ASHFORD HOSPITALITY TRUST INC — fact timeline

ASHFORD HOSPITALITY TRUST INC completed a disposition involving Maco Properties, L.L.C. for $11.3 million in cash (closed 2026-06-11).

“On June 11, 2026, Ashford Jacksonville I LP, an indirect wholly owned subsidiary of Ashford Hospitality Trust, Inc. (the “Company”), completed the sale of the Hilton Garden Inn Jacksonville - Deerwood Park located in Jacksonville, Florida pursuant to an Agreement of Purchase and Sale, dated as of April 16, 2026, by and between Ashford Jacksonville I LP, as seller, and Maco Properties, L.L.C., as purchaser, for $11.3 million in cash, subject to customary pro-rations and adjustments.”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving Hotel Circle Holdings LLC for approximately $45.3 million in cash (closed 2026-06-09).

“On June 9, 2026, Ashford MV San Diego LP, an indirect wholly owned subsidiary of Ashford Hospitality Trust, Inc. (the “Company”), completed the sale of the Sheraton Mission Valley located in San Diego, California pursuant to an Agreement of Purchase and Sale, dated as of March 26, 2026, as amended, by and between Ashford MV San Diego LP, as seller, and Hotel Circle Holdings LLC, as purchaser, for approximately $45.3 million in cash, subject to customary pro-rations and adjustments.”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving SHH Chicago LLC for $16 million in cash (closed 2026-06-01).

“On June 1, 2026, HH Chicago LLC, an indirect wholly owned subsidiary of Ashford Hospitality Trust, Inc. (the “Company”), completed the sale of the Silversmith Hotel Chicago Downtown located in Chicago, Illinois pursuant to an Agreement of Purchase and Sale, dated as of April 8, 2026, by and between HH Chicago LLC, as seller, and SHH Chicago LLC, as purchaser, for $16 million in cash, subject to customary pro-rations and adjustments.”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving Keystone Realty Group LLC for gross purchase price of approximately $32.1 million (closed 2026-05-21).

“On May 21, 2026, New Indianapolis Downtown Hotel Limited Partnership, an indirect wholly owned subsidiary of Ashford Hospitality Trust, Inc. (the “Company”), completed the sale of the Sheraton Indianapolis City Centre Hotel located in Indianapolis, Indiana pursuant to an Agreement of Purchase and Sale, as of December 5, 2025, as amended, by and between New Indianapolis Downtown Hotel Limited Partnership, and Ashford TRS Lessee II LLC as seller, and Keystone Realty Group LLC, as purchaser, for a gross purchase price of approximately $32.1 million in cash, subject to purchaser credits of approximately $15.2 million, customary pro-rations and adjustments.”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving Trestle Studio LLC for $37.75 million in cash (closed 2026-05-19).

“On May 19, 2026, Ashford Lakeway LP, an indirect wholly owned subsidiary of Ashford Hospitality Trust, Inc. (the “Company”), completed the sale of the Lakeway Resort and Spa located in Austin, Texas pursuant to an Agreement of Purchase and Sale, dated as of February 10, 2026, as reinstated and amended by that certain Reinstatement and First Amendment to Agreement of Purchase and Sale, dated as of March 18, 2026, by and between Ashford Lakeway LP, as seller, and Trestle Studio LLC, as purchaser, for $37.75 million in cash, subject to customary pro-rations and adjustments.”

ASHFORD HOSPITALITY TRUST INC shareholders rejected Approve Amendment No. 6 to the Company’s 2021 Stock Incentive Plan at the 2026-05-12 meeting.

“Proposal Four – To approve Amendment No. 6 to the Company’s 2021 Stock Incentive Plan. This proposal was not approved by the votes indicated below: For Against Abstain Broker Non-Votes 587,906 1,662,867 57,058 1,487,171”

ASHFORD HOSPITALITY TRUST INC shareholders approved Ratify the appointment of BDO USA, P.C. as independent auditors at the 2026-05-12 meeting.

“Proposal Three – To ratify the appointment of BDO USA, P.C., a national public accounting firm, as the Company’s independent auditors for the fiscal year ending December 31, 2026. This proposal was approved by the votes indicated below: For Against Abstain 2,648,938 759,700 386,364”

ASHFORD HOSPITALITY TRUST INC shareholders rejected Advisory approval of the Company’s executive compensation at the 2026-05-12 meeting.

