---
schema_version: "secwatch.filing_event.v1"
accession: "0001232582-24-000050"
form_type: "8-K"
ticker: "AHT"
cik: "0001232582"
company_name: "ASHFORD HOSPITALITY TRUST INC"
filed_at: "2024-04-10T23:59:59+00:00"
generated_at: "2026-06-04T00:18:21.742999+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ashford Hospitality Trust sells Hilton Boston Back Bay for $171M; pays down strategic financing

## Summary
- Sale price $171M ($438k per key) for 390-room Hilton Boston Back Bay; proceeds used for debt reduction.
- $68M used to pay down strategic financing; remaining balance ~$112M.
- Company plans regular paydowns with proceeds from non-traded preferred stock and other asset sales.
- Pro forma financials show net sale proceeds of ~$167M after expenses; hotel removed from balance sheet.
- Several other assets in market at various stages of sales process.

## SEC filing metadata
- accession: 0001232582-24-000050
- form_type: 8-K
- ticker: AHT
- cik: 0001232582
- company_name: ASHFORD HOSPITALITY TRUST INC
- filed_at: 2024-04-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1232582/000123258224000050/0001232582-24-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1232582/000123258224000050/aht-20240409.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001232582-24-000050
- JSON: https://secwatch.observer/filing/0001232582-24-000050.json
- Plain text: https://secwatch.observer/filing/0001232582-24-000050.txt

## Key facts
- M&A Transactions
  ASHFORD HOSPITALITY TRUST INC completed a disposition involving Beantown Hotel Owner LLC for $171 million in cash (closed 2024-04-09).
  - Action: disposition
  - Counterparty: Beantown Hotel Owner LLC
  - Consideration: $171 million in cash
  - Closing: 2024-04-09
  source text: On April 9, 2024, PIM Boston Back Bay LLC and PIM TRS Boston Back Bay LLC (the "Sellers"), indirect, wholly-owned subsidiaries of Ashford Hospitality Trust, Inc. (the "Company"), completed the sale of the Hilton Boston Back Bay hotel pursuant to an Agreement of Purchase and Sale, dated as of January 29, 2024, by and between the Sellers and Beantown Hotel Owner LLC, for $171 million in cash, subject to customary pro-rations and adjustments.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1232582/000123258224000050/0001232582-24-000050-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.