DALLAS-Most of Ashford Hospitality Trust Inc.’s Q3 2012 earnings trended upward, with the REIT reporting a RevPAR increase of 4.3% for its prime portfolio hotels and a RevPAR increase of 1.5% for hotels in its trust portfolio. Adjusted EBITDA increased $5.5 million, or 7% quarter-over-quarter, while flow-through was 51% for the trust portfolio hotels.

Net loss attributable to common shareholders was $24.8 million versus a net los of $23.6 million, year-over-year. Meanwhile, capex invested in the quarter for the Ashford Prime Portfolio was $3.1 million, while capex invested in the quarter for the Ashford Trust Portfolio was $40.2 million

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.