DALLAS , Nov. 12, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has successfully entered into a 90-day forbearance period for its Morgan Stanley Pool loan secured by 17 hotels. The loan had a final maturity date of November 9, 2024.
DALLAS , Nov. 7, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has successfully refinanced its mortgage loan secured by the 703-room Marriott Crystal Gateway Hotel located in Arlington, Virginia, which had a final maturity date in November 2026. The new, non-recourse loan totals $121.5 million and has a three-year in...
Ashford Hospitality Trust, Inc. (NYSE:AHT ) Q3 2024 Earnings Conference Call November 6, 2024 11:00 AM ET Company Participants Deric Eubanks - Chief Financial Officer Stephen Zsigray - President and Chief Executive Officer Chris Nixon - Executive Vice President and Head-Asset Management Conference Call Participants Jonathan Jenkins - Oppenheimer Michael Bellisario - Baird Operator Hello and wel...
DALLAS , Nov. 6, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it has entered into an amendment to its strategic financing that will reduce the exit fee from 15.0% to 12.5% of the original loan balance through December 15, 2024, provided that the outstanding loan balance has been reduced to $50 million or less by Novembe...
DALLAS , Oct. 25, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it completed a reverse split of the Company's common stock at a ratio of 1-for-10. After the close of business on October 25, 2024, the effective date of the reverse stock split, each share of the Company's issued and outstanding common stock and equivalents...
LOS ANGELES--(BUSINESS WIRE)--UNITE HERE Local 11 Co-President Kurt Petersen wrote to California Attorney General Rob Bonta, California Franchise Tax Board Executive Officer Selvi Stanislaus and California Franchise Tax Board Chair and California Controller Malia Cohen on October 16, 2024 calling for the agencies to investigate whether Real Estate Investment Trusts (“REITs”) Ashford Hospitality...
DALLAS , Oct. 15, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors unanimously approved a reverse split of the Company's common stock at a ratio of 1-for-10. As of the effective date of the reverse split, each share of the Company's issued and outstanding common stock and equivalents will be converted...
Ashford Hospitality Trust (AHT, Financial) experienced a stock price decline of 5.22%, trading at $0.635 per share. The trading volume reached 394,460 shares, with a turnover rate of 0.79% and a price fluctuation of 7.83%.
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