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Ashford Hospitality Trust Inc (AHT.N)

AHT.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Ashford Hospitality Trust Quarterly Adjusted FFO Loss Per Share $12.32
Thursday, 30 Jul 2020 

July 29 (Reuters) - Ashford Hospitality Trust Inc ::QUARTERLY ADJUSTED FFO LOSS PER SHARE $12.32.QUARTERLY LOSS PER SHARE $20.85.QUARTERLY COMPARABLE REVPAR FOR ALL HOTELS DECREASED 88.3%.SAYS CURRENTLY, OPERATIONS AT FOUR OF COMPANY'S PROPERTIES REMAIN TEMPORARILY SUSPENDED.  Full Article

Ashford Says Board Unanimously Approved Reverse Split Of Common Stock At Ratio Of 1-For-10
Thursday, 2 Jul 2020 

July 1 (Reuters) - Ashford Hospitality Trust Inc ::ASHFORD HOSPITALITY TRUST - BOARD UNANIMOUSLY APPROVED REVERSE SPLIT OF CO’S COMMON STOCK AT A RATIO OF 1-FOR-10.ASHFORD HOSPITALITY TRUST - REVERSE STOCK SPLIT WILL BECOME EFFECTIVE AS OF CLOSE OF BUSINESS ON JULY 15.ASHFORD HOSPITALITY TRUST - COMMON STOCK ANTICIPATED TO COMMENCE TRADING ON NYSE ON JULY 16 ON SPLIT-ADJUSTED BASIS.ASHFORD HOSPITALITY TRUST - ALSO INTENDS TO EFFECT REVERSE SPLIT OF PARTNERSHIP UNITS OF ASHFORD HOSPITALITY LIMITED PARTNERSHIP AT RATIO OF 1-FOR-10.ASHFORD HOSPITALITY TRUST - PURPOSE OF SHARE SPLIT IS TO REGAIN COMPLIANCE WITH NYSE MINIMUM CONTINUED LISTING REQUIREMENT FOR COMMON STOCK.  Full Article

Ashford Hospitality Trust Posts Quarterly Adjusted FFO Loss Per Share Of$0.12
Thursday, 21 May 2020 

May 20 (Reuters) - Ashford Hospitality Trust Inc ::QUARTERLY ADJUSTED FFO LOSS PER SHARE $0.12.REDUCED ITS PLANNED SPEND FOR CAPITAL EXPENDITURES FOR YEAR FROM A RANGE OF $125-$145 MILLION TO A RANGE OF $30-$50 MILLION.HAS SUSPENDED ITS COMMON DIVIDEND CONSERVING APPROXIMATELY $7 MILLION PER CALENDAR QUARTER.ESTIMATES THAT ITS CURRENT MONTHLY CASH BURN AT ITS HOTELS IS APPROXIMATELY $20 MILLION PER MONTH.ENDED QUARTER WITH CASH AND CASH EQUIVALENTS OF $240 MILLION AND RESTRICTED CASH OF $127 MILLION.ASHFORD HOSPITALITY TRUST - CUT OPERATING COSTS AT ITS HOTELS ULTIMATELY RESULTING IN AN APPROXIMATE 90% REDUCTION IN PROPERTY-LEVEL STAFFING.  Full Article

Ashford Hospitality Appoints J. Robison Hays To Fill Role Of CEO
Friday, 1 May 2020 

April 30 (Reuters) - Ashford Hospitality Trust Inc ::ASHFORD HOSPITALITY TRUST SAYS APPOINTED J. ROBISON HAYS TO FILL ROLE OF CEO AT THE COMPANY, EFFECTIVE MAY 14, 2020.ASHFORD HOSPITALITY TRUST SAYS HAYS WILL NO LONGER SERVE AS CHIEF STRATEGY OFFICER.  Full Article

Ashford Trust Expects To Pay A Quarterly Cash Dividend Of $0.06 Per Share For 2020
Friday, 6 Dec 2019 

Dec 5 (Reuters) - Ashford Hospitality Trust Inc ::ASHFORD TRUST DECLARES DIVIDENDS FOR FOURTH QUARTER OF 2019 AND ISSUES GUIDANCE FOR 2020 DIVIDENDS.ASHFORD HOSPITALITY TRUST - COMPANY EXPECTS TO PAY A QUARTERLY CASH DIVIDEND OF $0.06 PER SHARE FOR 2020, OR $0.24 PER SHARE ON AN ANNUALIZED BASIS.  Full Article

Ashford Hospitality Trust Reports Q3 Adjusted Funds From Operations Of $0.28 Per Diluted Share
Wednesday, 30 Oct 2019 