“Proposal Two – To obtain advisory approval of the Company’s executive compensation. This proposal was not approved by the votes indicated below: For Against Abstain Broker Non-Votes 463,623 1,807,515 36,693 1,487,171”

ASHFORD HOSPITALITY TRUST INC shareholders rejected To elect six nominees to the board of directors at the 2026-05-12 meeting.

“Proposal One – To elect six nominees to the board of directors of the Company (the “Board”) to hold office until the next annual meeting of stockholders and until their successors are duly elected and qualified: Name For Against Abstain Broker Non-Votes Monty J. Bennett 529,791 1,774,505 3,535 1,487,171 Amish Gupta 552,043 1,734,308 21,480 1,487,171 David W. Johnson 548,169 1,734,359 25,303 1,487,171 Frederick J. Kleisner 399,372 1,881,937 26,522 1,487,171 Sheri L. Pantermuehl 546,161 1,741,399 20,271 1,487,171 Stephen Zsigray 583,393 1,704,089 20,349 1,487,171”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving DG Lodging, LLC for $17 million in cash (closed 2026-05-06).

“On May 6, 2026, Ashford Dallas LP, an indirect subsidiary of Ashford Hospitality Trust, Inc. (the “Company”), completed the sale of the 150-room Embassy Suites by Hilton Dallas Near the Galleria located in Dallas, Texas pursuant to an Agreement of Purchase and Sale, dated as of March 26, 2026, by and between Ashford Dallas LP, as seller, and DG Lodging, LLC, as purchaser, for $17 million in cash, subject to customary pro-rations and adjustments.”

ASHFORD HOSPITALITY TRUST INC reported financial results for first quarter ended March 31, 2026.

“On May 11, 2026, Ashford Hospitality Trust, Inc. (the “Company”) issued a press release announcing its financial results for the first quarter ended March 31, 2026.”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving PBG Embassy Partners, LLC for $41 million in cash (closed 2026-04-07).

“On April 7, 2026, Palm Beach Florida Hotel and Office Building Limited Partnership, an indirect wholly owned subsidiary of Ashford Hospitality Trust, Inc. (the “Company”), completed the sale of the Embassy Suites by Hilton Palm Beach Gardens PGA Boulevard located in Palm Beach Gardens, Florida pursuant to an Agreement of Purchase and Sale, dated as of February 25, 2026, by and between Palm Beach Florida Hotel and Office Building Limited Partnership, as seller, and PBG Embassy Partners, LLC, as purchaser, for $41 million in cash, subject to customary pro-rations and adjustments.”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving Lodging Capital Partners LLC for $58 million in cash (closed 2026-03-31).

“On March 31, 2026, Ashford Alexandria LP, an indirect wholly owned subsidiary of Ashford Hospitality Trust, Inc. (the “Company”), completed the sale of the Hilton Alexandria Old Town located in Alexandria, Virginia pursuant to an Agreement of Purchase and Sale, dated as of February 25, 2026, by and between Ashford Alexandria LP and Ashford TRS Alexandria LLC, as seller, and Lodging Capital Partners LLC, as purchaser, for $58 million in cash, subject to customary pro-rations and adjustments.”

ASHFORD HOSPITALITY TRUST INC entered into Fourth Amended and Restated Advisory Agreement with Ashford Inc. and Ashford Hospitality Advisors LLC (effective 2026-03-27).

“On March 27, 2026, Ashford Hospitality Trust, Inc. (the “ Company ”), Ashford Hospitality Limited Partnership (the “ Operating Partnership ”) and Ashford TRS Corporation (“ Ashford TRS ”), a wholly-owned subsidiary of the Company, entered into the Fourth Amended and Restated Advisory Agreement (the “ Fourth Amended and Restated Advisory Agreement ”) with Ashford Inc. and Ashford Hospitality Advisors LLC (together, the “ Advisor ”).”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving Jay Land Ltd. Co. for $57.5 million in cash (closed 2026-03-17).

“On March 17, 2026, Ashford Posada LP, an indirect wholly owned subsidiary of Ashford Hospitality Trust, Inc. (the "Company"), completed the sale of the La Posada de Santa Fe located in Santa Fe, New Mexico pursuant to an Agreement of Purchase and Sale, dated as of February 6, 2026, by and between Ashford Posada LP, as seller, and Jay Land Ltd. Co., as purchaser, for $57.5 million in cash, subject to customary pro-rations and adjustments.”

