Ashford Hospitality (AHT) has issued an update.
Ashford Hospitality Trust, Inc. has successfully completed the sale of the One Ocean Resort in Atlantic Beach, Florida, for a total of $87 million in cash. This significant transaction, finalized on June 27, 2024, was previously agreed upon on May 31, 2024, and the company has issued a press release to announce this milestone. The sale is a noteworthy event for investors and the company, showcasing its ability to execute major asset transactions.
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