Ashford Hospitality Trust Sells Jacksonville Hilton for $11.3M

What Happened
Ashford Hospitality Trust, Inc. (through its indirect wholly owned subsidiary Ashford Jacksonville I LP) announced on June 11, 2026 that it completed the sale of the Hilton Garden Inn Jacksonville - Deerwood Park in Jacksonville, Florida. The sale was made to Maco Properties, L.L.C. pursuant to an April 16, 2026 purchase agreement for $11.3 million in cash, subject to customary prorations and adjustments. The company also filed unaudited pro forma financial information reflecting the impact of the disposition.

Key Details

• Sale date: June 11, 2026 (agreement dated April 16, 2026)
• Seller / Subsidiary: Ashford Jacksonville I LP (indirect wholly owned subsidiary of Ashford Hospitality Trust)
• Buyer: Maco Properties, L.L.C.
• Purchase price: $11.3 million in cash (subject to customary proration and adjustments)
• Disclosure: Unaudited pro forma financial information for the three months ended March 31, 2026 and year ended December 31, 2025 included as Exhibit 99.1

Why It Matters
The transaction reduces Ashford Hospitality Trust’s hotel portfolio by one property and generates cash proceeds of $11.3 million (before adjustments). The attached pro forma statements let investors see how the disposal affects reported results and quarterly/year-to-date financial metrics. Investors should review the pro forma exhibit to understand the sale’s impact on revenue, net income and other key metrics for Q1 2026 and fiscal 2025.