M&A
confidence high
sentiment positive
materiality 0.33
ASHFORD HOSPITALITY TRUST INC (AHT): M&A transaction — Ashford Hospitality sells Embassy Suites Dallas for $17M; nets $16.6M after expenses
ASHFORD HOSPITALITY TRUST INC
- Sold 150-room Embassy Suites Dallas Near the Galleria to DG Lodging for $17M cash on May 6, 2026.
- Net proceeds of ~$16.6M after selling expenses; used $16M to repay mortgage on 10-property pool.
- Pro forma FY2025 net loss attributable to common stockholders improves by $4.2M to $(207.5M).
- Asset removal reduces hotel property net by $12.3M and indebtedness net by $1.4M on pro forma balance sheet.