---
schema_version: "secwatch.filing_event.v1"
accession: "0001232582-24-000076"
form_type: "8-K"
ticker: "AHT"
cik: "0001232582"
company_name: "ASHFORD HOSPITALITY TRUST INC"
filed_at: "2024-06-13T23:59:59+00:00"
generated_at: "2026-06-01T04:32:48.539988+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Ashford Hospitality Trust sells two Kennesaw hotels for $17.5M

## Summary
- Sold 90-room SpringHill Suites and 86-room Fairfield Inn for $17.5M total.
- Sale price represents 4.8% cap rate on trailing 12-month NOI through April 2024.
- Hotels had $10.8M outstanding mortgage loan; net proceeds used for corporate purposes including pay down of strategic financing.

## SEC filing metadata
- accession: 0001232582-24-000076
- form_type: 8-K
- ticker: AHT
- cik: 0001232582
- company_name: ASHFORD HOSPITALITY TRUST INC
- filed_at: 2024-06-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1232582/000123258224000076/0001232582-24-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1232582/000123258224000076/aht-20240610.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001232582-24-000076
- JSON: https://secwatch.observer/filing/0001232582-24-000076.json
- Plain text: https://secwatch.observer/filing/0001232582-24-000076.txt

## Key facts
- M&A Transactions
  ASHFORD HOSPITALITY TRUST INC completed a disposition involving Shivram Inc. and Jasper Hospitality, LLC for $7 million in cash (closed 2024-06-10).
  - Action: disposition
  - Counterparty: Shivram Inc. and Jasper Hospitality, LLC
  - Consideration: $7 million in cash
  - Closing: 2024-06-10
  source text: On June 10, 2024, Ashford Kennesaw I LP, an indirect wholly owned subsidiary of the Company, completed the sale of the Fairfield Inn located in Kennesaw, Georgia pursuant to an Agreement of Purchase and Sale, entered into effective as of February 26, 2024, by and among Ashford Kennesaw I LP, as seller, and Shivram Inc. and Jasper Hospitality, LLC, as purchaser, for $7 million in cash, subject to customary pro-rations and adjustments.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1232582/000123258224000076/0001232582-24-000076-index.htm
- M&A Transactions
  ASHFORD HOSPITALITY TRUST INC completed a disposition involving Pulse Kennesaw II LLC for $10.5 million in cash (closed 2024-06-10).
  - Action: disposition
  - Counterparty: Pulse Kennesaw II LLC
  - Consideration: $10.5 million in cash
  - Closing: 2024-06-10
  source text: On June 10, 2024, Ashford Kennesaw II LP, an indirect wholly owned subsidiary of the Company, completed the sale of SpringHill Suites located in Kennesaw, Georgia pursuant to an Agreement of Purchase and Sale, entered into effective as of February 26, 2024, by and between Ashford Kennesaw II LP, as seller, and Pulse Kennesaw II LLC, as purchaser, for $10.5 million in cash, subject to customary pro-rations and adjustments.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1232582/000123258224000076/0001232582-24-000076-index.htm

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