
AHT Forms Special Committee to Explore Strategic Alternatives

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Ashford Hospitality Trust (AHT) has formed a Special Committee to explore strategic options for enhancing shareholder value, including potential transactions. This move comes as the company seeks to address the disparity between its portfolio's intrinsic value and the common stock's market value, despite significant EBITDA growth. Additionally, AHT has canceled its Series L and M Non-Traded Preferred Stock offerings and suspended redemptions for outstanding non-traded preferred stock due to financial challenges.

