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Ashford Hospitality Trust INC SEC 10-Q-report-trading news news

Ashford Hospitality Trust Inc., a real estate investment drink (riding) that focuses on investing in the upper high, full service hotels has published its form 10-Q report for the third quarter. The report offers a comprehensive overview of the company's financial performance and operational highlights of the company, which reflects the challenges and opportunities in the current market environment.

Financial highlights

  • Total turnover: 277.4 million US dollars, which reflects a decline compared to the $ 303.9 million of the previous year, mainly due to sales with lower space and food and drinks.
  • Operating result (loss): USD 61.5 million, a significant decrease of $ 152.5 million in the previous year, affected by reduced hotel income and increased advisory services.
  • Net result (loss) that are due to the company: $ (20.0) million compared to a net result of $ 71.6 million in the previous year, which is due to lower operating results and higher interest expenses.
  • Net result (loss) that are due to regular shareholders: $ (27.8) million, after USD 67.4 million, influenced by preferred dividends and as dividends for redeemable preferred shares.
  • Net result (loss) per share – basic and watered down: $ (4.91), a decline of $ 17.45 in the previous year, which reflects the general decline in net income and the effects of the preferred dividends.

Business highlights

  • Geographical performance: The area of ​​Washington DC – MD – VA was the top performance region with total sales of $ 39,769,000, which were powered by strong space and food and drinks sales. The Metro Area in Los Angeles, approx.
  • Geographical performance: The area of ​​Atlanta, GA and Dallas / Ft. The value of value, TX, both contributed significantly to sales, with $ 20,050,000 or $ 21,491,000, which indicates a strong market presence in these regions.
  • Geographical performance: The area of ​​Miami, FL U -Bahn and Tampa, FL, showed a solid performance with sales of $ 13,203,000 or $ 13,453,000, which emphasizes the importance of the Florida market.
  • Geographical performance: The area of ​​Nashville, TN, generated sales of $ 23,874,000, which is mainly due to high sales with food and drinks, which indicates a strong market for hospitality in the region.
  • Geographical performance: The San Francisco – Oakland, CA METRO AREA and New York / New Jersey Metro Area generated sales of USD 10,738,000 and USD 12,451,000, which is due to the constant demand in these large urban markets.
  • Future prospects: The company assumes that future investments will mainly be in the upper high hotels and will concentrate on real estate with income per available space.
  • Future prospects: Ashford Hospitality Trust plans to further use his relationship with Ashford LLC for asset management and operational services, which is expected to be operational efficiency and performance.

SEC entry: Ashford Hospitality Trust Inc. [ AHT ] – 10 -Q – May. 14, 2025

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