Oct 29 (Reuters) - Ashford Hospitality Trust Inc ::ASHFORD TRUST REPORTS THIRD QUARTER 2019 RESULTS.ACTUAL REVPAR INCREASED 3.5% FOR ALL HOTELS IN QUARTER.COMPARABLE REVPAR INCREASED 1.7% FOR ALL HOTELS NOT UNDER RENOVATION IN QUARTER.QTRLY LOSS PER SHARE $0.42.QTRLY ADJUSTED FUNDS FROM OPERATIONS WAS $0.28 PER DILUTED SHARE.Q3 FFO PER SHARE VIEW $0.28 -- REFINITIV IBES DATA.Q3 EARNINGS PER SHARE VIEW $-0.50 -- REFINITIV IBES DATA.  Full Article

Ashford Trust Enters Into Deal To Convert Crowne Plaza La Concha Key West To Marriott's Autograph Collection
Thursday, 3 Oct 2019 

Oct 3 (Reuters) - Ashford Hospitality Trust Inc ::ASHFORD TRUST ANNOUNCES AGREEMENT TO CONVERT CROWNE PLAZA LA CONCHA KEY WEST TO MARRIOTT'S AUTOGRAPH COLLECTION.ASHFORD HOSPITALITY TRUST- AGREEMENT WITH MARRIOTT CALLS FOR HOTEL TO BE CONVERTED TO AN AUTOGRAPH BY JULY 1, 2022, PURSUANT TO A CONVERSION PIP.ASHFORD HOSPITALITY TRUST - PIP IS CURRENTLY ESTIMATED TO BE $13.7 MILLION, APPROXIMATELY $7.8 MILLION OF WHICH IS INCREMENTAL.ASHFORD HOSPITALITY TRUST INC - BELIEVES THAT POST-CONVERSION, NEW AUTOGRAPH PROPERTY SHOULD REALIZE A REVPAR PREMIUM TO CURRENT HOTEL.ASHFORD HOSPITALITY TRUST - POST-CONVERSION, NEW AUTOGRAPH PROPERTY'S INCREMENTAL INVESTMENT SHOULD YIELD ABOUT 19% UNLEVERED INTERNAL RATE OF RETURN.  Full Article

Ashford Trust Posts Q2 Loss Per Share Of $0.27
Friday, 2 Aug 2019 

Aug 1 (Reuters) - Ashford Hospitality Trust Inc ::ASHFORD TRUST REPORTS SECOND QUARTER 2019 RESULTS.ASHFORD HOSPITALITY TRUST INC - QTRLY ACTUAL REVPAR INCREASED 2.8% FOR ALL HOTELS.ASHFORD HOSPITALITY TRUST INC - QTRLY COMPARABLE REVPAR INCREASED 1.6% FOR ALL HOTELS NOT UNDER RENOVATION.ASHFORD HOSPITALITY TRUST INC - QTRLY NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS WAS $26.9 MILLION OR $0.27 PER DILUTED SHARE FOR QUARTER..ASHFORD HOSPITALITY TRUST INC - ADJUSTED FUNDS FROM OPERATIONS (AFFO) WAS $0.47 PER DILUTED SHARE FOR QUARTER..  Full Article

Ashford Trust Reports First Quarter 2019 Results
Friday, 3 May 2019 

May 2 (Reuters) - Ashford Hospitality Trust Inc ::ASHFORD TRUST REPORTS FIRST QUARTER 2019 RESULTS.ASHFORD HOSPITALITY TRUST INC - ADJUSTED FUNDS FROM OPERATIONS (AFFO) WAS $0.26 PER DILUTED SHARE FOR QUARTER.ASHFORD HOSPITALITY TRUST INC - COMPARABLE REVPAR FOR ALL HOTELS NOT UNDER RENOVATION INCREASED 2.7% TO $119.90 DURING QUARTER.ASHFORD HOSPITALITY TRUST INC - COMPARABLE REVPAR FOR ALL HOTELS INCREASED 1.9% TO $122.10 DURING QUARTER.ASHFORD HOSPITALITY TRUST INC - NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS WAS $48.7 MILLION OR $0.49 PER DILUTED SHARE FOR QUARTER.  Full Article

Ashford Reports Q1 Loss Per Share Of $1.13
Friday, 3 May 2019 

May 2 (Reuters) - Ashford Inc ::ASHFORD REPORTS FIRST QUARTER 2019 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $2.39.Q1 LOSS PER SHARE $1.13.Q1 REVENUE $63.3 MILLION.ASSETS UNDER MANAGEMENT $7.0 BILLION AT QUARTER END.BRAEMAR REMAINS ON TRACK WITH ITS AUTOGRAPH COLLECTION CONVERSION AT COURTYARD SAN FRANCISCO DOWNTOWN..  Full Article