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.

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