M&A
confidence high
sentiment neutral
materiality 0.45
Ashford Hospitality Trust sells Embassy Suites Dulles Airport for $22.8M
ASHFORD HOSPITALITY TRUST INC
- Sale closed Aug 24, 2026 to Woodland Park Road LLC; 150-room hotel in Herndon, VA.
- Gross proceeds ~$22.8M cash; net ~$22.3M after selling expenses; $20.6M repaid mortgage on 13-hotel pool.
- Pro forma FY2025 net loss attributable to common improves from -$215.0M to -$198.0M (incl. est. gain).
- Pro forma 6M 2026 net income to common ~$49.5M, roughly unchanged; gain preliminary, no other non-recurring items.