Ashford Hospitality Trust, Inc. (N:AHT)

Sector:  N/A Industry:  N/A
 
See Regulatory Filings on SEC
Company Contact
Address: 14185 Dallas Pkwy Ste 1100
DALLAS TX 75254-4308
Tel: N/A
Website: https://www.ahtreit.com
IR: See website
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Key People
J. Robison Hays
President, Chief Executive Officer, Director 		Stephen Zsigray
President, Chief Executive Officer 		Deric S. Eubanks
Chief Financial Officer, Treasurer
Alex Rose
Executive Vice President, General Counsel, Secretary 		Justin Coe
Chief Accounting Officer 		 
Business Overview
Ashford Hospitality Trust, Inc. is a real estate investment trust (REIT). The Company's portfolio consists of upscale hotels and upper upscale full-service hotels. The Company owns its lodging investments and conducts its business through Ashford Hospitality Limited Partnership (Ashford Trust OP). The Company's hotel properties are primarily branded under the brands of Hilton, Hyatt, Marriott and Intercontinental Hotel Group. The Company operates through one segment: direct hotel investments. The Company's portfolio consists of 90 hotels with 20,549 rooms. It owns a 15.1 % ownership in OpenKey, Inc. The Company owns four consolidated operating hotel properties, which represent 405 total rooms owned through a 99.4% ownership interest in Stirling REIT OP, LP (Stirling OP). The Company also has an investment in an entity that owns the Meritage Resort and Spa and the Grand Reserve at the Meritage (the Meritage Investment) in Napa, California.
Financial Overview
For the fiscal year ended 31 December 2023, Ashford Hospitality Trust, Inc. revenues increased 10% to $1.37B. Net loss applicable to common stockholders increased 26% to $193.7M. Revenues reflect Rooms increase of 9% to $1.06B, Food and beverage increase of 18% to $232.8M, Other hotel revenue increase of 8% to $72.7M. Higher net loss reflects Interest expense and amortization of dis increase of 61% to $366.1M (expense).
Employees: 105 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $3,381M as of Dec 31, 2023
Annual revenue (TTM): $1,368M as of Dec 31, 2023
EBITDA (TTM): $307.44M as of Dec 31, 2023
Net annual income (TTM): -$193.69M as of Dec 31, 2023
Free cash flow (TTM): -$137.98M as of Dec 31, 2023
Net Debt Last Fiscal Year: $3,249M as of Dec 31, 2023
Shares outstanding: 39,708,792 as of Mar 14, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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