Ashford Hospitality Trust sells 226-room Le Pavillon hotel in New Orleans for $42.5M

ASHFORD HOSPITALITY TRUST INC

Gross sale price of $42.5M cash; net proceeds ~$41.3M after expenses.
Company repaid the $37M mortgage loan secured by the hotel.
Pro forma net loss attributable to common stockholders improved from $136.7M to $112.6M for nine months ended Sep 30, 2025.
Buyer was 833 Poydras St. Prime Property, LLC; sale closed Dec 18, 2025.

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