Ashford Hospitality Trust (AHT)
Owner of U.S. upper-upscale hotels managed through an external adviser.
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Owns U.S. upper-upscale, full-service hotels operated under major hotel brands, generating revenue from rooms, food and beverage, and guest services. An external adviser and affiliated or third-party managers supply the staffing and daily operating model, while sales and refinancing underpin the liquidity plan.
Owns U.S. upper-upscale, full-service hotels, primarily operating under Hilton, Hyatt, Marriott, and InterContinental Hotels Group brands. Rooms are the primary customer-facing revenue stream, supplemented by food and beverage and other guest services across urban, airport, suburban, and resort markets.
Uses taxable REIT subsidiaries to hold hotel operations while an affiliated external adviser provides asset management; Remington Hospitality and third-party firms run properties. The portfolio is being reduced through hotel sales to support liquidity, debt repayment, and lower future capital-expenditure obligations.
Depends on hotel demand, room rates, franchise relationships, refinancing, and asset sales. It has no direct employees: Ashford LLC supplies personnel and services under the external-advisory structure.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
No analyst notes in the last 24 months.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $73.4M · Total debt $2.23B · Total assets $2.33B · Shareholders' equity −$344.7M
- Revenue
- $273.2M
- Operating income
- $39.5M
- Net income
- $128.0M
No dividends on record.
| Institutions | 24.94% | 1.61M shares | |
|---|---|---|---|
| 35 holders · as of Jun 30, 2026 | |||
| Insiders | 0.68% | 43.7K shares | |
| 4 holders · as of Jul 2, 2026 | |||
| Other | 74.38% | 4.81M shares | |
| remainder | |||
6.47M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Castleknight Management LPInstitution | 6.83% | 441,894 | as of Jun 30, 2026 |
CastleKnight Master Fund LPInstitution | 6.35% | 410,894 | filed Feb 17, 2026 |
Kingsbury Capital Investment Advisors LLCInstitution | 4.05% | 262,020 | as of Jun 30, 2026 |
KMT Wealth Management, LLCInstitution | 4.05% | 262,020 | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 3.76% | 243,014 | as of Jun 30, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
- Host Hotels & Resorts
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- Sunstone Hotel Investors
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CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Ashford Hospitality Trust | $2.66 | −0.75% | $17.4M | — | — | 0.0 | −9.5% |
| Host Hotels & Resorts | $22.48 | +0.85% | $15.28B | 15.2 | 22.1 | 2.5 | +3.4% |
| Park Hotels & Resorts | $15.19 | +0.07% | $3.05B | — | 28.1 | 1.2 | +1.2% |
| DiamondRock Hospitality | $12.31 | 0.00% | $2.51B | 16.8 | 19.3 | 2.2 | +4.1% |
| Xenia Hotels & Resorts | $17.89 | +0.06% | $1.65B | — | 38.9 | 1.5 | +2.8% |
| Pebblebrook Hotel Trust | $18.26 | 0.00% | $2.06B | — | — | 1.4 | −0.1% |
| Sunstone Hotel Investors | $11.09 | −0.05% | $2.06B | 45.0 | 51.3 | 2.1 | +6.7% |
| Median | 16.8 | 28.1 | 1.8 | +3.1% |








