Ashford Hospitality Trust sells St. Petersburg Hilton Bayfront for USD 95.3 million

Reuters03-11
Ashford Hospitality Trust sells St. Petersburg Hilton Bayfront for USD 95.3 million

Ashford Trust completed the sale of the 333-room St. Petersburg Hilton Bayfront in Florida for approximately USD 95.3 million in cash, net of selling expenses. The company paid about USD 94.7 million to a mortgage lender in connection with the transaction. The mortgage loan is secured by 12 hotels, including the Hilton St. Petersburg.

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: 0001232582-26-000041), on March 10, 2026, and is solely responsible for the information contained therein.

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