Ashford Hospitality Trust Closes on Hotel Sale, Gives Asset Update
Lodging Magazine
APRIL 29, 2024
DALLAS, Texas—Ashford Hospitality Trust, Inc. percent capitalization rate on trailing 12-month net operating income through March 2024. All the net proceeds from the sale will be used for general corporate purposes including paying down the company’s strategic financing. million ($95,300 per key).
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