On April 2, 2026, Ashford Hospitality Trust, Inc. announced the completion of the sale of the Hilton Alexandria Old Town, located in Alexandria, Virginia. The transaction, finalized on March 31, 2026, was executed through Ashford Alexandria LP, a wholly owned subsidiary of the company. The sale was conducted under an Agreement of Purchase and Sale dated February 25, 2026, with Lodging Capital Partners LLC as the purchaser. The total consideration for the sale amounted to $58 million in cash, subject to customary pro-rations and adjustments. This sale is part of Ashford's strategic efforts to optimize its portfolio and enhance liquidity. The company also disclosed that it paid approximately $32.5 million to the mortgage lender associated with the property, which was secured by the Hilton Alexandria. The transaction is expected to positively impact Ashford's financial position by improving liquidity and reducing debt obligations. The company has provided unaudited pro forma financial information reflecting the impact of this sale on its financial statements for the year ended December 31, 2025. This includes adjustments for the cash consideration received and the repayment of the mortgage loan. The sale aligns with Ashford's ongoing strategy to streamline operations and focus on core assets that drive value for shareholders.

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