Ashford Hospitality Trust Inc. has announced agreements to sell three hotel assets: Le Pavillon in New Orleans, Embassy Suites by Hilton Austin Arboretum, and Embassy Suites by Hilton Houston Near the Galleria. The combined sales are expected to generate approximately $69.5 million in gross proceeds. The transactions are part of the company's strategy to deleverage and improve cash flow and liquidity.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ashford Hospitality Trust Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001232582-25-000172), on November 20, 2025, and is solely responsible for the information contained therein.
Comments