Financing ·
Ashford Inc. waives $17M advisory fees and commits to buy 2.5% of shares quarterly
AHT-PFAshford Hospitality Trust Inc
Ashford Inc., advisor to Ashford Hospitality Trust, has agreed to waive approximately $17 million in base and incentive advisory fees for the six-month period from November 2026 through April 2027. Concurrently, Ashford Inc. entered into a Share Purchase Agreement to buy open-market shares equal to 2.5% of outstanding stock each quarter for up to three years, with a penalty credit if purchases fall short. The company also terminated its $100 million at-the-market equity distribution program. These actions aim to strengthen liquidity and align advisor interests with shareholders. Ashford Hospitality Trust is a real estate investment trust focused on upper upscale, full-service hotels.