2.1125 per share, is payable on January 17, 2023 to stockholders of record as of December 30, 2022.
Sep 20, 2022 02:45 pm ET
Sidoti's September Small-Cap Virtual Conference
NEW YORK, NY / ACCESSWIRE / September 20, 2022 / Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day September Small-Cap Conference taking place Wednesday and Thursday, September 21-22, 2022. The links can also be found at www.sidoticonference.com/events.
Sep 08, 2022 08:00 am ET
ASHFORD TRUST DECLARES PREFERRED DIVIDENDS FOR THE THIRD QUARTER OF 2022
DALLAS, Sept. 8, 2022 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors (the "Board") declared a dividend of $0.5281 per diluted share for the Company's 8.45% Series D Cumulative Preferred Stock for the third quarter ending September 30, 2022. The dividend, which equates to an annual rate of $2.1125 per share, is payable on October 17, 2022 to stockholders of record as of September 30, 2022.
Sep 01, 2022 04:25 pm ET
ASHFORD TRUST SETS THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS, Sept. 1, 2022 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2022.
Jun 22, 2022 04:15 pm ET
ASHFORD TRUST SETS SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS, June 22, 2022 /PRNewswire/ -- 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, 2022.
Jun 21, 2022 08:00 am ET
ASHFORD TRUST PROVIDES UPDATE ON RECENT OPERATING PERFORMANCE
DALLAS, June 21, 2022 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") reported today preliminary portfolio occupancy of 72% for the month of May with an average daily rate ("ADR") of approximately $185 resulting in RevPAR of approximately $132. This RevPAR result represents an approximate increase of 74.9% versus May 2021 and an approximate decrease of 6.8% versus May 2019. Additionally, Hotel Net Income was $18.9 million. Comparable Hotel EBITDA was $36.9 million for the month of May, an approximate 156% increase over May 2021's Comparable Hote
Jun 06, 2022 08:00 am ET
ASHFORD TRUST TO PRESENT AT NAREIT'S REITWEEK 2022 INVESTOR CONFERENCE
DALLAS, June 6, 2022 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that Rob Hays, Ashford Trust's President and Chief Executive Officer, is scheduled to present to the investment community at Nareit's REITweek 2022 Investor Conference, on Tuesday, June 7, 2022, at 3:45 p.m. Eastern Time.
Jun 01, 2022 04:30 pm ET
ASHFORD TRUST DECLARES PREFERRED DIVIDENDS FOR SECOND QUARTER OF 2022
DALLAS, June 1, 2022 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors (the "Board") declared a dividend of $0.5281 per diluted share for the Company's 8.45% Series D Cumulative Preferred Stock for the second quarter ending June 30, 2022. The dividend, which equates to an annual rate of $2.1125 per share, is payable on July 15, 2022 to stockholders of record as of June 30, 2022.
Apr 25, 2022 05:25 pm ET
ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY FIRST QUARTER 2022 RESULTS
DALLAS, April 25, 2022 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today its preliminary expectations for net loss attributable to common stockholders, Adjusted EBITDAre, and Adjusted FFO for the first quarter ended March 31, 2022.
Apr 19, 2022 08:00 am ET
ASHFORD ANNOUNCES PLANNED DEPARTURE OF EXECUTIVE
DALLAS, April 19, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that Jeremy Welter, its President and Chief Operating Officer, will be leaving the Company effective July 15, 2022. Mr. Welter's position as Chief Operating Officer of Ashford Hospitality Trust (NYSE: AHT) and Braemar Hotels & Resorts (NYSE: BHR) will also end effective July 15, 2022.
Apr 06, 2022 04:20 pm ET
ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY REVPAR RESULTS FOR FIRST QUARTER 2022
DALLAS, April 6, 2022 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") reported today that the Company expects to report occupancy of approximately 58% for the first quarter of 2022 with an average daily rate ("ADR") of approximately $166 resulting in RevPAR of approximately $97. This RevPAR reflects an approximate increase of 103% compared to the first quarter of 2021 and a decrease of approximately 23% compared to the first quarter of 2019.
Mar 28, 2022 04:15 pm ET
ASHFORD TRUST SETS FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS, March 28, 2022 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2022.
Mar 22, 2022 09:50 am ET
Sidoti March Virtual Small Cap Investor Conference
NEW YORK, NY / ACCESSWIRE / March 22, 2022 / Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day March Small Cap Virtual Conference taking place Wednesday and Thursday, March 23rd-24th, 2022. The links can also be found at www.sidoticonference.com/events.
Mar 09, 2022 07:00 am ET
ASHFORD TRUST DECLARES PREFERRED DIVIDENDS FOR FIRST QUARTER OF 2022
DALLAS, March 9, 2022 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors (the "Board") declared a dividend of $0.5281 per diluted share for the Company's 8.45% Series D Cumulative Preferred Stock for the first quarter ending March 31, 2022. The dividend, which equates to an annual rate of $2.1125 per share, is payable on April 15, 2022 to stockholders of record as of March 31, 2022.
Mar 07, 2022 07:00 am ET
Ashford Trust Files Registration Statement For Non-Traded Preferred Equity
DALLAS, March 7, 2022 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it filed a registration statement on Friday, March 4 with the U.S. Securities and Exchange Commission ("SEC") for its Series K and Series J Redeemable Preferred Equity Stock ("Non-Traded Preferred Equity"). The registration statement provides for issuance of Non-Traded Preferred Equity in a primary offering over the course of up to three years from the effective date. The Series K and Series J Redeemable Preferred Stock are expected to have an initial annu
Feb 28, 2022 07:00 am ET
ASHFORD INC. ANNOUNCES EXTRAORDINARY SETTLEMENT OF SHAREHOLDER LITIGATION WITH CYGNUS CAPITAL WHO WAS REPRESENTED BY OLSHAN FROME WOLOSKY
DALLAS, Feb. 28, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) announced that it successfully settled a lawsuit on behalf of its managed platform, Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust") against Cygnus Capital, Inc. (together with its affiliates, "Cygnus"), represented by Olshan Frome Wolosky LLP ("Olshan"), as well as certain other defendants including ThornTree Capital and an individual stockholder – Cygnus Chief Executive Officer's mother-in-law, Rebecca Harvey, on highly favorable terms including obligations for the defendants to make a payment exceeding o
Jan 18, 2022 07:30 am ET
Sidoti Winter Virtual Small Cap Investor Conference
NEW YORK, NY / ACCESSWIRE / January 18, 2022 / Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day January Small Cap Virtual Conference taking place Wednesday and Thursday, December 19th-20th, 2022. The links can also be found at www.sidoticonference.com/events.