ASHFORD HOSPITALITY TRUST INC entered into Limited Waiver Under Advisory Agreement with Ashford Hospitality Limited Partnership, Ashford TRS Corporation, Ashford Inc., and Ashford Hospitality Advisors LLC (effective 2026-03-13).

“On March 13, 2026, Ashford Hospitality Trust, Inc. (“Ashford Trust” or the “Company”) entered into a Limited Waiver Under Advisory Agreement (the “Limited Waiver”) with Ashford Hospitality Limited Partnership (the “Operating Partnership”), Ashford TRS Corporation (“TRS”), Ashford Inc. (“AINC”) and Ashford Hospitality Advisors LLC (together with AINC, the “Advisor”).”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving Kolter Group Acquisitions LLC for $96 million in cash (closed 2026-03-05).

“On March 5, 2026, St. Petersburg Florida Hotel Limited Partnership, an indirect wholly owned subsidiary of Ashford Hospitality Trust, Inc. (the “Company”), completed the sale of the Hilton St. Petersburg Bayfront located in St. Petersburg, Florida pursuant to an Agreement of Purchase and Sale, dated as of December 12, 2025, by and between St. Petersburg Florida Hotel Limited Partnership and Ashford TRS Lessee II LLC, as seller, and Kolter Group Acquisitions LLC, as purchaser, for $96 million in cash, subject to customary pro-rations and adjustments.”

ASHFORD HOSPITALITY TRUST INC: Reduced quorum requirement solely for the 2026 annual meeting from a majority to at least one-third of all votes entitled to be cast (effective 2026-02-24).

“The Bylaw Amendment reduced the quorum required solely for the 2026 annual meeting of the Company’s stockholders from a majority to at least one-third of all votes entitled to be cast at such meeting”

ASHFORD HOSPITALITY TRUST INC entered into Agreement of Purchase and Sale with Kolter Group Acquisitions LLC valued at $96 million (effective 2025-12-12).

“On December 12, 2025, St. Petersburg Florida Hotel Limited Partnership and Ashford TRS Lessee II LLC (together, “Seller”), indirect wholly owned subsidiaries of Ashford Hospitality Trust, Inc. (the “Company”), entered into an Agreement of Purchase and Sale (the “Agreement”) with Kolter Group Acquisitions LLC (“Purchaser”), for the sale of Hilton St. Petersburg Bayfront located in St. Petersburg, Florida (the “Hotel”) for $96 million in cash, subject to customary prorations and adjustments (the “Purchase Price”).”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving Galleria Lodging, LP and Arboretum Lodging for $13.5 million in cash (closed 2026-02-17).

“On February 17, 2026, Ashford Austin LP, an indirect subsidiary of Ashford Hospitality Trust, Inc. (the “ Company ”), completed the sale of the Embassy Suites Austin in Austin, Texas pursuant to an Agreement of Purchase and Sale, dated as of November 11, 2025, by and between New Houston Hotel Limited Partnership and Ashford Austin LP, collectively as seller, and Galleria Lodging, LP and Arboretum Lodging, collectively as purchaser, for $13.5 million in cash, subject to customary pro-rations and adjustments.”

ASHFORD HOSPITALITY TRUST INC faced acceleration on loan of $325,000,000 with Wilmington Trust, National Association (as Trustee).

“the Trust notified the Borrower that it was accelerating the Loan in full. Pursuant to the Notice Letter, the Trustee demanded immediate payment of the outstanding principal balance of $325,000,000, together with all accrued and unpaid interest, default rate interest, late fees, other obligations and amounts owed under the Loan Agreement”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving Galleria Lodging, LP and Arboretum Lodging for $13.5 million in cash (closed 2026-02-09).

“On February 9, 2026, New Houston Hotel Limited Partnership, an indirect subsidiary of Ashford Hospitality Trust, Inc. (the “ Company ”), completed the sale of the Embassy Suites Houston Near the Galleria located in Houston, Texas pursuant to an Agreement of Purchase and Sale, dated as of November 11, 2025, by and between New Houston Hotel Limited Partnership and Ashford Austin LP, collectively as seller, and Galleria Lodging, LP and Arboretum Lodging, collectively as purchaser, for $13.5 million in cash, subject to customary pro-rations and adjustments.”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving 833 Poydras St. Prime Property, LLC for $42.5 million in cash (closed 2025-12-18).

