ASHFORD HOSPITALITY TRUST INC

A real estate investment trust headquartered in Dallas, Texas, Ashford Hospitality Trust owns and operates upscale and upper upscale full-service hotel properties across the United States. The company invests in lodging assets through its operating partnership, Ashford Hospitality Limited Partnership, with a strategic focus on upper upscale hotels positioned in the moderate pricing segment where revenue per available room typically remains below twice the U.S. national average.

The company's investment approach encompasses multiple channels including direct real estate ownership, equity investments, and debt instruments. Its portfolio consists primarily of full-service hotel properties that generate revenue through room bookings, food and beverage services, and ancillary guest amenities. The trust structure allows Ashford to distribute rental income and investment gains to shareholders while maintaining operational control through its general partner subsidiary, Ashford OP General Partner LLC.

Ashford's geographic reach extends across United States markets, with ongoing investment strategy directed toward acquiring and holding upper upscale hotel properties that meet its revenue-per-available-room criteria. The company operates as a publicly traded REIT on the New York Stock Exchange under the ticker AHT.