Ashford Hospitality Trust Q2 Net Income $120.7M; EPS $18.73

Ashford Hospitality Trust reported a significant turnaround in its second quarter of 2026, with net income attributable to common stockholders reaching $120.7 million, compared to a loss of $39.9 million in the prior year period. Basic earnings per share improved to $18.73 from a loss of $6.88. Total revenue for the quarter decreased to $273.2 million from $302.0 million, while net cash provided by operating activities for the six months ended June 30, 2026, was $22.1 million, a substantial improvement from a net use of $8.6 million in the same period last year. The company also recorded a significant gain of $250.1 million from the disposition of assets and hotel properties for the six-month period.