AHT Stock Recent News

DALLAS , June 10, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that Dave Johnson, a seasoned hospitality and real estate executive, has joined the Board of Directors as a new independent director as of the Company's recently held annual shareholder meeting.  Mr. Johnson was also appointed to serve on the Board's Audit Committee as well as the Compensation Committee.

DALLAS , June 3, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has closed on the sale of the 90-room Courtyard located in Manchester, Connecticut for $8.0 million. The property was encumbered with a mortgage loan that had an outstanding balance of approximately $5.6 million.

Ashford Hospitality Trust, Inc. (NYSE:AHT ) Q1 2024 Earnings Conference Call May 8, 2024 11:00 AM ET Company Participants Jordan Jennings - Vice President-Investor Relations Rob Hays - President and Chief Executive Officer Deric Eubanks - Chief Financial Officer Chris Nixon - Executive Vice President and Head-Asset Management Conference Call Participants Jonathan Jenkins - Oppenheimer & Company Operator Thank you for standing by. My name is Greg, and I will be your conference operator today.

DALLAS, March 26, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2024. Ashford Trust plans to issue its earnings release for the first quarter after the market closes on Tuesday, May 7, 2024, and will host a conference call on Wednesday, May 8, 2024, at 11:00 a.m.

Hotel REITs experienced a significant drop in share value during the COVID-19 pandemic but have since recovered and outperformed the Vanguard Real Estate ETF. Consumer spending is shifting towards services like travel and leisure, which bodes well for Hotel REITs. Hotel REITs have posted the fourth-best total returns among REIT sectors in 2024, indicating their potential for future growth.

Ashford Hospitality Trust, Inc. (AHT) Q4 2023 Earnings Call Transcript

The headline numbers for Ashford Hospitality Trust (AHT) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Get a deeper insight into the potential performance of Ashford Hospitality Trust (AHT) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

DALLAS , Dec. 27, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2023. Ashford Trust plans to issue its earnings release for the fourth quarter after the market closes on Wednesday, February 28, 2024, and will host a conference call on Thursday, February 29, 2024, at 11:00 a.m.

Ashford Hospitality Trust has faced significant challenges due to Covid, resulting in massive equity dilution and a 99% loss in value over the past 5 years. However, AHT's Q3 RevPAR has now surpassed pre-Covid levels, indicating a recovery in the hotel sector. AHT still faces major challenges, including high interest rates, an expensive loan from Oaktree, and the need for capital spending to modernize hotel properties.