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Key Developments: Ashford Hospitality Trust Inc (AHT)

AHT on New York Consolidated

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25 May 2016
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Latest Key Developments (Source: Significant Developments)

Ashford Hospitality Trust Declares Dividends For Fourth Quarter Of 2015
Thursday, 10 Dec 2015 04:15pm EST 

Ashford Hospitality Trust, Inc:declared a quarterly cash dividend of $0.12 per diluted share for the Company's common stock for the fourth quarter ending December 31, 2015.The dividend, which equates to an annual rate of $0.48 per share, is payable on January 15, 2016, to shareholders of record as of December 31, 2015.The Board also approved the Company's dividend policy for 2016.The Company expects to pay a quarterly cash dividend of $0.12 per share for 2016, or $0.48 per share on an annualized basis.  Full Article

Ashford Hospitality Trust Inc declares dividends for third quarter of 2015
Tuesday, 15 Sep 2015 08:00am EDT 

Ashford Hospitality Trust Inc:Declared a quarterly cash dividend of $0.12 per diluted share for common stock.Says dividend, which equates to an annual rate of $0.48 per share, is payable on October 15 to shareholders of record as of September 30.Board declared a quarterly cash dividend of $0.5344 per diluted share for 8.55% Series A Cumulative Preferred Stock.Says dividend, which equates to an annual rate of $2.1375 per share, is payable on October 15 to shareholders of record as of September 30.Board declared a quarterly cash dividend of $0.5281 per diluted share for 8.45% Series D Cumulative Preferred Stock.Says dividend, which equates to an annual rate of $2.1125 per share, is payable on October 15 to shareholders of record as of September 30.Declared a quarterly cash dividend of $0.5625 per diluted share for 9.00% Series E Cumulative Preferred Stock.Says dividend, which equates to an annual rate of $2.25 per share, is payable on October 15 to shareholders of record as of September 30.  Full Article

Ashford Hospitality Trust Inc To acquire The W Minneapolis & Le Meridien Minneapolis for $101 million
Wednesday, 24 Jun 2015 04:05pm EDT 

Ashford Hospitality Trust Inc:Signed a definitive agreement to acquire two Minneapolis hotels, the 229-room W Minneapolis Hotel.Says company will assume approximately $56.0 million of mortgage debt on the w minneapolis hotel.Says post-closing, both properties will continue to be managed by starwood hotels.  Full Article

Ashford Hospitality Trust Inc completes acquisition of 9-Hotel Portfolio For $224 mln
Wednesday, 17 Jun 2015 06:14pm EDT 

Ashford Hospitality Trust Inc:Says that it has completed the previously-announced acquisition of a 9-hotel portfolio for total consideration of $224 million ($179,000 per key).  Full Article

Ashford Hospitality Trust Inc declares dividends for second quarter of 2015
Monday, 15 Jun 2015 08:00am EDT 

Ashford Hospitality Trust Inc:Declares quarterly cash dividend of $0.12 per diluted share for the Company's common stock for the second quarter ending June 30, 2015.The dividend, which equates to an annual rate of $0.48 per share, is payable on July 15, to shareholders of record as of June 30.Board declares quarterly cash dividend of $0.5344 per diluted share for the Company's 8.55 pct Series A Cumulative Preferred Stock for the second quarter ending June 30, 2015.The dividend, which equates to an annual rate of $2.1375 per share, is payable on July 15, to shareholders of record as of June 30.Board declared a quarterly cash dividend of $0.5281 per diluted share for the Company's 8.45% Series D Cumulative Preferred Stock for the second quarter ending June 30, 2015.The dividend, which equates to an annual rate of $2.1125 per share, is payable on July 15, to shareholders of record as of June 30.Board declared a quarterly cash dividend of $0.5625 per diluted share for the Company's 9.00 pct Series E Cumulative Preferred Stock for the second quarter ending June 30, 2015.The dividend, which equates to an annual rate of $2.25 per share, is payable on July 15, to shareholders of record as of June 30.  Full Article

Ashford Hospitality Trust Inc completes acquisition of Le Pavillon Hotel in New Orleans, Louisiana; arranges $43.75 million non-recourse mortgage loan
Thursday, 11 Jun 2015 07:16pm EDT 

Ashford Hospitality Trust Inc:Says that it has completed acquisition of 226-room Le Pavillon Hotel for total consideration of $62.5 million in cash ($277,000 per key).Says that it has also closed on $43.75 million non-recourse mortgage loan to finance acquisition.Says new financing has a two-year term and three, one-year extension options, subject to the satisfaction of certain conditions.Says loan is interest only and provides for a floating interest rate of LIBOR + 5.10 pct.  Full Article

Ashford Hospitality Trust Inc to acquire The W Atlanta Downtown Hotel for $56.8 million
Thursday, 11 Jun 2015 07:16pm EDT 

Ashford Hospitality Trust Inc:Signs definitive agreement to acquire the 237-room W Atlanta Downtown hotel for total consideration of $56.8 million ($239,000 per key).Intends to finance the property with about $45.4 million of non-recourse mortgage debt.Says that post-closing, the hotel will continue to be managed by Starwood Hotels.  Full Article

Ashford Hospitality Trust Inc announces acquisition of 9-hotel portfolio for $224 mln
Tuesday, 19 May 2015 04:05pm EDT 

Ashford Hospitality Trust Inc:Signs definitive agreement to acquire 9-hotel portfolio for total consideration of $224 mln in cash.Anticipates financing portfolio with non-recourse debt of about $179 mln.Upon closing, all of the properties will be managed by Remington Lodging.  Full Article

Ashford Hospitality completes acquisition of Hampton Inn & Suites Gainesville
Thursday, 30 Apr 2015 08:00am EDT 

Ashford Hospitality Trust Inc:Has completed the acquisition of the 124-room Hampton Inn & Suites Gainesville hotel for total consideration of $25.3 million in cash ($204,000 per key).The Company intends to finance the property with about $21.2 million of non-recourse mortgage debt.  Full Article

Ashford Hospitality Trust, Inc. declares dividends for Q1 2015
Friday, 13 Mar 2015 05:30pm EDT 

Ashford Hospitality Trust, Inc:Declares a quarterly cash dividend of $0.12 per diluted share for common stock for Q1 2015.Dividend is payable on April 15, to shareholders of record as of March 31.Declares a quarterly cash dividend of $0.5344 per diluted share for 8.55% Series A Cumulative Preferred Stock for Q1 2015.Payable on April 15, to shareholders of record as of March 31.Declares a quarterly cash dividend of $0.5281 per diluted share for 8.45% Series D Cumulative Preferred Stock for Q1 2015.Dividend is payable on April 15, to shareholders of record as of March 31.Declares a quarterly cash dividend of $0.5625 per diluted share for 9.00% Series E Cumulative Preferred Stock for Q1 2015.Dividend is payable on April 15, to shareholders of record as of March 31.  Full Article

BRIEF-Ashford Trust reports Q1 adjusted FFO per share $0.36

* Says revpar for all hotels increased 2.5% during quarter Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)