Ashford Hospitality Trust announced its preliminary results for the first quarter of 2025, expecting occupancy of approximately 68%, an Average Daily Rate of approximately $196, and RevPAR of approximately $133. This comparable RevPAR reflects an approximate increase of 3.2% compared to the first quarter of 2024.
Monthly comparable RevPAR figures showed consistent growth, with January 2025 increasing approximately 3.8% versus January 2024, February 2025 increasing approximately 4.3% versus February 2024, and March 2025 increasing approximately 1.9% versus March 2024.
Stephen Zsigray, Ashford Trust's President and Chief Executive Officer, expressed satisfaction with the RevPAR performance in the first quarter. He noted that the company continues to see the benefits of its 'GRO AHT' initiative across both the top and bottom lines, and is making progress with extending and refinancing its loans.
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