Ashford Hospitality Trust enters agreements to sell two hotels for $153.5M total; closes two prior sales

ASHFORD HOSPITALITY TRUST INC

Definitive agreement to sell La Posada de Santa Fe (157 rooms) for $57.5M ($364K/key); closing expected March 2026.
Definitive agreement to sell Hilton St. Petersburg Bayfront (333 rooms) for $96M ($288K/key); closing expected March 2026.
Closed sales of Embassy Suites Houston Galleria and Austin Arboretum (300 rooms) for $27M ($90K/key) in gross proceeds.
Together, four sales expected to improve annual cash flow by >$2M and save $55.5M in future capital expenditures.
Proceeds primarily used to retire debt; company cites strong buyer demand and deleveraging strategy.

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