Jan 18, 2022 07:00 am ET
ASHFORD ANNOUNCES TERMINATION OF SEC INVESTIGATION
DALLAS, Jan. 18, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that it has received a letter from the Securities and Exchange Commission ("SEC") stating that the SEC's investigation is concluded, and that the SEC enforcement staff does not intend to recommend any action by the SEC against Ashford. Braemar Hotels & Resorts Inc. (NYSE: BHR) and Ashford Hospitality Trust, Inc. (NYSE: AHT) also each received a letter stating that the SEC's investigation is concluded, and that the SEC enforcement staff does not intend to recommend any act
Jan 18, 2022 07:00 am ET
ASHFORD HOSPITALITY TRUST ANNOUNCES TERMINATION OF SEC INVESTIGATION
DALLAS, Jan. 18, 2022 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has received a letter from the Securities and Exchange Commission ("SEC") stating that the SEC's investigation is concluded, and that the SEC enforcement staff does not intend to recommend any action by the SEC against Ashford Trust. Braemar Hotels & Resorts Inc. (NYSE: BHR) and Ashford Inc. (NYSE American: AINC) also each received a letter stating that the SEC's investigation is concluded, and that the SEC enforcement staff does not intend to recom
Jan 18, 2022 07:00 am ET
BRAEMAR HOTELS & RESORTS ANNOUNCES TERMINATION OF SEC INVESTIGATION
DALLAS, Jan. 18, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has received a letter from the Securities and Exchange Commission ("SEC") stating that the SEC's investigation is concluded, and that the SEC enforcement staff does not intend to recommend any action by the SEC against Braemar. Ashford Hospitality Trust, Inc. (NYSE: AHT) and Ashford Inc. (NYSE American: AINC) also each received a letter stating that the SEC's investigation is concluded, and that the SEC enforcement staff does not intend to recommend a
Jan 06, 2022 03:30 pm ET
ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY REVPAR RESULTS FOR FOURTH QUARTER 2021
DALLAS, Jan. 6, 2022 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") reported today preliminary portfolio occupancy of 56% for the month of December 2021 with an average daily rate ("ADR") of approximately $149 resulting in RevPAR of approximately $83. This RevPAR reflects an approximate increase of 170% versus December 2020 and a decline of approximately 13% versus December 2019, which is the best monthly RevPAR result versus 2019 since early 2020. The Company expects to report occupancy of 60% for the fourth quarter of 2021 with an ADR of ap
Jan 03, 2022 04:40 pm ET
ASHFORD TRUST SETS FOURTH QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
DALLAS, Jan. 3, 2022 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2021.
Dec 17, 2021 07:00 am ET
ASHFORD HOSPITALITY TRUST PROVIDES UPDATE ON NOVEMBER OPERATING PERFORMANCE
DALLAS, Dec. 17, 2021 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") reported today preliminary portfolio occupancy of 61.6% for the month of November with an average daily rate ("ADR") of approximately $155 resulting in RevPAR of approximately $95. This RevPAR result represents an approximate decrease of 21% versus November 2019 and is the best monthly performance versus 2019 numbers since first quarter 2020.
Nov 23, 2021 07:00 am ET
Ashford Trust Declares Payment Of Accrued Preferred Dividends And Declares Preferred Dividends For Fourth Quarter Of 2021
DALLAS, Nov. 23, 2021 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors declared cash dividends on the Company's Series D, Series F, Series G, Series H, and Series I cumulative preferred stock reflecting accrued and unpaid dividends for the quarters ending June 30, 2020, September 30, 2020, December 31, 2020, March 31, 2021, June 30, 2021, and September 30, 2021. The Company will pay a cash dividend of $3.1686 per Series D preferred share, $2.7654 per Series F preferred share, $2.7654 per Series G prefe
Nov 17, 2021 03:25 pm ET
Ashford Hospitality Trust Provides Update On Recent Operating Performance
DALLAS, Nov. 17, 2021 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") reported today preliminary portfolio occupancy of 63.7% for the month of October with an average daily rate ("ADR") of approximately $167 resulting in RevPAR of approximately $106. This RevPAR result represents an approximate increase of 12% versus September 2021 and an approximate decrease of 27% versus October 2019.
Nov 01, 2021 06:43 pm ET
Ashford Trust Completes Refinancing Of Mortgage Loan For The Marriott Gateway Crystal City
DALLAS, Nov. 1, 2021 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has successfully refinanced its mortgage loan for the 701-room Marriott Gateway Crystal City in Arlington, Virginia which had a final maturity date in November 2021. The financing addressed the Company's only debt maturity in 2021.
Oct 13, 2021 08:00 am ET
Ashford Trust Amends Corporate Financing
DALLAS, Oct. 13, 2021 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that the Company has amended its strategic financing from funds managed by Oaktree Capital Management, L.P. ("Oaktree"). The amendment extends Oaktree's $250 million delayed draw commitment through June of 2024 if Ashford Trust repays the initial term loan of $200 million and accrued interest at any time prior to June of 2023.
Oct 12, 2021 04:30 pm ET
Ashford Trust To Ring NYSE Opening Bell
DALLAS, Oct. 12, 2021 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that the Company's management team will ring the New York Stock Exchange's Opening Bell on Wednesday, October 13, 2021, in conjunction with its 2021 Investor & Analyst Day.
Oct 05, 2021 01:30 pm ET
Ashford Trust To Host Investor & Analyst Day
DALLAS, Oct. 5, 2021 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it will host an Investor & Analyst Day in New York City on Tuesday, October 12, 2021, at the Park Lane Hotel.
Oct 05, 2021 08:00 am ET
Ashford Hospitality Trust Announces Preliminary RevPAR Results For Third Quarter 2021
DALLAS, Oct. 5, 2021 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") reported today preliminary portfolio occupancy of 59.7% for the month of September with an average daily rate ("ADR") of approximately $158 resulting in RevPAR of approximately $94. This RevPAR reflects an approximate increase of 145.0% versus September 2020 and a decline of approximately 28.2% versus September 2019. The Company expects to report occupancy of 62.8% for the third quarter of 2021 with an ADR of approximately $156 resulting in RevPAR of approximately $98. This Re
Sep 23, 2021 04:15 pm ET
Ashford Trust Sets Third Quarter Earnings Release And Conference Call Dates
DALLAS, Sept. 23, 2021 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2021.
Sep 21, 2021 07:35 am ET
Sidoti Fall Virtual Small Cap Investor Conference
Presentation Times and Weblinks Released for Over 130 Presenting Companies
Sep 15, 2021 04:15 pm ET
Ashford Hospitality Trust Provides Update On Recent Operating Performance
DALLAS, Sept. 15, 2021 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") reported today preliminary portfolio occupancy of 61.3% for the month of August with an average daily rate ("ADR") of approximately $153.69 resulting in RevPAR of approximately $94.16. This RevPAR result represents an approximate decrease of 11% versus July 2021 and an approximate decrease of 27% versus August 2019.
Aug 25, 2021 06:30 pm ET
Ashford Trust Completes Refinancing Of Mortgage Loan For The Hilton Boston Back Bay
DALLAS, Aug. 25, 2021 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has successfully refinanced its mortgage loan for the 390-room Hilton Boston Back Bay in Boston, Massachusetts which had a final maturity date in November 2022. The Company had only one significant final debt maturity in 2022, but this financing addresses that loan. Furthermore, the Company was able to complete this financing with a best-in-class institutional balance sheet lender.
Aug 16, 2021 07:45 pm ET
Ashford Hospitality Trust Provides Update On Recent Operating Performance
DALLAS, Aug. 16, 2021 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today its preliminary operating results for the month of July. For the month of July, Comparable Hotel Net Income was $7.9 million. Comparable Hotel EBITDA for the month of July was $26.4 million, a 27% increase over June's Comparable Hotel EBITDA of $20.8 million. The Company's current monthly run-rate for cash interest expense is approximately $11 million and its current monthly run-rate for corporate G&A and advisory expense is approximately $4 million.
Jul 26, 2021 08:00 am ET
Ashford Hospitality Trust Announces Preliminary Second Quarter 2021 Results
DALLAS, July 26, 2021 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today its preliminary expectations for net loss attributable to common stockholders, Adjusted EBITDAre, and Adjusted FFO for the second quarter ended June 30, 2021.
Jul 16, 2021 04:30 pm ET
Ashford Trust Completes Reverse Stock Split
DALLAS, July 16, 2021 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it completed a reverse split of the Company's common stock at a ratio of 1-for-10.
Jul 14, 2021 09:31 am ET
Thinking about buying stock in Ashford Hospitality Trust, Clovis Oncology, Exela Technologies, Wipro, or Atossa Therapeutics?
NEW YORK, July 14, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AHT, CLVS, XELA, WIT, and ATOS.
Jul 07, 2021 10:45 am ET
Thinking about buying stock in Ashford Hospitality Trust, Bridgeline Digital, Inuvo, Newegg Commerce, or ChemoCentryx?
