Ashford Hospitality Trust resets adviser termination fee to 30 years of foregone EBITDA

Reuters03-31
Ashford Hospitality Trust resets adviser termination fee to 30 years of foregone EBITDA
  • Ashford Hospitality Trust amended advisory contract with Ashford Inc., resetting termination fee to 30 years of foregone adjusted EBITDA discounted at 2%.
  • Advisor gained expanded ability to trigger change-of-control termination economics through Dec. 31, 2026, tied to Annualized Portfolio Cash Flow below $65 million.
  • Operating partnership agreed to indemnify advisor for tax liabilities tied to asset dispositions or valuation adjustments since Jan. 1, 2024.
  • Contract term extended to Dec. 31, 2055 with two 20-year extension options.
  • Agreement removed company ability to terminate advisory contract for fraud.


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: 0001232582-26-000076), on March 30, 2026, and is solely responsible for the information contained therein.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment