Ashford Hospitality Trust Divests Sorrento Mesa Residence Inn in Strategic Move
DALLAS, TX – September 11, 2025 – Ashford Hospitality Trust, Inc. (NYSE: AHT), a leading real estate investment trust focused on the hospitality sector, announced today a significant step in its ongoing portfolio optimization strategy. The company has entered into a definitive agreement to sell its Residence Inn San Diego Sorrento Mesa property. This transaction is expected to further strengthen Ashford’s financial position and enhance its strategic focus.
The agreement marks a key development in Ashford’s commitment to actively manage its assets and unlock value for its shareholders. While specific financial terms of the sale were not disclosed, the company anticipates the transaction to be completed in the coming months, subject to customary closing conditions.
The Residence Inn San Diego Sorrento Mesa is a well-established extended-stay hotel situated in a prime location within the Sorrento Mesa business and life sciences hub. This area is known for its robust corporate presence and strong demand for lodging. The divestiture aligns with Ashford’s broader strategy to streamline its portfolio and concentrate on assets that offer the greatest potential for growth and returns.
“We are pleased to announce this agreement to sell the Residence Inn San Diego Sorrento Mesa,” said [Insert Name and Title of Ashford Executive, if available from the original PR, otherwise omit or use a generic title]. “This sale is a testament to our proactive approach in managing our assets and our dedication to enhancing shareholder value. We believe this strategic divestiture will allow us to reallocate capital towards opportunities that better align with our long-term vision and strengthen our overall portfolio.”
Ashford Hospitality Trust has been actively pursuing a strategy of portfolio enhancement, which includes the disposition of non-core assets and the reinvestment in properties that are expected to generate superior returns. The company remains committed to exploring all avenues to maximize value for its stakeholders.
Investors and industry observers will be keen to follow the progress of this transaction and Ashford’s subsequent strategic initiatives. The company continues to demonstrate a disciplined approach to capital allocation and a forward-thinking perspective in navigating the dynamic hospitality market.
About Ashford Hospitality Trust, Inc.
Ashford Hospitality Trust is a leading hospitality real estate investment trust (REIT) that is focused on investing in the hospitality industry. The company owns and operates a diversified portfolio of hotels and resorts across the United States. Ashford’s portfolio includes properties in various segments of the hospitality industry, including luxury, upper-upscale, and upscale.
ASHFORD HOSPITALITY TRUST ANNOUNCES AGREEMENT TO SELL RESIDENCE INN SAN DIEGO SORRENTO MESA
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