NEW YORK, July 7, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AHT, BLIN, INUV, NEGG, and CCXI.
Jul 06, 2021 10:55 am ET
Thinking about buying stock in Ashford Hospitality Trust, ContextLogic, Iterum Therapeutics, Netlist, or Sundial Growers?
NEW YORK, July 6, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AHT, WISH, ITRM, NLST, and SNDL.
Jul 06, 2021 08:00 am ET
Ashford Trust Announces Preliminary RevPAR Results For Second Quarter 2021
DALLAS, July 6, 2021 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") reported today preliminary RevPAR of approximately $91.27 for June 2021, representing an approximate increase of 256% versus June 2020 and a decline of 37% versus June 2019. This compares to RevPAR of $75.66 for May 2021, representing an approximate increase of 414% versus May 2020 and a decline of 47% versus May 2019, and RevPAR of $67.52 for April 2021, representing an approximate increase of 624% versus April 2020 and a decline of 53% versus April 2019. The Company expects
Jul 02, 2021 04:00 pm ET
Ashford Trust Announces Reverse Stock Split Extending Management's Commitment To Making AHT Shareholder Friendly
DALLAS, July 2, 2021 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors unanimously approved a reverse split of the Company's common stock at a ratio of 1-for-10.
Jun 30, 2021 08:00 am ET
Ashford Announces Retirement Of Robert Haiman And Appointment Of Alex Rose As General Counsel
DALLAS, June 30, 2021 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that Robert Haiman, Executive Vice President, General Counsel and Secretary, will retire on June 30 after a career spanning nearly 17 years at Ashford and Remington. The Company has appointed Mr. Alex Rose as Executive Vice President, General Counsel and Secretary as his successor effective July 1, 2021. To ensure a seamless transition, Mr. Haiman will provide support to the Company on a consulting basis for 3 years. Mr. Rose will also serve as General Counsel for Ashford
Jun 28, 2021 08:00 am ET
Ashford Trust Set to Join the Russell 2000®, Russell 3000® and Russell Microcap® Indexes
DALLAS, June 28, 2021 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that the Company will be added to the U.S. small-cap Russell 2000® Index, the U.S. broad-market Russell 3000® Index, and the Russell Microcap® Index, as part of the Russell Indexes annual reconstitution. The additions will be effective after the U.S. market opens on June 28, 2021.
Jun 21, 2021 10:55 am ET
Thinking about buying stock in Geron Corp, Ashford Hospitality Trust, Paratek Pharmaceuticals, Seanergy Maritime, or TAL Education?
NEW YORK, June 21, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for GERN, AHT, PRTK, SHIP, and TAL.
Jun 15, 2021 04:15 pm ET
Ashford Trust's CEO Rob Hays Appears On A Dallas Based Television Show "Morning After" To Discuss Its Diverse Portfolio And Hotel Industry Recovery
DALLAS, June 15, 2021 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that its President and Chief Executive Officer, Rob Hays, appeared yesterday on CW33's show "Morning After", a local television show based in Dallas, where he discussed Ashford Trust's geographically diverse hotel portfolio, its exposure to transient leisure customers, the leisure traveler's role in the hotel industry recovery, and his proactive engagement with the investment community via his new Twitter handle @aht_rob.
Jun 15, 2021 10:50 am ET
Thinking about buying stock in Clearside Biomedical, Uxin, Petco Health and Wellness, Ashford Hospitality Trust, or Uber?
NEW YORK, June 15, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CLSD, UXIN, WOOF, AHT, and UBER.
Jun 09, 2021 11:00 am ET
Jan 27, 2021 08:31 am ET
Thinking about buying stock in Clovis Oncology, Ashford Hospitality Trust, Atara Biotherapeutics, Sorrento Therapeutics, or Vertex Energy?
NEW YORK, Jan. 27, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CLVS, AHT, ATRA, SRNE, and VTNR.
Jan 25, 2021 08:00 am ET
Cygnus Capital Addresses Ashford Hospitality Trust’s Latest Attempt to Undermine Corporate Democracy
Cygnus Capital, Inc. (together with its affiliates, “Cygnus” or “we”), which collectively with the other participants in its solicitation beneficially owns approximately 2.7% of the outstanding shares of common stock of Ashford Hospitality Trust, Inc. (NYSE: AHT) ("AHT" or the “Company”), including 40,000 shares of common stock underlying certain call options, and a significant portion of each of the outstanding series of preferred stock, today commented on the lawsuit filed by AHT on January 19, 2021. AHT is suing Cygnus in order to prevent the firm from nominating director candidates and run
Jan 15, 2021 03:45 pm ET
Ashford Hospitality Trust Announces Closing Of Corporate Financing
DALLAS, Jan. 15, 2021 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that the Company has closed on the previously announced strategic financing from funds managed by Oaktree Capital Management, L.P. ("Oaktree"). The Company drew down $200 million on the financing at closing and has the option to draw down an additional $250 million, if needed. The optional additional drawdown has increased $100 million from the previously announced terms.
Jan 05, 2021 09:00 am ET
Cygnus Capital Nominates Five Highly-Qualified Candidates for Election to Ashford Hospitality Trust’s Board
Cygnus Capital, Inc. (together with its affiliates, “Cygnus” or “we”), which collectively with the other participants in its solicitation beneficially owns approximately 2.8% of the outstanding shares of common stock of Ashford Hospitality Trust, Inc. (NYSE: AHT) ("AHT" or the “Company”), including 40,000 shares of common stock underlying certain call options, and a significant portion of each of the outstanding series of preferred stock, today issued the below letter to stockholders regarding its decision to nominate five highly-qualified and independent candidates for election to AHT’s eight
Dec 28, 2020 07:00 am ET
Ashford Hospitality Trust Secures Commitment For $200 Million Corporate Financing With Ability To Upsize To $350 Million
DALLAS, Dec. 28, 2020 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that the Company has secured a strategic financing commitment from funds managed by Oaktree Capital Management, L.P. ("Oaktree") to provide a $200 million senior secured term loan ("Loan"). In addition, the financing commitment can be upsized by $150 million to an aggregate amount of $350 million.
Dec 02, 2020 08:31 am ET
Thinking about buying stock in Canopy Growth Corp, Kohl's, Workhorse Group, Ashford Hospitality Trust, or FuelCell Energy?
NEW YORK, Dec. 2, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CGC, KSS, WKHS, AHT, and FCEL.
Nov 25, 2020 03:15 pm ET
Ashford Hospitality Trust, Inc. Announces Closing of Exchange Offers for All Outstanding Series of Its Preferred Stock
DALLAS, Nov. 25, 2020 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced the closing of its previously commenced offers to exchange (each an "Exchange Offer" and collectively the "Exchange Offers") any and all shares of the Company's 8.45% Series D Cumulative Preferred Stock, par value $0.01 per share (the "Series D Preferred Stock"), 7.375% Series F Cumulative Preferred Stock, par value $0.01 per share (the "Series F Preferred Stock"), 7.375% Series G Cumulative Preferred Stock, par value $0.01 per share (the "Series G Preferred St
Nov 23, 2020 07:00 am ET
Ashford Hospitality Trust, Inc. Announces Final Results of Exchange Offers for All Outstanding Series of Its Preferred Stock
DALLAS, Nov. 23, 2020 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced final results of its previously commenced offers to exchange (each an "Exchange Offer" and collectively the "Exchange Offers") any and all shares of the Company's 8.45% Series D Cumulative Preferred Stock, par value $0.01 per share (the "Series D Preferred Stock"), 7.375% Series F Cumulative Preferred Stock, par value $0.01 per share (the "Series F Preferred Stock"), 7.375% Series G Cumulative Preferred Stock, par value $0.01 per share (the "Series G Preferred
Nov 20, 2020 07:00 am ET
Ashford Hospitality Trust, Inc. Receives Notice That Company Has Been In Full Compliance With NYSE Continued Listing Standards
DALLAS, Nov. 20, 2020 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it was notified by the New York Stock Exchange (the "NYSE") that the Company has been in full compliance with all of the NYSE's continued listing standards, as indicated in a letter delivered to the Company on November 19, 2020.
