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Ashford Trust Posts $14.2 Million Q3 Net Income as RevPAR Rises 7.3%

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Ashford Hospitality Trust (AHT) reported third-quarter 2026 total revenue of $214.4 million and net income of $14.2 million. Net income attributable to common stockholders was $2.5 million, or $0.12 per diluted share, compared with a $69.0 million loss in the prior-year quarter.

Comparable RevPAR rose 7.3% to $140.80, driven by a 6.1% increase in comparable ADR and a 1.2% increase in comparable occupancy. The company reported total debt of $1.9 billion at September 30, down $677.4 million from December 31, 2025.

  • Comparable hotel EBITDA increased 6.9% to $55.5 million.
  • Adjusted EBITDAre was $34.9 million.
  • The company sold four hotels during the quarter for combined gross proceeds of $145.8 million.
  • Cash and cash equivalents totaled $87.3 million, while restricted cash was $122.1 million.
  • Following quarter-end, Ashford Inc. waived advisory fees expected to save approximately $17 million over six months.

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