secwatch.observer — SEC 8-K summary
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Issuer:     ASHFORD HOSPITALITY TRUST INC (AHT)
CIK:        0001232582
Form:       8-K
Filed at:   2026-05-22T20:20:22+00:00
Accession:  0001232582-26-000127
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ashford Hospitality Trust sells Lakeway Resort & Spa for $37.75M cash
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- Sold 168-room Lakeway Resort and Spa in Austin, TX to Trestle Studio LLC for $37.75M gross, net of ~$0.5M expenses.
- Proceeds used to repay $36.3M on mortgage loan secured by 16 hotels including Lakeway; loan balance reduced by $3.3M.
- Pro forma shows removal of Lakeway assets ($22.7M) and liabilities ($34.6M); preliminary non-recurring gain of $15.3M for FY2025.
- Sale completed May 19, 2026; net cash impact of $37.2M after expenses and working capital adjustments.
- Transaction removes Lakeway's annual revenue of ~$13.6M and hotel expenses of ~$10.6M from ongoing operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1232582/000123258226000127/0001232582-26-000127-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1232582/000123258226000127/aht-20260519.htm
  HTML page:      https://secwatch.observer/filing/0001232582-26-000127

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