Oct 27, 2020 11:56 am ET
Cygnus Capital, Inc. Responds to Recent Amendments to Exchange Offers of Ashford Hospitality Trust, Inc. and Conclusion of the Special Meeting
ATLANTA, Oct. 27, 2020 /PRNewswire/ -- Cygnus Capital, Inc. (together with its affiliates, "Cygnus Capital"), one of the largest stockholders of Ashford Hospitality Trust, Inc. (the "Company" or "AHT") (NYSE:AHT), beneficially owning approximately 9.4% of the Company's outstanding common stock, today responded to AHT's recent announcements. While Cygnus Capital is pleased that the Board had decided to conclude the previously adjourned special meeting of stockholders, Cygnus Capital believes the continuation of the exchange offers serve as an unnecessary distraction and AHT management and the
Oct 26, 2020 06:24 pm ET
Ashford Hospitality Trust, Inc. Announces Extension Of Exchange Offers To November 20, 2020, Changes To The Consideration Offered In The Exchange Offers And Removal Of The Financing Condition To The E
DALLAS, Oct. 26, 2020 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it is extending the expiration date (the "Expiration Date") for its offer to exchange (as amended, the "Exchange Offers") any and all shares of each of its series of preferred stock (the "Preferred Stock") for cash or common stock of the Company (the "Common Stock") from 5:00 PM, New York City time, on October 30, 2020 to 5:00 PM, New York City time, on November 20, 2020, unless the Company further extends the Exchange Offers or terminates it prior to such
Oct 22, 2020 09:44 am ET
Cygnus Capital, Inc. Calls Upon Ashford Hospitality Trust, Inc. to Terminate Highly Dilutive Exchange Offers and Seek Alternate Means of Restructuring
ATLANTA, Oct. 22, 2020 /PRNewswire/ -- Cygnus Capital, Inc. (together with its affiliates, "Cygnus Capital"), one of the largest stockholders of Ashford Hospitality Trust, Inc. (the "Company" or "AHT") (NYSE:AHT), beneficially owning approximately 9.4% of the Company's outstanding common stock, again called upon AHT to immediately terminate the highly dilutive exchange offers of all series of preferred stock into common stock. Cygnus Capital believes the Company's decision to adjourn the special meeting of stockholders until October 30, 2020, due to its failure to garner enough stockholder
Jul 16, 2020 09:31 am ET
Thinking about buying stock in Ashford Hospitality Trust, Boxlight Corp, T2 Biosystems, Southwest Airlines, or Heat Biologics?
NEW YORK, July 16, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AHT, BOXL, TTOO, LUV, and HTBX.
May 02, 2020 07:00 pm ET
Ashford Group Of Companies Takes Action To Meet Changed Paycheck Protection Program Eligibility Guidelines
DALLAS, May 2, 2020 /PRNewswire/ -- The Ashford Group of Companies announced today that all of its companies, including Ashford Inc. (NYSE American: AINC), Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust"), and Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar"), will return all funds provided by the Small Business Administration's ("SBA") Paycheck Protection Program ("PPP") due to the agency's recently changed rules and inconsistent federal guidance that put the companies at compliance risk.
Oct 29, 2019 04:15 pm ET
Ashford Trust Reports Third Quarter 2019 Results
DALLAS, Oct. 29, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today reported financial results and performance measures for the third quarter ended September 30, 2019. The comparable performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA assume each of the hotel properties in the Company's hotel portfolio as of September 30, 2019 were owned as of the beginning of each of the periods presented. Unless otherwise stated, all reported results compare the third quarter ended Se
Oct 24, 2019 04:15 pm ET
Ashford Stockholders Approve Combination With Remington
DALLAS, Oct. 24, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") announced that its stockholders approved the proposals relating to the Company's combination with Remington Holdings, LP ("Remington") at a special meeting held earlier today. Holders of approximately 92% of Ashford shares present and voting at the meeting, representing over 75% of outstanding voting shares, voted in favor of the combination, and approximately 87% of shares, excluding shares owned by the Bennett family, present and voting at the meeting voted in favor of the combination. Al
Oct 21, 2019 04:15 pm ET
Ashford Trust Announces Distribution Of Remaining Shares Of Ashford Inc.
DALLAS, Oct. 21, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors has formally declared the distribution of its remaining 205,086 shares of common stock of Ashford Inc. (NYSE American: AINC). Both common stockholders and unitholders of Ashford Trust will receive their pro-rata share of Ashford Inc. common stock.
Oct 15, 2019 08:00 am ET
Ashford Trust Announces Sale Of Parking Lot Adjacent To Hilton St. Petersburg For $17.5 Million
DALLAS, Oct. 15, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced the sale of a 1.65-acre (72,068 square foot) parking lot adjacent to its Hilton St. Petersburg Bayfront Hotel in St. Petersburg, Florida for total consideration of $17.5 million to be paid over time. The lot was sold to a Florida-based company and will be developed into a 35-story condominium tower and parking garage. As part of the agreement, following project completion, the Company will have ownership rights to 205 covered parking spaces in the new parking g
Oct 03, 2019 07:30 am ET
Ashford Trust Announces Agreement To Convert Crowne Plaza La Concha Key West To Marriott's Autograph Collection
DALLAS, Oct. 3, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has entered into a new franchise agreement with Marriott International ("Marriott") to convert its Crowne Plaza La Concha Key West Hotel in Key West, Florida (the "Hotel") to an Autograph Collection property. Marriott's Autograph Collection® Hotels feature a diverse portfolio of approximately 180 independent hotels around the world that reflect a unique vision, design, and environment.
Oct 03, 2019 07:30 am ET
Ashford Trust Enters Into New Franchise Agreement For The Hilton Alexandria Old Town
DALLAS, Oct. 3, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has entered into a new franchise agreement for the 252-room Hilton Alexandria Old Town that it acquired in June 2018. Under the new franchise agreement, the hotel will transition from being Hilton-managed to being managed by Remington Lodging. The management conversion is effective as of October 1, 2019 and does not require a property improvement plan.
Oct 02, 2019 06:15 pm ET
Ashford Announces Repurchase Of Stock From Ashford Trust And Braemar Hotels & Resorts
DALLAS, Oct. 2, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that it has agreed to immediately acquire an aggregate of 412,974 shares of its common stock currently owned by Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust") and Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar"), respectively, for $30 per share, resulting in a total cost of approximately $12.4 million. This stock purchase represents approximately 16% of the Company's common shares outstanding. Due to the parameters of the private letter ruling expecte
Oct 02, 2019 06:15 pm ET
Ashford Trust Announces Plan to Dispose of Ashford Inc. Shares
DALLAS, Oct. 2, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has entered into a stock purchase agreement with Ashford Inc. (NYSE American: AINC) ("Ashford") under which Ashford purchased 393,077 shares of its common stock for $30 per share, resulting in total proceeds of approximately $11.8 million to the Company. The purchase price equates to a premium of approximately 20% based on yesterday's closing price of Ashford common stock. Due to the parameters of the private letter ruling expected to be received from
Oct 02, 2019 08:00 am ET
Ashford Trust to Host Investor & Analyst Day
DALLAS, Oct. 2, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it will host an Investor & Analyst Day in New York City on Thursday, October 3, 2019 at The St. Regis Hotel.
Sep 26, 2019 08:00 am ET
Ashford Trust Sets Third Quarter Earnings Release and Conference Call Dates
DALLAS, Sept. 26, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2019.
