Ashford Hospitality Trust (AHT) has issued an update.
Ashford Hospitality Trust, Inc. has successfully completed the sale of the Hilton Boston Back Bay hotel for $171 million in cash to Beantown Hotel Owner LLC. This major transaction, involving indirect, wholly-owned subsidiaries, was finalized with customary adjustments and was publicly announced the following day through a press release, marking a significant move in the hospitality sector for investors and market watchers alike.
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