$AHT·8-K

ASHFORD HOSPITALITY TRUST INC · May 22, 4:20 PM ET

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ASHFORD HOSPITALITY TRUST INC 8-K

Research Summary

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Updated

Ashford Hospitality Trust Completes Sale of Lakeway Resort for $37.75M

What Happened

  • Ashford Hospitality Trust, Inc. (AHT) announced the sale of the Lakeway Resort and Spa in Austin, Texas. The transaction closed on May 19, 2026. The seller was Ashford Lakeway LP, an indirect wholly owned subsidiary of the company, and the purchaser was Trestle Studio LLC. The agreed cash purchase price was $37.75 million, subject to customary pro-rations and adjustments. The sale was made under an Agreement of Purchase and Sale dated February 10, 2026, as amended March 18, 2026.

Key Details

  • Closing date: May 19, 2026.
  • Purchase price: $37.75 million in cash (subject to customary adjustments).
  • Parties: Seller — Ashford Lakeway LP (indirect wholly owned subsidiary); Purchaser — Trestle Studio LLC.
  • Financial disclosure: The company filed unaudited pro forma financial information for the three months ended March 31, 2026 and for the year ended December 31, 2025 (Exhibit 99.1).

Why It Matters

  • This is a completed disposition of a hotel asset in Ashford’s portfolio and will remove the Lakeway Resort and Spa from the company’s holdings.
  • The transaction generates cash proceeds (net of adjustments), which will affect the company’s asset base and cash position; Ashford provided pro forma financials so investors can see the reported impact on recent results and balance sheet metrics.

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