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Ashford Hospitality Trust Inc (AHT.N)

AHT.N on New York Stock Exchange

3.24USD
20 Sep 2019
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$0.08 (+2.53%)
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Latest Key Developments (Source: Significant Developments)

Ashford Announces Definitive Agreement To Buy Remington's Hotel Management Business
Monday, 3 Jun 2019 

June 3 (Reuters) - Ashford Inc ::ASHFORD ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE REMINGTON'S HOTEL MANAGEMENT BUSINESS.ASHFORD INC - TRANSACTION WILL INCREASE ASHFORD'S TOTAL ENTERPRISE VALUE TO APPROXIMATELY $600 MILLION.ASHFORD INC - TRANSACTION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO ADJUSTED NET INCOME PER SHARE.ASHFORD INC - DEAL FOR $275 MILLION.ASHFORD INC - TRANSACTION WILL INCREASE ASHFORD'S TOTAL ENTERPRISE VALUE TO APPROXIMATELY $600 MILLION.ASHFORD INC - ASHFORD'S INDEPENDENT DIRECTORS HAVE UNANIMOUSLY RECOMMENDED APPROVAL OF ACQUISITION BY ASHFORD'S STOCKHOLDERS.ASHFORD INC - CONSIDERATION FOR TRANSACTION WILL BE A NEW SERIES OF CONVERTIBLE PREFERRED STOCK.ASHFORD INC - NEW SERIES D CONVERTIBLE PREFERRED STOCK WILL BE CONVERTIBLE INTO SHARES OF COMMON STOCK AT A PRICE OF $117.50 PER SHARE.  Full Article

Ashford Trust Reports Fourth Quarter And Year End 2018 Results
Friday, 1 Mar 2019 

Feb 28 (Reuters) - Ashford Hospitality Trust Inc ::ASHFORD TRUST REPORTS FOURTH QUARTER AND YEAR END 2018 RESULTS.ASHFORD HOSPITALITY TRUST INC QTRLY NET LOSS $0.66 PER DILUTED SHARE.ASHFORD HOSPITALITY TRUST INC - COMPARABLE REVPAR FOR ALL HOTELS DECREASED 0.6% TO $115.54 DURING QUARTER.ASHFORD HOSPITALITY TRUST INC QTRLY AFFO $0.18 PER DILUTED SHARE.ASHFORD HOSPITALITY TRUST INC QTRLY TOTAL REVENUE $343.49 MILLION VERSUS $341.57 MILLION.  Full Article

Ashford Trust Announces Agreement To Acquire The La Posada De Santa Fe For $50 Mln
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - Ashford Hospitality Trust Inc ::ASHFORD TRUST ANNOUNCES AGREEMENT TO ACQUIRE THE LA POSADA DE SANTA FE FOR $50 MILLION.ASHFORD HOSPITALITY - ASHFORD INC. HAS COMMITTED TO PROVIDE ASHFORD TRUST WITH ABOUT $5 MILLION UNDER TERMS OF ENHANCED RETURN FUNDING PROGRAM.  Full Article

Ashford Announces Stockholder Approval, Closing Of Acquisition Of Remington's Project Management Business
Thursday, 9 Aug 2018 

Aug 8 (Reuters) - Ashford Hospitality Trust Inc ::ASHFORD ANNOUNCES STOCKHOLDER APPROVAL AND CLOSING OF ACQUISITION OF REMINGTON'S PROJECT MANAGEMENT BUSINESS.ASHFORD ANNOUNCES STOCKHOLDER APPROVAL AND CLOSING OF ACQUISITION OF REMINGTON'S PROJECT MANAGEMENT BUSINESS.  Full Article

Ashford Hospitality Trust Q2 Adjusted FFO Per Share $0.42
Friday, 3 Aug 2018 

Ashford Hospitality Trust Inc ::ASHFORD TRUST REPORTS SECOND QUARTER 2018 RESULTS.Q2 ADJUSTED FFO PER SHARE $0.42.COMPARABLE REVPAR FOR ALL HOTELS INCREASED 1.6% TO $137.53 DURING QUARTER.COMPARABLE REVPAR FOR ALL HOTELS NOT UNDER RENOVATION INCREASED 2.3% TO $134.36 DURING QUARTER.  Full Article

Ashford Hospitality Trust To Acquire 252-Room Hilton Alexandria Old Town For $111 Mln
Wednesday, 27 Jun 2018 

June 26 (Reuters) - Ashford Hospitality Trust Inc ::ASHFORD TRUST ANNOUNCES ENHANCED RETURN FUNDING PROGRAM WITH ASHFORD INC. AND AGREEMENT TO ACQUIRE THE HILTON ALEXANDRIA OLD TOWN.ASHFORD HOSPITALITY TRUST INC - TO ACQUIRE 252-ROOM HILTON ALEXANDRIA OLD TOWN FOR $111 MILLION.  Full Article

Ashford Hospitality Trust Board Reapproved Stock Repurchase Program
Tuesday, 12 Dec 2017 

Dec 11 (Reuters) - Ashford Hospitality Trust Inc ::ASHFORD HOSPITALITY TRUST-ON DEC 5 BOARD REAPPROVED STOCK REPURCHASE PROGRAM GRANTING CO AUTHORIZATION TO BUY UP TO $200 MILLION OF COMMON STOCK-SEC FILING.  Full Article

Ashford Trust prices public offering of preferred stock
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - Ashford Hospitality Trust Inc ::Ashford Trust prices public offering of preferred stock.Ashford Hospitality Trust - priced its underwritten public offering of 5.4 million shares of 7.50pct series I cumulative preferred stock at $25.00 per share​.  Full Article

Ashford Trust reports third quarter 2017 results
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Ashford Hospitality Trust Inc :Ashford Trust reports third quarter 2017 results.Ashford Hospitality Trust Inc qtrly ‍shr $0.40​.Ashford Hospitality Trust Inc qtrly ‍AFFO earnings per share $0.30​.Ashford Hospitality Trust Inc qtrly ‍total revenue $353.3 million versus $371.9 million ​.Ashford Hospitality Trust Inc qtrly comparable revPAR ‍$124.92 versus $124.97 ​.Q3 FFO per share view $0.33 -- Thomson Reuters I/B/E/S.  Full Article

Ashford reports third quarter 2017 results
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Ashford Inc :Ashford reports third quarter 2017 results.Q3 adjusted earnings per share $1.65.Q3 loss per share $1.05.Q3 revenue $19.3 million.Ashford Inc - ‍at end of Q3 of 2017, company had approximately $6.4 billion of assets under management​.  Full Article