Sep 25, 2019 08:30 am ET
Ashford Announces Creation Of Dedicated Platform To Raise Retail Capital Through Financial Intermediaries And The Broker-Dealer Channel
DALLAS, Sept. 25, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that it has formed Ashford Securities LLC ("Ashford Securities") to raise capital in order to grow its existing and future platforms. Following registration with the Financial Industry Regulatory Authority and other regulatory authorities, Ashford Securities will be a dedicated capital raising platform to fund investment opportunities sponsored and asset-managed by Ashford. Types of capital raised may include, but are not limited to, preferred equity, convertible preferred
Sep 12, 2019 08:00 am ET
Ashford Trust Declares Dividends For Third Quarter Of 2019
DALLAS, Sept. 12, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.06 per diluted share for the Company's common stock for the third quarter ending September 30, 2019. The dividend, which equates to an annual rate of $0.24 per share, will be distributed on October 15, 2019, to shareholders of record as of September 30, 2019.
Aug 15, 2019 08:00 am ET
Ashford Trust Announces Sale of Two Hotels for $37.8 million
DALLAS, Aug. 15, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced the sales of the 156-room Courtyard Savannah Downtown in Savannah, Georgia and the 128-room Hilton Garden Inn in Wisconsin Dells, Wisconsin for $37.8 million. The combined sales price, inclusive of the buyers' estimated anticipated capex of $8.2 million, represents a trailing twelve-month cap rate of 5.3% on net operating income and a 16.2x Hotel EBITDA multiple as of June 30, 2019.
Aug 05, 2019 08:00 am ET
Ashford Trust Announces Sale Of Marriott Plaza San Antonio For $34 Million
DALLAS, Aug. 5, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced the sale of the 251-room Marriott Plaza San Antonio in San Antonio, Texas for $34.0 million ($135,500 per key). The sales price, inclusive of buyer's estimated anticipated capex of $21.3 million, represents a trailing twelve-month cap rate of 4.9% on net operating income and a 17.1x Hotel EBITDA multiple as of June 30, 2019.
Aug 01, 2019 04:15 pm ET
Ashford Reports Second Quarter 2019 Results
DALLAS, Aug. 1, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today reported the following results and performance measures for the second quarter ended June 30, 2019. Unless otherwise stated, all reported results compare the second quarter ended June 30, 2019, with the second quarter ended June 30, 2018 (see discussion below). The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release.
Aug 01, 2019 04:15 pm ET
Ashford Trust Reports Second Quarter 2019 Results
DALLAS, Aug. 1, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today reported financial results and performance measures for the second quarter ended June 30, 2019. The comparable performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA assume each of the hotel properties in the Company's hotel portfolio as of June 30, 2019 were owned as of the beginning of each of the periods presented. Unless otherwise stated, all reported results compare the second quarter ended June 30, 20
May 15, 2019 05:15 pm ET
Donald Kelly and Mark Matz Appointed Premier Project Management's Co-Chief Executive Officers
DALLAS, May 15, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) and Premier Project Management ("Premier" or the "Company") announced today that Donald R. Kelly has been appointed Co-Chief Executive Officer, effective May 15, 2019. Kelly will work alongside Mark Matz, who is being promoted from Co-President and Chief Operating Officer to Co-Chief Executive Officer and Chief Operating Officer, to drive growth both within Premier's current business lines and to execute on new growth initiatives.
May 02, 2019 04:15 pm ET
Ashford Reports First Quarter 2019 Results
DALLAS, May 2, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today reported the following results and performance measures for the first quarter ended March 31, 2019. Unless otherwise stated, all reported results compare the first quarter ended March 31, 2019, with the first quarter ended March 31, 2018 (see discussion below). The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release.
May 02, 2019 04:15 pm ET
Ashford Trust Reports First Quarter 2019 Results
DALLAS, May 2, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today reported financial results and performance measures for the first quarter ended March 31, 2019. The comparable performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA assume each of the hotel properties in the Company's hotel portfolio as of March 31, 2019 were owned as of the beginning of each of the periods presented. Unless otherwise stated, all reported results compare the first quarter ended March 31, 20
Apr 12, 2019 07:30 am ET
Report: Developing Opportunities within DTE Energy, Stag Industrial, Post, Ashford Hospitality Trust, PNM Resources, Inc. (Holding Co.), and PROS — Future Expectations, Projections Moving into 2019
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of DTE Energy Company (NYSE:DTE), Stag Industrial, Inc. (NYSE:STAG), Post...
Apr 05, 2019 04:20 pm ET
Ashford Trust Sets First Quarter Earnings Release And Conference Call Dates
DALLAS, April 5, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2019.
Mar 13, 2019 08:00 am ET
Ashford Trust Declares Dividends For First Quarter Of 2019
DALLAS, March 13, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per diluted share for the Company's common stock for the first quarter ending March 31, 2019. The dividend, which equates to an annual rate of $0.48 per share, is payable on April 15, 2019, to shareholders of record as of March 29, 2019.
Mar 05, 2019 04:30 pm ET
Ashford Trust Completes Refinancing Of 2-Hotel Portfolio
DALLAS, March 5, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has successfully refinanced a mortgage secured by the Westin Princeton and Renaissance Nashville. The new $240 million loan is interest only at a floating rate of LIBOR + 2.75% and has a two-year initial term with five one-year extension options, subject to the satisfaction of certain conditions. This mortgage replaced the Aareal Capital Nashville/Princeton loan with an outstanding balance totaling approximately $178 million at a rate of LIBOR + 3.00%
Feb 28, 2019 03:15 pm ET
Ashford Trust Reports Fourth Quarter And Year End 2018 Results
DALLAS, Feb. 28, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today reported financial results and performance measures for the fourth quarter and full year ended December 31, 2018. The comparable performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA assume each of the hotel properties in the Company's hotel portfolio as of December 31, 2018 were owned as of the beginning of each of the periods presented. Unless otherwise stated, all reported results compare the fourth qu
Feb 27, 2019 07:00 am ET
Ashford Trust Completes Acquisition Of The Hilton Santa Cruz/Scotts Valley For $50 Million
DALLAS, Feb. 27, 2019 /PRNewswire/ --
Feb 14, 2019 07:25 am ET
Report: Developing Opportunities within Akamai Technologies, Zynga, Ashford Hospitality Trust, Sanmina, Methode Electronics, and MKS Instruments — Future Expectations, Projections Moving into 2019
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Akamai Technologies, Inc. (NASDAQ:AKAM), Zynga Inc. (NASDAQ:ZNGA), Ashford...
Jan 28, 2019 07:00 am ET
Ashford Trust Announces Tax Reporting Information for 2018 Common and Preferred Share Distributions
DALLAS, Jan. 28, 2019 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) today announced the tax reporting (Federal Form 1099-DIV) information for the 2018 distributions on its common shares and its Series D, F, G, H and I preferred shares.
Jan 23, 2019 07:00 am ET
Ashford Trust Completes Acquisition Of The Embassy Suites New York Midtown Manhattan For $195 Million
DALLAS, Jan. 23, 2019 /PRNewswire/ --
Dec 31, 2018 07:00 am ET
Ashford Trust Sets Fourth Quarter Earnings Release and Conference Call Dates
DALLAS, Dec. 31, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2018.
Dec 10, 2018 07:00 am ET
Ashford Trust Declares Dividends For Fourth Quarter Of 2018 And Issues Guidance For 2019 Dividends
DALLAS, Dec. 10, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per diluted share for the Company's common stock for the fourth quarter ending December 31, 2018. The dividend, which equates to an annual rate of $0.48 per share, is payable on January 15, 2019, to shareholders of record as of December 31, 2018.
Nov 13, 2018 07:00 am ET
Ashford Trust Completes $25 Million Financing for La Posada de Santa Fe
DALLAS, Nov. 13, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has secured a $25 million property-level mortgage financing for the recently-acquired La Posada de Santa Fe in Santa Fe, New Mexico.
