Earnings ·
Ashford Hospitality Trust reports Q3 net income of $2.5M as debt falls to $1.9B
AHTAshford Hospitality Trust Inc
Ashford Hospitality Trust reported a net income attributable to common stockholders of $2.5 million, or $0.12 per diluted share, for the third quarter ended September 30, 2026, compared to a net loss of $69.0 million in the prior-year period. Comparable RevPAR increased 7.3% to $140.8, driven by a 6.1% rise in Average Daily Rate and a 1.2% increase in occupancy. Adjusted EBITDAre was $34.9 million, while total debt decreased 26.4% to $1.9 billion following the sale of four hotels for $145.8 million and the refinancing of the Highland loan pool. The company also announced that its advisor waived approximately $17 million in advisory fees and committed to purchasing 2.5% of outstanding common stock quarterly. Ashford Hospitality Trust is a real estate investment trust focused on investing predominantly in upper upscale, full-service hotels.