On September 25, 2026, Ashford Hospitality Trust completed the sale of its 220-room Embassy Suites Las Vegas to 4315 Hospitality LLC for approximately $42.7 million in cash, net of selling expenses. The transaction included the repayment of a $41.2 million mortgage loan secured by the property and six other hotels. The disposition generated a preliminary non-recurring gain of approximately $31.4 million for the year ended December 31, 2025. Ashford Hospitality Trust operates in the hospitality industry as a real estate investment trust that owns and manages hotel properties.