# Ashford Hospitality Trust

> Ashford Hospitality Trust is a publicly traded hotel REIT focused predominantly on upper upscale, full-service hotels in the United States. Externally advised by Ashford Inc., it earns hotel operating revenue and manages property investment, asset sales and financing; its recent strategy combines operating improvements with debt reduction.

- **Founded:** 2003
- **Headquarters:** Dallas, United States
- **Founders:** Monty J. Bennett (Founder and Chairman; former CEO)
- **Products:** Branded hotel accommodation, Hotel meeting, dining and event facilities, Public hotel real estate investment, Portfolio asset management
- **Notable:** Began operations with six hotels in August 2003., Repaid the Oaktree corporate financing in February 2025., The 2026 proxy reports $44.6 million of 2025 P&L improvement from GRO AHT against a $25 million annual target; this differs from the original $50 million run-rate ambition.

## Products & services

- **Branded hotel accommodation** — Owned properties serve business, leisure and group travel under brands including Marriott and Hilton; third-party operators and brand agreements support hotel operations.
- **Hotel meeting, dining and event facilities** — Full-service hotels generate food-and-beverage and other hotel revenue alongside room revenue.
- **Public hotel real estate investment** — NYSE-listed common stock under AHT provides exposure to a managed portfolio of hotel real estate and its financing risks.
- **Portfolio asset management** — Owner-side oversight of property performance, capital projects, acquisitions, sales and mortgage financing; this is an internal investment capability rather than a separately marketed software product.

## Achievements

- Began operations with six hotels in August 2003.
- Repaid the Oaktree corporate financing in February 2025.
- The 2026 proxy reports $44.6 million of 2025 P&L improvement from GRO AHT against a $25 million annual target; this differs from the original $50 million run-rate ambition.

## Latest updates

- **2026-10** — On October 20 the company announced approximately $17 million in six-month advisory-fee relief, an advisor commitment to buy 2.5% of outstanding common shares quarterly for up to three years subject to agreement terms, and termination of its ATM equity program.
- **2026-08** — Second-quarter results reported improving comparable hotel performance while preferred dividends and redemptions remained suspended. The company also reported completion of the Highland refinancing.
- **2026-04** — Announced four completed hotel sales and two signed sale agreements, emphasizing mortgage repayment and avoided capital investment.

## Links

- Website: https://www.ahtreit.com/
- LinkedIn: https://www.linkedin.com/company/ashford-hospitality-trust/
- Twitter/X: https://twitter.com/AshfordTrust
- Facebook: https://facebook.com/profile.php?id=155748671127309

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Profile page: https://yespress.io/ashford-hospitality-trust
Published by YesPress — https://yespress.io
Last updated: 2026-10-23