Ashford Hospitality Trust Q2 RevPAR rises 6.6% as debt falls

Ashford Hospitality Trust

12/08/2026 21:27

Overview
U.S. hotel REIT's Q2 comparable RevPAR rose 6.6% on higher average daily rates
Adjusted FFO per diluted share increased sharply from prior-year quarter
Company sold nine hotels in Q2, using proceeds to reduce debt and improve leverage

Outlook
Company expects strategic asset sales to remain a key focus for balance sheet improvement
Company says higher interest rate environment may delay resumption of capital returns to preferred holders

Result Drivers
RATE-LED GROWTH - Co said Q2 comparable RevPAR rose 6.6% driven mainly by a 5.8% increase in average daily rate, with occupancy up 0.7%
ASSET SALES - Co sold nine hotels in Q2 and used proceeds to pay down debt, improve leverage and reduce interest expense
COST DISCIPLINE - Margin expansion and Hotel EBITDA growth attributed to cost discipline by asset management and property managers

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Rooms Revenue
Miss
$209.62 mln
$292.80 mln (1 Analyst)
Q2 Adjusted RevPAR
 
$155.70
 

Analyst Coverage
The one available analyst rating on the shares is "hold"
The average consensus recommendation for the specialized reits peer group is "buy"

Reuters Recommended Reads
Aug 11 - UK's InterContinental Hotels H1 RevPAR up 4.1%
Aug 10 - Ryman Hospitality strikes $1.38 billion deal for Grande Lakes Orlando
Aug 10 - Target Hospitality beats Q2 revenue estimates on WHS segment growth, raises FY outlook

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)