Ashford Hospitality Trust sells two hotels for combined $33M; cap rate ~1.3% on NOI

ASHFORD HOSPITALITY TRUST INC

Hilton Houston NASA Clear Lake sold for $27M; Residence Inn Evansville East sold for $6M.
Combined sale price represents 1.3% cap rate (adj. for capex) or 45.3x Hotel EBITDA (12 months to July 31, 2025).
CEO Stephen Zsigray says sales deleverage platform, improve MS 17 loan pool coverage, and increase cash flow after debt service.
Company plans to pursue similar opportunistic sales in coming months.

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