Ashford Hospitality Trust sells La Posada de Santa Fe for $57.5 million

ASHFORD HOSPITALITY TRUST INC

Sold 157-room La Posada de Santa Fe for $57.5M cash; net proceeds ~$56.8M after expenses.
Used ~$56M of proceeds to repay mortgage secured by La Posada and another property.
Disposition reduces hotel property gross assets by ~$53M; pro forma net debt lowered.
Buyer: Jay Land Ltd. Co.; transaction closed March 17, 2026.

item 2.01item 9.01

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