---
schema_version: "secwatch.filing_event.v1"
accession: "0001232582-26-000015"
form_type: "8-K"
ticker: "AHT"
cik: "0001232582"
company_name: "ASHFORD HOSPITALITY TRUST INC"
filed_at: "2026-02-18T23:59:59+00:00"
generated_at: "2026-05-16T01:57:36.106395+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Ashford Hospitality Trust subsidiaries default on $325M CMBS loan; lender accelerates full payment

## Summary
- On Feb 11, 2026, trustee demanded immediate payment of $325M principal plus default interest and fees.
- Default triggered by failure to make Required Debt Yield Principal Payment and Extension DI by Feb 9, 2026.
- Loan secured by eight hotels, including Embassy Suites Portland, Hilton Costa Mesa, and La Concha Key West.
- No cross-default provisions triggered on other subsidiary loans; parent company has no direct debt.
- Loan originally $395M in 2018, extended six times; outstanding balance $325M.

## SEC filing metadata
- accession: 0001232582-26-000015
- form_type: 8-K
- ticker: AHT
- cik: 0001232582
- company_name: ASHFORD HOSPITALITY TRUST INC
- filed_at: 2026-02-18T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.04
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1232582/000123258226000015/0001232582-26-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1232582/000123258226000015/aht-20260211.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001232582-26-000015
- JSON: https://secwatch.observer/filing/0001232582-26-000015.json
- Plain text: https://secwatch.observer/filing/0001232582-26-000015.txt

## Key facts
- Debt Financings
  ASHFORD HOSPITALITY TRUST INC faced acceleration on loan of $325,000,000 with Wilmington Trust, National Association (as Trustee).
  - Instrument: loan
  - Principal: $325,000,000
  - Counterparty: Wilmington Trust, National Association (as Trustee)
  - Event: acceleration
  source text: the Trust notified the Borrower that it was accelerating the Loan in full. Pursuant to the Notice Letter, the Trustee demanded immediate payment of the outstanding principal balance of $325,000,000, together with all accrued and unpaid interest, default rate interest, late fees, other obligations and amounts owed under the Loan Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1232582/000123258226000015/0001232582-26-000015-index.htm

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