Business Context and Reporting Period
Company: Ashford Hospitality Trust, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: June 30, 2026
Event Date: June 30, 2026
This filing reports the completion of a significant asset disposition by the Company's indirect wholly owned subsidiaries, HH Savannah LLC and HHC TRS Savannah LLC.
Key Financial Metrics and Transaction Details
- Asset Sold: Hyatt Regency Savannah, located in Savannah, Georgia.
- Purchaser: C&C Bay Hotel Owner, LLC.
- Sale Price: $158.0 million in cash.
- Adjustments: Subject to customary pro-rations and adjustments.
- Pro Forma Data: Unaudited pro forma financial information is provided for the three months ended March 31, 2026, and the year ended December 31, 2025 (Exhibit 99.1).
Note: This 8-K filing does not provide specific consolidated revenue, profit, cash flow, margin, debt, or liquidity metrics for the reporting period. These figures are contained in the referenced pro forma exhibit.
Material Changes
The primary material change is the removal of the Hyatt Regency Savannah from the Company's portfolio following the sale on June 30, 2026. This transaction represents a significant reduction in real estate assets and a corresponding increase in cash proceeds, pending customary adjustments.
Guidance, Outlook, and Risks
The filing does not contain updated forward-looking guidance, management commentary on future outlook, or specific risk factors beyond the standard disclosure of the transaction completion. The transaction was executed pursuant to an Agreement of Purchase and Sale dated May 15, 2026.
Investor Verification Checklist
- Review Exhibit 99.1 for the unaudited pro forma financial information to understand the impact of the sale on the Company's financial position for the periods ended March 31, 2026, and December 31, 2025.
- Verify the final net cash proceeds after customary pro-rations and adjustments are finalized.
- Confirm the Company's updated portfolio composition and remaining debt obligations post-transaction.