- CEO
- Stephen Zsigray
- Full Time Employees
- 101
- Sector
- Real Estate
- Industry
- REIT - Hotel & Motel
- Address
- 14185 Dallas Parkway Dallas TX United States of America 75254
- IPO Date
- Oct 17, 2016
- Business
- Ashford Hospitality Trust, Inc. (NYSE: AHT-PG) is a real estate investment trust focused on owning and operating predominantly upper-upscale, full-service hotels in the United States; its portfolio includes approximately 70 properties with over 16,000 rooms, featuring dominant brands such as Hilton, Marriott, Hyatt, Embassy Suites, Courtyard, Renaissance, Sheraton, and Ritz-Carlton, offering accommodations, meeting spaces, food and beverage services, and amenities for business and leisure travelers across key markets including Texas, California, Florida, New York, and Washington D.C. The company generates revenue primarily from room bookings, food and beverage operations, and other ancillary services through direct hotel investments conducted via its operating partnership, Ashford Hospitality Limited Partnership; it also pursues mezzanine financing, first mortgage loans, and sales-leaseback transactions to support hospitality sector exposure. Founded in 2003 and headquartered in Dallas, Texas, Ashford Hospitality Trust operates in the hotel lodging industry with a geographically diversified portfolio concentrated in gateway and resort destinations. In recent developments, the company launched the GrowAHT initiative in late 2024 to drive $50 million in run-rate EBITDA improvements through asset sales, renovations, and brand conversions; it extended its MS-17 mortgage loan in April 2025, sold the Hilton Houston NASA Clear Lake and anticipates closing three additional hotels for $69.5 million in gross proceeds to reduce leverage and enhance cash flow by over $2 million annually, eliminating $14.5 million in capital obligations; as of Q2 2025, it reported strategic progress amid market headwinds, with no common dividend planned for the year to prioritize capital structure enhancements.