Quarterly ResultNov 10, 2026, 05:31 PM
Ashford Hospitality Trust Q3 2026 Net Income $2.5M vs Loss; RevPAR Up 7.3%
AI Summary
Ashford Hospitality Trust reported its third quarter 2026 financial results, showing a significant improvement in net income and key performance indicators. Comparable RevPAR increased by 7.3%, and net income attributable to common stockholders turned positive at $2.5 million ($0.12 per diluted share) from a loss in the prior year. The company also reported Adjusted EBITDAre of $34.9 million and a 6.9% increase in Comparable Hotel EBITDA. Strategic initiatives included the sale of five hotels for a combined $171.8 million and a reduction in total debt by $677.4 million.
Key Highlights
- Comparable RevPAR increased 7.3% to $140.8 in Q3 2026.
- Net income attributable to common stockholders was $2.5 million ($0.12/share) in Q3 2026, compared to a net loss of $(69.0) million ($(11.35)/share) in Q3 2025.
- Adjusted EBITDAre was $34.9 million for Q3 2026.
- Adjusted FFO per diluted share was $(2.22) in Q3 2026, compared to $(2.85) in Q3 2025.
- Comparable Hotel EBITDA was $55.5 million for Q3 2026, a 6.9% increase year-over-year.
- Company sold four hotels for $145.8 million in Q3 2026 and one more for $26.0 million post-quarter.
- Total debt decreased by $677.4 million to $1.9 billion as of September 30, 2026.
Price Impact
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