Ashford Hospitality Trust, a Dallas-based real estate investment trust, focuses on upscale hotels, owning 75 properties with 17,931 rooms and a 15.1% stake in OpenKey. It went public on August 26, 2003.
AHT has been in the news recently: Ashford Hospitality Trust anticipates a fourth-quarter 2024 occupancy rate of 66% and a revenue per available room (RevPAR) increase of 3.0% to about $126. The company also declared dividends for preferred stocks and sold the 315-room Courtyard Boston Downtown for $123 million, improving its financial position.
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