Nov 07, 2018 08:25 am ET
Analysis: Positioning to Benefit within Verisk Analytics, Annaly Capital Management, Oshkosh, Harsco, Duke Energy, and Ashford Hospitality Trust — Research Highlights Growth, Revenue, and Consolidated
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Verisk Analytics, Inc. (NASDAQ:VRSK), Annaly Capital Management Inc...
Nov 01, 2018 04:15 pm ET
Ashford Reports Third Quarter Results
DALLAS, Nov. 1, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today reported the following results and performance measures for the third quarter ended September 30, 2018. Unless otherwise stated, all reported results compare the third quarter ended September 30, 2018, with the third quarter ended September 30, 2017 (see discussion below). The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release.
Nov 01, 2018 04:15 pm ET
Ashford Trust Reports Third Quarter 2018 Results
DALLAS, Nov. 1, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today reported financial results and performance measures for the third quarter ended September 30, 2018. The comparable performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA assume each of the hotel properties in the Company's hotel portfolio as of September 30, 2018 were owned as of the beginning of each of the periods presented. Unless otherwise stated, all reported results compare the third quarter ended Sep
Oct 31, 2018 05:15 pm ET
Ashford Trust Completes Acquisition of the La Posada de Santa Fe Hotel
DALLAS, Oct. 31, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has completed the previously announced acquisition of La Posada de Santa Fe ("La Posada") located in Santa Fe, New Mexico, for total consideration of $50 million. This acquisition is the second transaction to benefit from the Enhanced Return Funding Program (the "Program") with Ashford Inc. (NYSE American: AINC). In connection with the acquisition of La Posada, Ashford Inc. will provide Ashford Trust with $5 million of cash via the future purchase of
Oct 09, 2018 08:00 am ET
Ashford Trust Announces Agreement to Acquire the La Posada de Santa Fe for $50 Million
DALLAS, Oct. 9, 2018 /PRNewswire/ --
Oct 05, 2018 07:30 am ET
Investor Expectations to Drive Momentum within The Charles Schwab, R.R. Donnelley & Sons, TD Ameritrade Holding, Ashford Hospitality Trust, Ringcentral, and Noble Energy — Discovering Underlying Facto
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The Charles Schwab Corporation (NYSE:SCHW), R.R. Donnelley Sons Company...
Oct 01, 2018 08:00 am ET
Ashford Trust To Host Investor & Analyst Day
DALLAS, Oct. 1, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it will host an Investor & Analyst Day in New York City on Tuesday, October 2, 2018 at The St. Regis Hotel.
Sep 27, 2018 04:05 pm ET
Ashford Trust Sets Third Quarter Earnings Release and Conference Call Dates
DALLAS, Sept. 27, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2018.
Sep 14, 2018 08:00 am ET
Ashford Trust Declares Dividends for Third Quarter of 2018
DALLAS, Sept. 14, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per diluted share for the Company's common stock for the third quarter ending September 30, 2018. The dividend, which equates to an annual rate of $0.48 per share, is payable on October 15, 2018, to shareholders of record as of September 28, 2018.
Aug 09, 2018 04:15 pm ET
Ashford Reports Second Quarter Results
DALLAS, Aug. 9, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today reported the following results and performance measures for the second quarter ended June 30, 2018. Unless otherwise stated, all reported results compare the second quarter ended June 30, 2018, with the second quarter ended June 30, 2017 (see discussion below). The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release.
Aug 08, 2018 04:05 pm ET
Ashford Announces Stockholder Approval And Closing Of Acquisition Of Remington's Project Management Business
DALLAS, Aug. 8, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) (the "Company") today announced it has completed its previously announced acquisition of Remington Holdings, L.P.'s ("Remington") Project Management business. The transaction represents a significant milestone in Ashford's strategy, adding scale, diversification and an enhanced competitive position in the hospitality industry by expanding the breadth of services the Company offers to its advised REITs and other hospitality companies. Also, the income from the Project Management business is a crucial component of the Com
Aug 02, 2018 04:15 pm ET
Ashford Trust Reports Second Quarter 2018 Results
DALLAS, Aug. 2, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today reported financial results and performance measures for the second quarter ended June 30, 2018. The performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA are comparable assuming each of the hotel properties in the Company's hotel portfolio as of June 30, 2018 were owned as of the beginning of each of the periods presented. Unless otherwise stated, all reported results compare the second quarter ended June
Jul 02, 2018 08:00 am ET
Ashford Trust Completes Acquisition Of The Hilton Alexandria Old Town
DALLAS, July 2, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has completed the previously disclosed acquisition of the 252-room Hilton Alexandria Old Town located in Alexandria, Virginia, for total consideration of $111 million.
Jun 29, 2018 08:00 am ET
Ashford Trust Sets Second Quarter Earnings Release and Conference Call Dates
DALLAS, June 29, 2018 /PRNewswire/ -- 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, 2018.
Jun 29, 2018 08:00 am ET
Report: Exploring Fundamental Drivers Behind Ashford Hospitality Trust, Apogee Enterprises, Airgain, Cabot, AutoZone, and LCI Industries — New Horizons, Emerging Trends, and Upcoming Developments
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Ashford Hospitality Trust Inc (NYSE:AHT), Apogee Enterprises, Inc....
Jun 26, 2018 04:15 pm ET
Ashford Inc. Announces New Enhanced Return Funding Program Agreement With Ashford Hospitality Trust
DALLAS, June 26, 2018 /PRNewswire/ --
Jun 26, 2018 04:15 pm ET
Ashford Trust Announces Enhanced Return Funding Program With Ashford Inc. And Agreement To Acquire The Hilton Alexandria Old Town
DALLAS, June 26, 2018 /PRNewswire/ --
Jun 15, 2018 08:00 am ET
Ashford Trust Completes Refinancing Of 34 Hotels
DALLAS, June 15, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has successfully refinanced seven mortgage loans with existing outstanding balances totaling approximately $1.07 billion. The previous mortgage loans that were refinanced were the MIP Portfolio loan with a final maturity date in February 2019, the Morgan Stanley Pool A loan with a final maturity date in August 2019, the Morgan Stanley Pool B loan with a final maturity date in August 2019, the Marriott Memphis loan with a final maturity date in April 20
Jun 05, 2018 01:00 pm ET
Ashford Trust Declares Dividends For Second Quarter Of 2018
DALLAS, June 5, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per diluted share for the Company's common stock for the second quarter ending June 30, 2018. The dividend, which equates to an annual rate of $0.48 per share, is payable on July 16, 2018, to shareholders of record as of June 29, 2018.
May 17, 2018 07:55 am ET
Consolidated Research: 2018 Summary Expectations for TrueCar, Roadrunner Transportation, Eldorado Gold, Neogen, Ashford Hospitality Trust, and Trustmark — Fundamental Analysis, Key Performance Indicat
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of TrueCar, Inc. (NASDAQ:TRUE), Roadrunner Transportation Systems, Inc...
May 14, 2018 08:00 am ET
Ashford Trust Announces Sale Of The Residence Inn Tampa For $24 Million
DALLAS, May 14, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has completed the sale of the 109-room Residence Inn Tampa Downtown in Tampa, Florida for $24 million ($220,000 per key). The sales price represents a trailing twelve-month cap rate of 7.6% on net operating income and an 11.8x Hotel EBITDA multiple as of March 31, 2018.
May 03, 2018 04:15 pm ET
Ashford Reports First Quarter Results
DALLAS, May 3, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) (the "Company") today reported the following results and performance measures for the first quarter ended March 31, 2018. Unless otherwise stated, all reported results compare the first quarter ended March 31, 2018, with the first quarter ended March 31, 2017 (see discussion below). The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release.
