AHT · Ashford Hospitality Trust, Inc.

Ashford Hospitality Trust, through its indirect wholly owned subsidiary Ashford Alexandria LP, sold the Hilton Alexandria Old Town for $58 million gross cash consideration, netting approximately $57.3 million after expenses and repaying a $32.5 million mortgage. This disposition removes the hotel's assets ($60.5 million net investment in hotel properties), liabilities ($32.4 million indebtedness), and related operations from the balance sheet and income statement on a pro forma basis as of and for the year ended December 31, 2025. Pro forma total assets decline by $36.5 million to $2,797.2 million, with indebtedness reduced by $32.4 million to $2,494.2 million. Operationally, total hotel revenue decreases by $17.4 million to $1,085.5 million, hotel expenses by $10.5 million to $757.7 million, but a $2.993 million non-recurring disposition loss is recorded, partially offset by tax effects. Net loss attributable to common stockholders improves by about $30.4 million to $(184.6) million, or $(30.90) per share. The transaction simplifies the portfolio by eliminating this property and its debt, with pro forma figures preliminary and subject to final adjustments.