8-KFiled Aug 5, 8:00 PM ET

Ashford Hospitality Trust Completes Sale of Hyatt Regency Long Island

$AHT · ASHFORD HOSPITALITY TRUST INC

Research Summary

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Updated

Ashford Hospitality Trust Completes Sale of Hyatt Regency Long Island

What Happened

  • Ashford Hospitality Trust, through its indirect wholly owned subsidiary HH FP Portfolio LLC, announced on Aug. 6, 2026 (8-K) that it completed the sale of the Hyatt Regency Long Island in Hauppauge, New York on July 31, 2026. The sale was made pursuant to an Agreement of Purchase and Sale dated April 8, 2026 (as amended) to buyers ABGHLI2613 LLC and TIC Owner Hyatt LLC for approximately $26.5 million in cash, subject to customary pro‑rations and adjustments.

Key Details

  • Seller: HH FP Portfolio LLC (indirect wholly owned subsidiary of Ashford Hospitality Trust).
  • Property: Hyatt Regency Long Island, Hauppauge, NY.
  • Closing date: July 31, 2026; Purchase agreement dated April 8, 2026 (as amended and reinstated).
  • Consideration: Approximately $26.5 million in cash, subject to customary adjustments.
  • The company also filed unaudited pro forma financial information (Exhibit 99.1) showing the effects as of and for the three months ended March 31, 2026 and the year ended Dec. 31, 2025.

Why It Matters

  • The disposition reduces Ashford Hospitality Trust’s owned hotel portfolio and will change its asset base and operating results going forward. The cash proceeds (net of adjustments) will affect the company’s liquidity and capital structure and are reflected in the filed unaudited pro forma financials. Investors should review the pro forma exhibit to see the reported impact on financials for the referenced periods.