May 03, 2018 04:15 pm ET
Ashford Trust Reports First Quarter 2018 Results
DALLAS, May 3, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today reported financial results and performance measures for the first quarter ended March 31, 2018. The performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA are comparable assuming each of the hotel properties in the Company's hotel portfolio as of March 31, 2018 were owned as of the beginning of each of the periods presented. Unless otherwise stated, all reported results compare the first quarter ended March
Apr 09, 2018 05:15 pm ET
Ashford Trust Completes Refinancing of 22-Hotel Portfolio
DALLAS, April 9, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has successfully refinanced a mortgage loan with an existing outstanding balance totaling approximately $972 million. The previous mortgage loan that was refinanced was the Highland Pool loan with a final maturity date in April 2021. The new loan totals $985 million and is expected to result in annual interest savings of approximately $11 million.
Apr 09, 2018 08:00 am ET
Ashford Announces Definitive Agreement To Acquire Remington's Project Management Division
DALLAS, April 9, 2018 /PRNewswire/ --
Apr 03, 2018 08:00 am ET
Ashford Trust Sets First Quarter Earnings Release and Conference Call Dates
DALLAS, April 3, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2018.
Apr 02, 2018 08:00 am ET
Ashford Mourns the Death of Long-Time Executive David A. Brooks
DALLAS, April 2, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced with great sadness the passing of long-time executive David A. Brooks, who served in multiple leadership roles with the Company and its advised platforms since 2003. He was 58.
Mar 15, 2018 11:30 am ET
Ashford Trust Declares Dividends For First Quarter Of 2018
DALLAS, March 15, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per diluted share for the Company's common stock for the first quarter ending March 31, 2018. The dividend, which equates to an annual rate of $0.48 per share, is payable on April 16, 2018, to shareholders of record as of March 30, 2018.
Mar 12, 2018 04:15 pm ET
Ashford Announces Senior Management Promotions
DALLAS, March 12, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) (the "Company") today announced several senior management promotions and changes in executive titles at Ashford as well as the Company's two advised REIT platforms, Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or "Trust") and Ashford Hospitality Prime, Inc. (NYSE: AHP) ("Ashford Prime" or "Prime"), effective immediately.
Mar 01, 2018 04:50 pm ET
Ashford Reports Fourth Quarter And Year End 2017 Results
DALLAS, March 1, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) (the "Company") today reported the following results and performance measures for the fourth quarter ended December 31, 2017. Unless otherwise stated, all reported results compare the fourth quarter ended December 31, 2017, with the fourth quarter ended December 31, 2016 (see discussion below). The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release.
Mar 01, 2018 04:15 pm ET
Ashford Trust Reports Fourth Quarter And Year End 2017 Results
DALLAS, March 1, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today reported financial results and performance measures for the fourth quarter ended December 31, 2017. The performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA are comparable assuming each of the hotel properties in the Company's hotel portfolio as of December 31, 2017, were owned as of the beginning of each of the periods presented. Unless otherwise stated, all reported results compare the fourth quarter e
Feb 23, 2018 07:40 am ET
New Research: Key Drivers of Growth for Ashford Hospitality Trust, Southwest Gas, Stoneridge, Ionis Pharmaceuticals, Alder BioPharmaceuticals, and Robert Half International — Factors of Influence, Maj
NEW YORK, Feb. 23, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Ashford Hospitality Trust Inc (NYSE:AHT), Southwest...
Feb 20, 2018 03:15 pm ET
Ashford Trust Launches Interactive Analyst Center On Its Investor Relations Website
DALLAS, Feb. 20, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced the launch of enhanced functionality to the investor relations portion of its website (http://www.ahtreit.com) designed to enable investors and analysts to easily view, chart and download the Company's historical financials and operating metrics.
Jan 29, 2018 07:00 am ET
Ashford Trust Announces Tax Reporting Information For 2017 Common And Preferred Share Distributions
DALLAS, Jan. 29, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) today announced the tax reporting (Federal Form 1099-DIV) information for the 2017 distributions on its common shares and its Series A, D, F, G and H preferred shares.
Jan 17, 2018 03:15 pm ET
Ashford Trust Completes Refinancing of 8-Hotel Portfolio
DALLAS, Jan. 17, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has successfully refinanced a mortgage loan with an existing outstanding balance of approximately $377 million. The previous mortgage loan that was refinanced was the BAML 1 & 2 Pool loan with a final maturity date in January 2020. The new loan totals $395 million and is expected to result in annual interest savings of approximately $6.5 million.
Jan 03, 2018 07:00 am ET
Ashford Trust Sets Fourth Quarter Earnings Release and Conference Call Dates
DALLAS, Jan. 3, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2017.
Dec 11, 2017 07:00 am ET
Ashford Trust Declares Dividends For Fourth Quarter Of 2017 And Issues Guidance For 2018 Dividends
DALLAS, Dec. 11, 2017 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per diluted share for the Company's common stock for the fourth quarter ending December 31, 2017. The dividend, which equates to an annual rate of $0.48 per share, is payable on January 16, 2018, to shareholders of record as of December 29, 2017.
Dec 06, 2017 07:30 am ET
Report: Developing Opportunities within Ionis Pharmaceuticals, Alder BioPharmaceuticals, Robert Half International, Ashford Hospitality Trust, Southwest Gas, and Stoneridge — Future Expectations, Proj
NEW YORK, Dec. 06, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Ionis Pharmaceuticals, Inc. (NASDAQ:IONS), Alder BioPharmaceuticals,...
Nov 08, 2017 05:33 pm ET
Ashford Trust Announces Partial Redemption Of Series D Preferred Stock
DALLAS, Nov. 8, 2017 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it intends to redeem 5,135,924 shares of its 8.45% Series D Cumulative Preferred Stock (CUSIP No. 044103406) (the "Redeemed Stock"). All shares of Redeemed Stock will be redeemed in accordance with the applicable procedures of the Depository Trust Company. The shares of Series D Preferred Stock will be redeemed pro rata from the holders of record of such shares in proportion to the number of such shares held by such holders. The redemption of the Redeeme
Nov 08, 2017 05:31 pm ET
Ashford Trust Prices Public Offering Of Preferred Stock
DALLAS, Nov. 8, 2017 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has priced its underwritten public offering of 5,400,000 shares of 7.50% Series I Cumulative Preferred Stock (the "Preferred Stock") at $25.00 per share. Dividends on the Preferred Stock will accrue at a rate of 7.50% per annum on the liquidation preference of $25.00 per share. Settlement of the offering is expected to occur on or about November 17, 2017. The underwriters have been granted an option to purchase an additional 810,000 shares as part of th
Nov 02, 2017 05:15 pm ET
Ashford Reports Third Quarter 2017 Results
DALLAS, Nov. 2, 2017 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) (the "Company") today reported the following results and performance measures for the third quarter ended September 30, 2017. Unless otherwise stated, all reported results compare the third quarter ended September 30, 2017, with the third quarter ended September 30, 2016 (see discussion below). The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release.
Nov 02, 2017 05:15 pm ET
Ashford Trust Reports Third Quarter 2017 Results
DALLAS, Nov. 2, 2017 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today reported financial results and performance measures for the third quarter ended September 30, 2017. The performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA are comparable assuming each of the hotel properties in the Company's hotel portfolio as of September 30, 2017 were owned as of the beginning of each of the periods presented. Unless otherwise stated, all reported results compare the third quarter end
Oct 31, 2017 06:30 pm ET
Ashford Trust Completes Refinancing Of 17-Hotel Portfolio
DALLAS, Oct. 31, 2017 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has successfully refinanced a mortgage loan with an existing outstanding balance totaling approximately $413 million. The previous mortgage loan that was refinanced was the BAML 17 Pool loan with a final maturity date in December 2021. The new loan totals $427 million and is expected to result in annual interest savings of approximately $9.8 million.
