Ashford Hospitality Trust (AHT) Provides Update On Recent Operating Performance
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Ashford Hospitality Trust Provides Update On Recent Operating Performance
November 17, 2021 4:25 PM ESTDALLAS, Nov. 17, 2021 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") reported today preliminary portfolio occupancy of 63.7% for the month of October with an average daily rate ("ADR") of approximately $167 resulting in RevPAR of approximately $106. This RevPAR result represents an approximate increase of 12% versus September 2021 and an approximate decrease of 27% versus October 2019.
Additionally, for the month of October, Hotel Net Income was $9.8 million. Comparable Hotel EBITDA for the month of October was $28.4 million, a 67% increase over September 2021's Comparable Hotel EBITDA of $17.0... More
