AHT

Ashford Hospitality Trust Inc. is a real estate investment trust (REIT) investing in full-service and upscale hotel properties across the United States. The company owns hotels operated under premium brands including Marriott, Hilton, Hyatt, and other major hospitality brands. Ashford Hospitality Trust generates revenue through room rentals, food and beverage, meeting and event services, and other hotel operations. The company employs third-party hotel management companies to operate properties under franchise or management agreements. Ashford's portfolio spans diverse geographic markets and includes properties serving business, leisure, and group travel segments. The company uses leverage to enhance returns, which amplifies both gains and losses. Founded in 2003 and headquartered in Dallas, Texas, Ashford Hospitality Trust operates in the lodging REIT sector, one of the more cyclical real estate categories due to sensitivity to economic conditions, business travel, and consumer confidence. The company navigates competitive hospitality markets, brand relationship dynamics, and capital-intensive property requirements. Ashford pursues value through strategic acquisitions, asset repositioning, and operational improvements while managing debt, market cycles, and distribution to shareholders.