ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY FOURTH QUARTER 2024 RESULTS
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Ashford Hospitality Trust, Inc. (NYSE: AHT) announced preliminary results for Q4 2024, with an occupancy rate of 66%, an average daily rate of $190, and a RevPAR of $126, marking a 3% increase from Q4 2023.
January 13, 2025 | 1:15 pm
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POSITIVE IMPACT
Ashford Hospitality Trust reported a 3% increase in RevPAR for Q4 2024 compared to Q4 2023, with occupancy at 66% and an average daily rate of $190.
The 3% increase in RevPAR indicates positive growth in revenue per available room, which is a key performance metric in the hospitality industry. This suggests improved financial performance and could positively impact AHT's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100