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Ashford Hospitality Trust Announces Preliminary Revpar Results for First Quarter 2022

Ashford Hospitality Trust, Inc. (NYSE: AHT) reported today that the Company expects to report occupancy of approximately 58% for the first quarter of 2022 with an average daily rate of approximately $166 resulting in RevPAR of approximately $97. This RevPAR reflects an approximate increase of 103% compared to the first quarter of 2021 and a decrease of approximately 23% compared to the first quarter of 2019.

Additionally, for the month of January 2022, RevPAR decreased approximately 36% versus January 2019. For the month of February 2022, RevPAR decreased approximately 25% versus February 2019. For the month of March 2022, RevPAR decreased approximately 13% versus March 2019.

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