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DALLAS, April 9, 2026 /PRNewswire/ — Ashford Hospitality Trust, Inc. (NYSE: AHT) (the „Company“) today announced that it has successfully closed on the sale of four hotels and has entered into definitive agreements to sell an additional two hotels. These six transactions are part of the Company’s ongoing strategy to optimize its portfolio through strategic asset sales. The majority of proceeds will be used to pay down mortgage debt, and together, these sales are expected to result in more than $60 million in future capital expenditure savings.
„We continue to aggressively refine our hotel portfolio through strategic divestitures,“ said Stephen Zsigray, President and Chief Executive Officer. „We remain focused on maximizing shareholder value, and these sales accomplish all three of our strategic objectives: improved cash flow after debt service, significantly reduced future capital expenditure obligations, and lower portfolio leverage.“
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5 Kommentare
Interesting update on ASHFORD HOSPITALITY TRUST CONTINUES STRATEGIC PORTFOLIO OPTIMIZATION THROUGH SALE OF SIX HOTELS. Looking forward to seeing how this develops.
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I’ve been following this closely. Good to see the latest updates.