M&A
confidence high
sentiment positive
materiality 0.65
Ashford Hospitality Trust sells Hyatt Regency Savannah for $158M cash
ASHFORD HOSPITALITY TRUST INC
- Sold 351-room Hyatt Regency Savannah for $158M cash; net proceeds ~$157.6M after selling expenses.
- Used ~$159M to repay mortgage loan secured by 16 hotels including Hyatt Savannah.
- Pro forma net debt reduced by ~$96.7M; total equity improved by ~$105.5M.
- Pro forma net loss attributable to common stockholders for 2025 improved from -$215M to -$130.8M.
- Sale closed June 30, 2026; buyer was C&C Bay Hotel Owner, LLC.