“On December 18, 2025, Ashford Le Pavillon LP, an indirect subsidiary of Ashford Hospitality Trust, Inc. (the “ Company ”), completed the sale of the 226-room Le Pavillon hotel located in New Orleans, Louisiana (the “ Hotel ”) pursuant to an Agreement of Purchase and Sale, dated as of November 17, 2025, by and between Ashford Le Pavillon LP, as seller, and 833 Poydras St. Prime Property, LLC, as purchaser, for $42.5 million in cash, subject to customary pro-rations and adjustments.”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving Lily, LP for $42 million in cash (closed 2025-10-15).

“On October 15, 2025, Ashford Mira Mesa San Diego Limited Partnership, an indirect subsidiary of Ashford Hospitality Trust, Inc. (the “ Company ”), completed the sale of the 150-room Residence Inn San Diego Sorrento Mesa hotel located in San Diego, California pursuant to an Agreement of Purchase and Sale, dated as of August 8, 2025, by and between Ashford Mira Mesa San Diego Limited Partnership, as seller, and Lily, LP, as successor in interest by assignment from DKN Ventures, LP, as purchaser, for $42 million in cash, subject to customary pro-rations and adjustments.”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving Nassau Bay Resorts LLC for $27 million in cash, subject to customary pro-rations and adjustments (closed 2025-08-22).

“On August 22, 2025, New Clear Lake Hotel Limited Partnership, an indirect subsidiary of Ashford Hospitality Trust, Inc. (the “ Company ”), completed the sale of the 242-room Hilton Houston NASA Clear Lake hotel located in Houston, Texas pursuant to an Agreement of Purchase and Sale, dated as of March 28, 2025, by and between New Clear Lake Hotel Limited Partnership, as seller, and Nassau Bay Resorts LLC, as successor in interest by assignment from Ayrshire Nassau Bay LLC, as purchaser, for $27 million in cash, subject to customary pro-rations and adjustments.”

Stephen Zsigray was appointed as Director at ASHFORD HOSPITALITY TRUST INC.

“On May 23, 2025, the Board appointed Mr. Stephen Zsigray, the Chief Executive Officer and President of the Company, as a member of the Board, effective immediately”

J. Robison Hays, III resigned as Director at ASHFORD HOSPITALITY TRUST INC.

“On May 20, 2025, Mr. J. Robison Hays, III tendered his resignation from the Board of Directors (the “ Board ”) of Ashford Hospitality Trust, Inc. (the “ Company ”) to be effective as of that date.”

ASHFORD HOSPITALITY TRUST INC: Reduced quorum required solely for the 2025 annual meeting from a majority to at least one-third of all votes entitled to be cast (effective 2025-02-25).

“On February 25, 2025, Ashford Hospitality Trust, Inc. (the “Company”), by resolution of its board of directors (the “Board”), adopted Amendment No. 8 to the Second Amended and Restated Bylaws of the Company (the “Bylaw Amendment”). The Bylaw Amendment reduced the quorum required solely for the 2025 annual meeting of the Company’s stockholders from a majority to at least one-third of all votes entitled to be cast at such meeting, as permitted under the Maryland General Corporation Law.”

ASHFORD HOSPITALITY TRUST INC: Classified and designated 16,000,000 shares of preferred stock as Series L and Series M Preferred Stock (effective 2025-01-22).

“On January 22, 2025, the Company filed with the SDAT articles supplementary to the Charter classifying and designating an aggregate of 16,000,000 shares of the unissued and undesignated shares of preferred stock and provided for their issuance as 11,200,000 shares of the Series L Preferred Stock and 4,800,000 shares of the Series M Preferred Stock (together, the “Articles Supplementary”).”

ASHFORD HOSPITALITY TRUST INC: Reclassification of 5,000,000 unissued shares of common stock as unclassified and undesignated shares of preferred stock (effective 2025-01-22).

“On January 22, 2025, the Company filed with the State Department of Assessments and Taxation of the State of Maryland (“SDAT”) articles supplementary to the Company’s charter (as amended, the “Charter”) that reclassified and designated 5,000,000 unissued shares of common stock, par value $0.01 per share, of the Company as unclassified and undesignated shares of preferred stock, par value $0.01 per share.”

Kamal Jafarnia resigned as Director at ASHFORD HOSPITALITY TRUST INC.

“On January 24, 2025, the Board of Directors (the “Board”) of Ashford Hospitality Trust, Inc. (the “Company”) accepted the resignation of Mr. Kamal Jafarnia effective that same date.”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving 275 Tremont Owner, LLC for $123.0 million in cash (closed 2025-01-10).

