ASHFORD HOSPITALITY TRUST INC 8-K

What Happened

• Ashford Hospitality Trust Inc. announced the completion of the sale of the Embassy Suites by Hilton Palm Beach Gardens PGA Boulevard in Palm Beach Gardens, Florida. The sale closed on April 7, 2026 under an Agreement of Purchase and Sale dated February 25, 2026, to PBG Embassy Partners, LLC for $41 million in cash, subject to customary pro‑rations and adjustments. The seller was Palm Beach Florida Hotel and Office Building Limited Partnership, an indirect wholly owned subsidiary of the company.

Key Details

• Sale price: $41,000,000 in cash (subject to customary pro‑rations and adjustments).
• Closing date: April 7, 2026; purchase agreement dated February 25, 2026.
• Buyer: PBG Embassy Partners, LLC.
• The company filed unaudited pro forma financial information as Exhibit 99.1 to the Form 8‑K.

Why It Matters

• This transaction reduces Ashford Hospitality Trust’s hotel portfolio and will change the company’s assets and cash position by the reported cash proceeds.
• The company provided unaudited pro forma financial information to show how the sale affects its financial statements; those pro forma figures can help investors assess the impact on future reported results.