Ashford Hospitality Trust Expects To Report Occupancy Of Approximately 71% For Q3 With Average Daily Rate Of $187 Resulting In RevPAR Of Approximately $132

This Comparable RevPAR reflects an approximate decrease of 1.6% compared to the third quarter of 2023. 

Additionally, for the month of July 2024, Comparable RevPAR increased approximately 0.3% versus July 2023. For the month of August 2024, Comparable RevPAR decreased approximately 2.1% versus August 2023. For the month of September 2024, Comparable RevPAR decreased approximately 3.0% versus September 2023.  

Further, as previously announced, the Company commenced the offering of its Non-Traded Preferred Equity during the third quarter of 2022.