Highest-materiality recent filing
Ashford Hospitality Trust sells Hyatt Regency Savannah for $158M cash
Sold 351-room Hyatt Regency Savannah for $158M cash; net proceeds ~$157.6M after selling expenses.
Ashford Hospitality Trust sells Embassy Suites Palm Beach Gardens for $40.5M net
Sale of 160-room hotel closed April 7, 2026 to PBG Embassy Partners, LLC for $41M gross, ~$40.5M net after expenses.
Ashford closes sale of four hotels ($252.5M), signs deals to sell two more ($54.8M)
Closed sales of Hilton St. Petersburg Bayfront, La Posada de Santa Fe, Hilton Alexandria Old Town, and Embassy Suites Palm Beach Gardens for $252.5M gross proceeds.
Termination Fee redefined as 30 years of Foregone Adjusted EBITDA, discounted at 2%.
CFO Deric Eubanks to depart March 31; Justin Coe named principal financial officer
Deric Eubanks terminates as CFO of Ashford Hospitality Trust (AHT) and Braemar (BHR) effective March 31, 2026.
Definitive agreement to sell La Posada de Santa Fe (157 rooms) for $57.5M ($364K/key); closing expected March 2026.
Ashford Hospitality Trust enters agreement to sell Hilton St. Petersburg Bayfront for $96M cash
Sale price $96M cash; buyer Kolter Group Acquisitions LLC.
Ashford Hospitality Trust subsidiaries default on $325M CMBS loan; lender accelerates full payment
On Feb 11, 2026, trustee demanded immediate payment of $325M principal plus default interest and fees.
Ashford Hospitality Trust extends Highland loan by $10M paydown, suspends preferred dividends
Extended Highland mortgage loan secured by 18 hotels with a $10M paydown to $723.6M balance, maturing July 9, 2026.
Ashford Hospitality Trust sells 226-room Le Pavillon hotel in New Orleans for $42.5M
Gross sale price of $42.5M cash; net proceeds ~$41.3M after expenses.
Board forms special committee to evaluate strategic alternatives, including potential transaction.
Aggregate gross proceeds from sales of Le Pavillon New Orleans ($42.5M) and two Embassy Suites ($27.0M) total ~$69.5M.
Ashford Hospitality Trust sells Residence Inn San Diego Sorrento Mesa for $42M
Sale price of $42M ($280K per key) for 150-room hotel; expected close in Oct 2025.
Ashford Hospitality Trust sells two hotels for combined $33M; cap rate ~1.3% on NOI
Hilton Houston NASA Clear Lake sold for $27M; Residence Inn Evansville East sold for $6M.
Ashford Hospitality Trust extends Highland loan to Jan 2026; balance $733.6M (68% LTV)
Original maturity April 9, 2025 extended to January 9, 2026, with six-month option to July 9, 2026.
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.
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
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.
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).
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.
Mr. Hay’s resignation is expected to be effective June 30, 2024.
On December 5, 2023, Mark Nunneley, Chief Accounting Officer of Ashford Hospitality Trust, Inc. (the “ Company ”), announced to the Board of Directors (the “ Board ”) of the Company his intention to voluntarily step down from his role as the Chief Accounting Officer
On December 7, 2023, Justin Coe, the current Senior Vice President of Accounting of Advisor, was appointed to fill the role of Chief Accounting Officer at the Company, effective January 1, 2024.
On July 25, 2023, the Board of Directors (the “Board”) of Ashford Hospitality Trust, Inc. (the “Company”) increased the size of the Board from eight to nine members and appointed Mr. Davinder “Sonny” Sra as a director to fill the vacancy resulting from that increase.
Mr. Welter is also the Chief Operating Officer of Ashford Hospitality Trust, Inc. (the “Company”) and Braemar Hotels & Resorts Inc. (“Braemar”) and accordingly his service as Chief Operating Officer of each of the Company and Braemar will also end effective as of the Resignation Date.
Max materiality 0.85 · Median 0.50 · Most common event other_material