ASHFORD HOSPITALITY TRUST INC (AHT): M&A transaction — Ashford Hospitality sells Embassy Suites Austin for $13.5M; net proceeds $13.2M

ASHFORD HOSPITALITY TRUST INC

Closed sale of 150-room Embassy Suites Austin on Feb 17, 2026; total cash consideration $13.5M.
Net proceeds of ~$13.2M after selling expenses; used ~$13.0M to repay mortgage secured by 13 hotels.
Pro forma removal reduces total assets by ~$18.7M and annual revenue by ~$6.3M (2024).
Estimated non-recurring pro forma gain of $4.25M for the year ended Dec 31, 2024.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

ASHFORD HOSPITALITY TRUST INC completed a disposition involving Galleria Lodging, LP and Arboretum Lodging for $13.5 million in cash (closed 2026-02-17).

Action: disposition
Counterparty: Galleria Lodging, LP and Arboretum Lodging
Consideration: $13.5 million in cash
Closing: 2026-02-17

Exact text from the filing

On February 17, 2026, Ashford Austin LP, an indirect subsidiary of Ashford Hospitality Trust, Inc. (the “ Company ”), completed the sale of the Embassy Suites Austin in Austin, Texas pursuant to an Agreement of Purchase and Sale, dated as of November 11, 2025, by and between New Houston Hotel Limited Partnership and Ashford Austin LP, collectively as seller, and Galleria Lodging, LP and Arboretum Lodging, collectively as purchaser, for $13.5 million in cash, subject to customary pro-rations and adjustments.

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Source: SEC EDGAR

accession 0001232582-26-000019

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