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Business Description
Ashford Hospitality Trust Inc. (Ashford) is a real estate investment trust (REIT) that carries out investing in the hospitality industry, including direct real estate, securities, equity, and debt. As of December 2025, the company's portfolio includes 67 consolidated operating hotel properties with a total of 16,445 rooms, and it holds interests in additional properties through various ownership structures, one additional property through a 29.3% owned investment, with 188 total rooms. The company also has an investment in an entity that owns the Meritage Resort and Spa and the Grand Reserve at the Meritage in Napa, CA. Ashford does not operate its hotel properties directly instead, it operates under the brands such as Hilton, Hyatt, and Marriott International Hotel Group and through its subsidiaries. It primarily operates in the US.
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