Ashford Hospitality Trust INC 8-K filings

Ashford Hospitality Trust announces it has fully paid off its strategic financing, including the exit fee, which dates back to early 2021 and aided in the company's recovery from the COVID-19 pandemic.

Ashford Hospitality Trust announces the closing of a $580 million refinancing secured by 16 hotels, allowing the company to pay off its strategic financing and eliminate corporate-level debt.

Ashford Hospitality Trust announces the completion of several revenue-focused initiatives under the GRO AHT plan, expecting to drive over $3 million in incremental annual EBITDA.

Ashford Hospitality Trust is launching public offerings for Series L and M Redeemable Preferred Stock, modifying its partnership agreement and charter to accommodate the new issuances.

Ashford Hospitality Trust announces the tax reporting information for the 2024 distributions on its Series D, F, G, H, I, J and K preferred shares.

Kamal Jafarnia resigns from Ashford Hospitality Trust's Board of Directors due to a change in his principal occupation, with no disagreements cited.

Ashford Hospitality Trust has amended its previous 8-K filing to include pro forma financial information following the sale of the Courtyard Boston Downtown hotel for $121.5 million.

Ashford Hospitality Trust finalizes the sale of the Courtyard Boston Downtown in Boston for $123 million in cash.

Ashford Hospitality Trust has announced the declaration of dividends for its various series of preferred stock for the first quarter of 2025.

Ashford Hospitality Trust anticipates a 3.0% increase in Comparable RevPAR for Q4 2024 compared to the same period last year, driven by strong corporate and group demand.

Ashford Hospitality Trust announces the resignation of director Alan Tallis, effective December 31, 2024, as part of a cost-cutting initiative.

Ashford Hospitality Trust has successfully extended its $37 million mortgage loan secured by the Le Pavillon Hotel in New Orleans, with a new potential maturity date in December 2027.

Ashford Hospitality Trust has launched a strategic initiative, GRO AHT, focused on G&A reduction, revenue maximization, and operational efficiency, aiming for a $50 million increase in EBITDA.

Ashford Hospitality Trust's Crowne Plaza La Concha Hotel in Key West, Florida, has been converted to a Marriott Autograph Collection property following a $35 million renovation.

Ashford Hospitality Trust has agreed to sell the Courtyard Boston Downtown for $123 million in cash, with the sale expected to close in January 2025.

Ashford Hospitality Trust has agreed to sell the Courtyard Boston Downtown for $123 million, with the sale expected to close in January 2025.

Ashford Hospitality Trust plans to close its Series J and Series K non-traded preferred stock offering on March 31, 2025, after raising approximately $180 million in gross proceeds.

Ashford Hospitality Trust has announced the conversion of its Le Pavillon Hotel in New Orleans to a Tribute Portfolio property following a $19 million renovation.

Ashford Hospitality Trust has entered a 90-day forbearance period for its Morgan Stanley Pool loan secured by 17 hotels and is actively negotiating a multi-year extension.

Ashford Hospitality Trust successfully refinanced its mortgage loan for the Marriott Crystal Gateway Hotel, generating $31 million in excess proceeds to pay down strategic financing.

Ashford Hospitality Trust announced its third quarter 2024 results, highlighting progress in debt reduction, strategic hotel conversions, and operational improvements.

Ashford Hospitality Trust has amended its strategic financing agreement, reducing the exit fee to 12.5% if certain debt reduction targets are met by mid-December.

Ashford Hospitality Trust reported a net loss for the third quarter of 2024, while making progress on its strategic financing plan through asset sales and capital raising.

Ashford Hospitality Trust has completed a one-for-ten reverse stock split of its common stock and partnership units, effective October 25, 2024.

Ashford Hospitality Trust's CEO, Stephen Zsigray, receives a one-time sign-on bonus and equity grant as part of a compensatory arrangement with the company's external advisor, Ashford Inc.

Ashford Hospitality Trust has announced a 1-for-10 reverse stock split to increase its share price and regain compliance with the NYSE's minimum listing requirement.

Ashford Hospitality Trust announced preliminary third-quarter 2024 results, showing a slight decrease in RevPAR compared to the same period last year.

Ashford Hospitality Trust has announced the declaration of dividends for its various series of preferred stock for the fourth quarter of 2024.

Ashford Hospitality Trust has received a notice from the NYSE for non-compliance with listing standards due to its low share price and plans a 1-for-10 reverse stock split to regain compliance.

Ashford Hospitality Trust's subsidiary, Ashford TRS Corporation, has amended its hotel management agreement with Remington Lodging & Hospitality, capping monthly group service fees per room at $38.32, with annual increases starting in 2026.