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Ashford to sell Hilton Houston NASA Clear Lake for $27M

Hotel Business

When adjusted for the company’s anticipated CapEx, the sale price represents a 3.2% capitalization rate on net operating income or 23.6x Hotel EBITDA for the 12 months ended April 30, 2025. Hotel EBITDA for the 12 months ended April 30, 2025. of meeting and event space.

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Ashford Trust to sell Boston Courtyard for $123M

Hotel Business

When adjusted for the company’s anticipated capital expenditures, the sale price represents a 5.9% capitalization rate on net operating income for the trailing 12 months ended Sept. hotel EBITDA for the same time period. Excluding the anticipated capital spend, the sale price represents a 6.9%

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Ashford to sell Hilton Boston Back Bay for $171M

Hotel Business

31, 2023, the hotel’s net income was $2.3 million, its net operating income was $14.9 million and its hotel EBITDA was $16.7 When adjusted for the company’s anticipated capital expenditures, the sale price represents a 7.3% capitalization rate on 2023 net operating income, or 12.3x

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Ashford Trust sells Georgia Hampton Inn for $8.1M

Hotel Business

The sale price represented a 6% capitalization rate on trailing 12-month net operating income through March. All of the net proceeds from the sale will be used for general corporate purposes including paying down the company’s strategic financing. million KEYS A Loan Pool and the $174.4-million