On March 17, 2026, Ashford Hospitality Trust, Inc. announced the completion of the sale of the La Posada de Santa Fe, a 157-room hotel located in Santa Fe, New Mexico. The transaction was executed through Ashford Posada LP, an indirect wholly owned subsidiary of the company, and was finalized for a total cash consideration of $57.5 million. This sale is part of the company's ongoing strategy to optimize its portfolio and enhance liquidity. The proceeds from the sale will be utilized to strengthen the company's financial position, including paying down existing debt obligations. The sale is expected to have a positive impact on the company's balance sheet, as it allows for the reduction of liabilities and improves cash flow. Furthermore, the transaction aligns with Ashford's strategic focus on maximizing shareholder value through prudent asset management and capital allocation. The company has indicated that the sale will not only enhance its liquidity but also provide additional resources for future investments and operational improvements. The unaudited pro forma financial information for the company as of September 30, 2025, and for the year ended December 31, 2024, has been included in the filing, reflecting the impact of this transaction on the company's financials. This strategic move is anticipated to bolster Ashford's operational execution and overall strategy outlook, positioning the company for future growth opportunities.

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