$AHT·8-K

ASHFORD HOSPITALITY TRUST INC · Jun 23, 4:29 PM ET

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ASHFORD HOSPITALITY TRUST INC 8-K

Research Summary

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Ashford Hospitality Trust Inc Sells Hilton Garden Inn Austin for $26.85M

What Happened Ashford Hospitality Trust, Inc. (AHT) reported on Form 8‑K that an indirect wholly owned subsidiary, HH Austin Hotel Associates, L.P., completed the sale of the Hilton Garden Inn Austin Downtown (Austin, TX) to JMIR Acquisitions, LLC. The sale closed on June 18, 2026 pursuant to a purchase agreement dated April 30, 2026, for $26.85 million in cash, subject to customary prorations and adjustments. The 8‑K was filed June 23, 2026.

Key Details

  • Seller: HH Austin Hotel Associates, L.P., an indirect wholly owned subsidiary of AHT.
  • Buyer: JMIR Acquisitions, LLC.
  • Sale price: $26.85 million in cash (subject to customary proration/adjustments).
  • Transaction dates: Purchase agreement dated April 30, 2026; closing completed June 18, 2026.
  • The filing includes unaudited pro forma financial information (Exhibit 99.1) for the quarter ended March 31, 2026 and year ended December 31, 2025.

Why It Matters This is an asset disposition — the sale reduces AHT’s hotel portfolio and will affect the company’s reported assets and future revenue from that property. The cash proceeds (net of adjustments) may impact liquidity and could be reflected in AHT’s pro forma financials, which the company provided for investor review. Investors should review the attached pro forma information to understand the transaction’s effect on recent quarterly and annual results.

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