Ashford Trust sells Embassy Suites Philadelphia Airport hotel for USD 25.2 million cash net of expenses

Bitget2026/10/09 20:28

Ashford Hospitality Trust completed the sale of the 263-room Embassy Suites Philadelphia Airport in Philadelphia on Oct. 6, 2026. Total consideration was about $25.2 million in cash, net of selling expenses. Roughly $24.6 million was paid to the mortgage lender tied to a loan secured by 12 hotels, including the sold property. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ashford Hospitality Trust Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001232582-26-000207), on October 09, 2026, and is solely responsible for the information contained therein.

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