“On January 10, 2025, HH FP Portfolio LLC, an indirect wholly owned subsidiary of Ashford Hospitality Trust, Inc. (the “Company”), completed the sale of the 315-room Courtyard Boston Downtown located in Boston, Massachusetts pursuant to an Agreement of Purchase and Sale, entered into effective as of November 27, 2024, by and among HH FP Portfolio LLC, as seller, and 275 Tremont Owner, LLC, as purchaser, for $123.0 million in cash, subject to customary pro-rations and adjustments.”

ASHFORD HOSPITALITY TRUST INC: Reverse stock split effecting a 1-for-10 combination of common stock, effective October 25, 2024 (effective 2024-10-25).

“On October 17, 2024, the Company filed Articles of Amendment to the Company’s charter (the “Articles of Amendment”) with the State Department of Assessments and Taxation of Maryland to effect the Reverse Stock Split. Pursuant to the Articles of Amendment, effective as of 11:59 p.m. on October 25, 2024, each outstanding share of the Company’s common stock, par value $0.01 per share, will automatically combine into 1/10th of a share of common stock, par value $0.01 per share.”

J. Robison Hays, III resigned as President and Chief Executive Officer at ASHFORD HOSPITALITY TRUST INC.

“As previously disclosed by Ashford Hospitality Trust, Inc. (the “ Company ”), on April 17, 2024, J. Robison Hays, III, President and Chief Executive Officer of the Company, gave notice of his intention to voluntarily resign from his employment and all other employment-related positions he holds with the Company’s advisor, Ashford Inc., and its subsidiaries, affiliated entities, and entities that it advises (including the Company).”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving ACS One Ocean Propco LLC for $87 million in cash (closed 2024-06-27).

“On June 27, 2024, Ashford Atlantic Beach LP and Ashford TRS Atlantic Beach LLC, indirect wholly owned subsidiaries of Ashford Hospitality Trust, Inc. (the “Company”), completed the sale of the One Ocean Resort located in Atlantic Beach, Florida pursuant to an Agreement of Purchase and Sale, entered into effective as of May 31, 2024, by and among Ashford Atlantic Beach LP and Ashford TRS Atlantic Beach LLC, as seller, and ACS One Ocean Propco LLC, as purchaser, for $87 million in cash, subject to customary pro-rations and adjustments.”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving Pulse Kennesaw II LLC for $10.5 million in cash (closed 2024-06-10).

“On June 10, 2024, Ashford Kennesaw II LP, an indirect wholly owned subsidiary of the Company, completed the sale of SpringHill Suites located in Kennesaw, Georgia pursuant to an Agreement of Purchase and Sale, entered into effective as of February 26, 2024, by and between Ashford Kennesaw II LP, as seller, and Pulse Kennesaw II LLC, as purchaser, for $10.5 million in cash, subject to customary pro-rations and adjustments.”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving Shivram Inc. and Jasper Hospitality, LLC for $7 million in cash (closed 2024-06-10).

“On June 10, 2024, Ashford Kennesaw I LP, an indirect wholly owned subsidiary of the Company, completed the sale of the Fairfield Inn located in Kennesaw, Georgia pursuant to an Agreement of Purchase and Sale, entered into effective as of February 26, 2024, by and among Ashford Kennesaw I LP, as seller, and Shivram Inc. and Jasper Hospitality, LLC, as purchaser, for $7 million in cash, subject to customary pro-rations and adjustments.”

ASHFORD HOSPITALITY TRUST INC shareholders approved Ratification of BDO USA, P.C. as independent auditors for fiscal year ending December 31, 2024 at the 2024-05-14 meeting.

“Proposal Three – To ratify the appointment of BDO USA, P.C., a national public accounting firm, as the Company's independent auditors for the fiscal year ending December 31, 2024.”

ASHFORD HOSPITALITY TRUST INC shareholders approved Advisory approval of the Company's executive compensation at the 2024-05-14 meeting.

“Proposal Two – To obtain advisory approval of the Company's executive compensation.”

ASHFORD HOSPITALITY TRUST INC shareholders approved Election of nine nominees to the Board of Directors at the 2024-05-14 meeting.

“Proposal One – To elect nine nominees to the Board of Directors to hold office until the next annual meeting of stockholders and until their successors are duly elected and qualified”

ASHFORD HOSPITALITY TRUST INC reported financial results for first quarter ended March 31, 2024.

