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Ashford Hospitality Sells Hilton Alexandria Old Town Hotel

Story Highlights
  • Ashford Hospitality Trust sold the 252-room Hilton Alexandria Old Town on March 31, 2026, for about $57.3 million in net cash and used roughly $32.5 million of proceeds to repay the mortgage secured by the property.
  • The company issued unaudited 2025 pro forma financials removing Hilton Alexandria’s assets, liabilities, and operations, highlighting a preliminary non-recurring loss from the sale and signaling continued portfolio reshaping and leverage reduction efforts.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ashford Hospitality Sells Hilton Alexandria Old Town Hotel

Meet Samuel – Your Personal Investing Prophet

Ashford Hospitality ( (AHT) ) has issued an announcement.

On March 31, 2026, Ashford Hospitality Trust completed the sale of the 252-room Hilton Alexandria Old Town in Alexandria, Virginia, for approximately $57.3 million in cash net of selling expenses, and an affiliated entity reported a gross sale price of $58 million subject to customary adjustments. As part of the transaction, the company paid about $32.5 million to retire the mortgage loan secured by the hotel, and released unaudited pro forma financial information for 2025 reflecting the removal of Hilton Alexandria’s assets, liabilities, and operating results, including a preliminary non-recurring loss tied to the sale, underscoring an ongoing effort to reshape its hotel portfolio and reduce leverage.

The unaudited pro forma data assume the disposition had closed at the end of 2025 for balance sheet purposes and at the start of 2025 for operating results, illustrating how Ashford Hospitality’s financial position and performance would have looked without the Hilton Alexandria asset. While the final loss figures and tax effects may differ from these preliminary estimates, management reports no other non-recurring items related to this transaction, suggesting a relatively clean exit that primarily impacts the company’s leverage, cash position, and future earnings base from that market.

The most recent analyst rating on (AHT) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Ashford Hospitality stock, see the AHT Stock Forecast page.

Spark’s Take on AHT Stock

According to Spark, TipRanks’ AI Analyst, AHT is a Neutral.

The score is held down primarily by weak financial resilience (negative equity, high leverage, and recently negative operating/free cash flow) and bearish technicals. Partially offsetting this are mixed-but-improving operating commentary and deleveraging actions, though refinancing and liquidity risks remain prominent.

To see Spark’s full report on AHT stock, click here.

More about Ashford Hospitality

Ashford Hospitality Trust, Inc. is a real estate investment trust focused on investing in full-service, upscale, and select-service hotels, primarily under well-known brands such as Hilton. The company owns interests in hotel properties across key U.S. markets, seeking to optimize its portfolio through selective acquisitions and dispositions to strengthen its balance sheet and liquidity profile.

Average Trading Volume: 48,099

Technical Sentiment Signal: Sell

Current Market Cap: $17.29M

See more data about AHT stock on TipRanks’ Stock Analysis page.

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