ASHFORD HOSPITALITY TRUST INC 8-K

What Happened
Ashford Hospitality Trust, Inc. (through its indirect subsidiary Ashford Le Pavillon LP) announced it completed the sale of the 226‑room Le Pavillon hotel in New Orleans on December 18, 2025. The purchaser was 833 Poydras St. Prime Property, LLC and the purchase price was $42.5 million in cash, subject to customary pro‑rations and adjustments. The sale followed an Agreement of Purchase and Sale dated November 17, 2025. The filing also includes unaudited pro forma financial information (Exhibit 99.1) reflecting the impact of the transaction for the nine months ended September 30, 2025 and the year ended December 31, 2024.

Key Details

• Sale date: December 18, 2025
• Property: Le Pavillon hotel, New Orleans — 226 rooms
• Purchase price: $42.5 million in cash (subject to customary proration/adjustments)
• Agreement date & buyer: Agreement dated November 17, 2025 with 833 Poydras St. Prime Property, LLC
• Pro forma info: Exhibit 99.1 provided for 9 months ended Sept 30, 2025 and year ended Dec 31, 2024

Why It Matters
The transaction converts a hotel asset into cash and will change Ashford Hospitality Trust’s portfolio composition and reported financials for the covered periods. Investors should review the attached unaudited pro forma financial information (Exhibit 99.1) to see how the sale affects revenue, asset balances and related metrics for the specified reporting periods. The sale proceeds are subject to customary adjustments, which may affect the final cash received.