“On May 7, 2024, Ashford Hospitality Trust, Inc. (the “Company”) issued a press release announcing its financial results for the first quarter ended March 31, 2024.”

ASHFORD HOSPITALITY TRUST INC reported the first quarter ended March 31, 2024 results: net income approximately $66.4 million to $68.4 million or $0.59 to $0.61 per share, EPS $0.59 to $0.61 per share.

“Ashford Hospitality Trust, Inc. (the “Company”) issued a press release announcing its preliminary expectations for net income attributable to common stockholders, Adjusted EBITDAre, and Adjusted FFO for the first quarter ended March 31, 2024.”

Stephen Zsigray was appointed as President and Chief Executive Officer at ASHFORD HOSPITALITY TRUST INC.

“the Board of Directors of the Company appointed Ashford’s current Senior Vice President of Corporate Finance & Strategy, Stephen Zsigray, to fill the role of President and Chief Executive Officer at the Company, effective June 30, 2024.”

J. Robison Hays, III departed as President and Chief Executive Officer at ASHFORD HOSPITALITY TRUST INC.

“Mr. Hay’s resignation is expected to be effective June 30, 2024.”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving Beantown Hotel Owner LLC for $171 million in cash (closed 2024-04-09).

“On April 9, 2024, PIM Boston Back Bay LLC and PIM TRS Boston Back Bay LLC (the "Sellers"), indirect, wholly-owned subsidiaries of Ashford Hospitality Trust, Inc. (the "Company"), completed the sale of the Hilton Boston Back Bay hotel pursuant to an Agreement of Purchase and Sale, dated as of January 29, 2024, by and between the Sellers and Beantown Hotel Owner LLC, for $171 million in cash, subject to customary pro-rations and adjustments.”

ASHFORD HOSPITALITY TRUST INC reported preliminary financial results for first quarter of 2024.

“reported today that the Company expects to report Occupancy of approximately 67% for the first quarter of 2024 with Average Daily Rate of approximately $191 resulting in RevPAR of approximately $128.”

ASHFORD HOSPITALITY TRUST INC completed a disposition involving PEG Properties, LLC for $19.2 million in cash (closed 2024-03-06).

“the Company’s indirect, wholly owned subsidiary, Ashford Salt Lake Limited Partnership (“Seller”), completed the sale of the Residence Inn Salt Lake City pursuant to an Agreement of Purchase and Sale, dated as of December 14, 2023, by and between Seller and PEG Properties, LLC, for $19.2 million in cash, subject to customary pro-rations and adjustments.”

ASHFORD HOSPITALITY TRUST INC: Adopted Amendment No. 7 to the Second Amended and Restated Bylaws to reduce the quorum requirement solely for the 2024 annual meeting from a majority to at least one-third of all votes entitled to be cast, and to remove the age-70 mandatory retirement limitation for directors (effective 2024-02-27).

“On February 27, 2024, Ashford Hospitality Trust, Inc. (the “Company”), by resolution of its board of directors (the “Board”), adopted Amendment No. 7 to the Second Amended and Restated Bylaws of the Company (the “Bylaw Amendment”). The Bylaw Amendment reduced the quorum required solely for the 2024 annual meeting of the Company’s stockholders from a majority to at least one-third of all votes entitled to be cast at such meeting, as permitted under the Maryland General Corporation Law.”

ASHFORD HOSPITALITY TRUST INC entered into Agreement of Purchase and Sale with Beantown Hotel Owner LLC valued at $171 million (effective 2024-01-29).

“On January 29, 2024 (the “Effective Date”), PIM Boston Back Bay LLC and PIM TRS Boston Back Bay LLC (together, “Seller”), indirect wholly owned subsidiaries of Ashford Hospitality Trust, Inc. (the “Company”), entered into an Agreement of Purchase and Sale (the “Agreement”) with Beantown Hotel Owner LLC, as purchaser (“Purchaser”), for the sale of Hilton Boston Back Bay Hotel (the “Hotel”) for $171 million in cash, subject to customary pro-rations and adjustments (the “Purchase Price”).”

ASHFORD HOSPITALITY TRUST INC reported the year ended December 31, 2023 results: net income approximately $(194.7) million to $(192.7) million or $(5.64) to $(5.58) per share, EPS $(5.64) to $(5.58) per share.

“for the year ended December 31, 2023, the Company reported a preliminary estimated range of net loss attributable to common stockholders of approximately $(194.7) million to $(192.7) million or $(5.64) to $(5.58) per share”