ASHFORD HOSPITALITY TRUST INC 8-K

What Happened

• Ashford Hospitality Trust, through its indirect wholly owned subsidiary St. Petersburg Florida Hotel Limited Partnership, announced completion of the sale of the Hilton St. Petersburg Bayfront in St. Petersburg, Florida. The sale to Kolter Group Acquisitions LLC closed on March 5, 2026 under an agreement dated December 12, 2025.

Key Details

• Sale price: $96.0 million in cash (subject to customary pro‑rations and adjustments).
• Seller parties: St. Petersburg Florida Hotel Limited Partnership (an indirect wholly owned subsidiary of AHT) and Ashford TRS Lessee II LLC.
• Purchaser: Kolter Group Acquisitions LLC.
• The company attached unaudited pro forma financial information (Exhibit 99.1) showing the financial effect of the disposition for specified prior periods.

Why It Matters

• The transaction removes the Hilton St. Petersburg Bayfront from AHT’s portfolio and converts that asset into cash proceeds of $96M (after adjustments).
• AHT provided pro forma financials so investors can see the reported impact of the sale on the company’s recent financial statements, helping assess changes to assets, revenue sources and operating results.