Oct 30, 2017 05:15 pm ET
Ashford Trust Completes Refinancing Of The Hilton Boston Back Bay
DALLAS, Oct. 30, 2017 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has successfully refinanced the mortgage loan on the Hilton Boston Back Bay with an existing outstanding balance totaling approximately $95 million and a final maturity date in January 2018. The new loan totals $97 million with a five-year term. The new loan is non-recourse, provides for a floating interest rate of LIBOR + 2.00%, and continues to be secured by the Hilton Boston Back Bay. This financing is estimated to result in annual interest and pri
Oct 02, 2017 09:00 am ET
Ashford Trust To Host Investor & Analyst Day
DALLAS, Oct. 2, 2017 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it will host an Investor & Analyst Day in New York City on Tuesday, October 3, 2017 at The St. Regis Hotel.
Sep 29, 2017 09:00 am ET
Ashford Trust Sets Third Quarter Earnings Release and Conference Call Dates
DALLAS, Sept. 29, 2017 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2017.
Sep 14, 2017 09:00 am ET
Ashford Trust Declares Dividends For Third Quarter Of 2017
DALLAS, Sept. 14, 2017 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per diluted share for the Company's common stock for the third quarter ending September 30, 2017. The dividend, which equates to an annual rate of $0.48 per share, is payable on October 16, 2017, to shareholders of record as of September 30, 2017.
Sep 13, 2017 10:42 pm ET
Ashford Trust Provides Update On Hurricane Irma
DALLAS, Sept. 13, 2017 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that after preliminary inspections, the Company's hotels in the path of Hurricane Irma did not sustain any significant damage with a few properties sustaining minor damage. All of the Company's properties are open and operating. The affected hotels in Florida represented approximately 13% of the Company's year-to-date Hotel EBITDA through the second quarter.
Sep 05, 2017 09:00 am ET
Ashford Trust Announces Partial Redemption Of Series D Preferred Stock
DALLAS, Sept. 5, 2017 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it intends to redeem 379,036 shares of its 8.45% Series D Cumulative Preferred Stock (CUSIP No. 044103406) (the "Redeemed Stock"). All shares of Redeemed Stock will be redeemed in accordance with the applicable procedures of the Depository Trust Company. The shares of Redeemed Stock will be redeemed pro rata from the holders of record of such shares in proportion to the number of such shares held by such holders. The redemption of the Redeemed Stock is c
Aug 16, 2017 07:56 pm ET
Ashford Trust Announces Redemption of Series A and Partial Redemption of Series D Preferred Stock
DALLAS, Aug. 16, 2017 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it intends to redeem all of its issued and outstanding shares of 8.55% Series A Cumulative Preferred Stock (CUSIP No. 044103208) (the "Series A Preferred Stock") and 1,564,353 shares of its 8.45% Series D Cumulative Preferred Stock (CUSIP No. 044103406) (the "Redeemed Series D Preferred Stock" and, together with the Series A Preferred Stock, the "Redeemed Stock"). All shares of Redeemed Stock will be redeemed in accordance with the applicable procedur
Aug 16, 2017 07:55 pm ET
Ashford Trust Prices Public Offering Of Preferred Stock
DALLAS, Aug. 16, 2017 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has priced its underwritten public offering of 3,400,000 shares of 7.50% Series H Cumulative Preferred Stock (the "Preferred Stock") at $25.00 per share. Dividends on the Preferred Stock will accrue at a rate of 7.50% per annum on the liquidation preference of $25.00 per share. Settlement of the offering is expected to occur on or about August 25, 2017. The underwriters have been granted an option to purchase an additional 510,000 shares as part of thi
Aug 03, 2017 05:15 pm ET
Ashford Reports Second Quarter 2017 Results
DALLAS, Aug. 3, 2017 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) (the "Company") today reported the following results and performance measures for the second quarter ended June 30, 2017. Unless otherwise stated, all reported results compare the second quarter ended June 30, 2017, with the second quarter ended June 30, 2016 (see discussion below). The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release.
Aug 03, 2017 05:15 pm ET
Ashford Trust Reports Second Quarter 2017 Results
DALLAS, Aug. 3, 2017 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today reported financial results and performance measures for the second quarter ended June 30, 2017. The performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA are comparable assuming each of the hotel properties in the Company's hotel portfolio as of June 30, 2017 were owned as of the beginning of each of the periods presented. Unless otherwise stated, all reported results compare the second quarter ended June
Jul 25, 2017 05:30 pm ET
Ashford Announces Agreement For Strategic Investment In Leading Provider Of Integrated Audio Visual Services To The Hospitality And Corporate Industries
DALLAS, July 25, 2017 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that it has agreed to acquire a controlling interest in a privately held company that conducts the business of J&S Audio Visual in the United States, Mexico, and the Dominican Republic ("J&S") for approximately $17.1 million in cash and $4.3 million of Ashford common stock consideration (excluding transaction costs and working capital adjustments), subject to certain closing conditions. The transaction is expected to close in the third quarter. J&S provides an i
Jun 30, 2017 09:00 am ET
Ashford Trust Sets Second Quarter Earnings Release And Conference Call Dates
DALLAS, June 30, 2017 /PRNewswire/ -- 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, 2017.
Jun 29, 2017 05:30 pm ET
Ashford Trust Announces Sale Of Crowne Plaza Ravinia
DALLAS, June 29, 2017 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has completed the sale of the 495-room Crowne Plaza Ravinia in Atlanta, Georgia for $88.7 million ($179,000 per key). The sales price represents a trailing 12-month cap rate of 5.6% on net operating income and a trailing 15.3x EBITDA multiple.
Jun 14, 2017 09:00 am ET
Ashford Trust Declares Dividends For Second Quarter Of 2017
DALLAS, June 14, 2017 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per diluted share for the Company's common stock for the second quarter ending June 30, 2017. The dividend, which equates to an annual rate of $0.48 per share, is payable on July 17, 2017, to shareholders of record as of June 30, 2017.
Jun 05, 2017 09:00 am ET
Ashford Trust To Present At NAREIT's REITWeek 2017
DALLAS, June 5, 2017 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it will provide an online audio simulcast of its presentation to the investment community at REITWeek: 2017 NAREIT's Investor Forum, to be held June 6-8 in New York City at the New York Hilton Midtown. The presentation will take place on Wednesday, June 7, 2017, at 3:30 p.m. ET.
May 24, 2017 06:05 pm ET
Ashford Trust Completes Refinancing Of Hotel Indigo Atlanta
DALLAS, May 24, 2017 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has successfully refinanced the mortgage loan secured by the Hotel Indigo Atlanta Midtown with an existing outstanding balance totaling approximately $15.6 million and a final maturity date in June 2017. The new non-recourse loan totals $16.1 million with a three-year term and two, one-year extension options subject to the satisfaction of certain conditions. The loan carries an interest rate of LIBOR + 2.90% and is interest only for the first two years
May 10, 2017 05:15 pm ET
Ashford Trust Announces Redevelopment And Acquisition Of Fee Interest In Conference Facility At Renaissance Nashville
DALLAS, May 10, 2017 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today details for the redevelopment and acquisition of the meeting space at its Renaissance Nashville hotel (the "Renaissance" or "Hotel").
May 04, 2017 05:15 pm ET
Ashford Reports First Quarter 2017 Results
DALLAS, May 4, 2017 /PRNewswire/ -- Ashford (NYSE MKT: AINC) (the "Company") today reported the following results and performance measures for the first quarter ended March 31, 2017. For the first quarter, the Company has consolidated the financial position and operating results of the private investment funds managed by Ashford Investment Management. The financial impact from this consolidation is adjusted out of the Company's financials through the noncontrolling interests in consolidated entities line items on the Company's income statement and balance sheet. Unless otherwise stated, a
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