Ashford Hospitality ( (AHT) ) has provided an announcement.
In its fourth quarter 2024 earnings call held on February 26, 2025, Ashford Hospitality Trust reported a 3.1% growth in Comparable RevPAR, 4.6% growth in total revenue, and a 6.2% increase in Comparable Hotel EBITDA. The company highlighted its strategic initiatives, including the conversion of hotels to Marriott’s Autograph Collection and Tribute Portfolio, which led to significant revenue growth. Ashford also completed refinancing and asset sales to strengthen its financial position and launched the ‘GRO AHT’ initiative aimed at boosting EBITDA by $50 million through cost reduction, revenue maximization, and operational efficiency. These efforts are expected to enhance shareholder value and improve the company’s market positioning.
More about Ashford Hospitality
Ashford Hospitality Trust, Inc. operates in the hospitality industry, focusing on hotel investments and asset management. The company is known for its high-quality, geographically diverse portfolio, and it engages in strategic decisions to enhance revenue and operational efficiency.
YTD Price Performance: 11.54%
Average Trading Volume: 45,707
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $45.88M
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