Earnings Releases·Nov 10, 2026, 5:28 PM ET

Ashford Hospitality Trust — Third Quarter 2026 Earnings Summary

Net income attributable to common stockholders turned positive at $2.5 million ($0.12 per diluted share) versus a $69.0 million loss in the prior-year quarter, driven by a 6.9% year-over-year increase in Comparable Hotel EBITDA to $55.5 million and a 7.3% rise in Comparable RevPAR.
Total debt decreased 26.4% to $1.9 billion from $2.6 billion at year-end 2025, resulting in a 15.9% reduction in quarterly interest expense, while the company closed on four hotel sales for $145.8 million in the quarter and 19 hotels totaling $796 million year-to-date.
Management confirmed the operational turnaround is gaining momentum with the strongest quarterly RevPAR growth of the year, though elevated interest rates currently constrain the resumption of capital returns to preferred holders.
Ashford Inc. committed to purchasing 2.5% of the company's common stock quarterly via open market purchases, while simultaneously waiving approximately $17 million in advisory fees and terminating its at-the-market equity offering program.