Ashford Hospitality Trust enters agreement to sell Hilton St. Petersburg Bayfront for $96M cash

ASHFORD HOSPITALITY TRUST INC

Sale price $96M cash; buyer Kolter Group Acquisitions LLC.
Initial $500K deposit became non-refundable on Feb 20, 2026; additional $1.9M due within 3 business days.
Closing expected in Q1 2026, subject to customary conditions.
Deposits will be applied to purchase price if transaction closes.

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