Ashford Hospitality Trust extends Highland loan by $10M paydown, suspends preferred dividends

ASHFORD HOSPITALITY TRUST INC

Extended Highland mortgage loan secured by 18 hotels with a $10M paydown to $723.6M balance, maturing July 9, 2026.
Preferred dividends suspended on Series D, F, G, H, I, J, K, L and M stock, including previously declared Jan. 15, 2026 payment.
Company preserves liquidity while evaluating strategic alternatives; unpaid dividends will accrue per governing documents.
Loan balance now approximately 65% of appraised value; final maturity extended to July 9, 2026.

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