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Get filing alertsAshford Hospitality Trust sells Lakeway Resort and Spa for $37.75 million cash
Filed May 22, 2026 · Period ending May 19, 2026 · ~1 min read
Key Changes
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Completed sale of Lakeway Resort and Spa in Austin, Texas for $37.75 million in cash on May 19, 2026, through subsidiary Ashford Lakeway LP to buyer Trestle Studio LLC.
Item 8.01 view on EDGAR → -
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Sale agreement was originally signed February 10, 2026, then reinstated and amended March 18, 2026 before closing, suggesting potential complications in the original deal structure.
Item 8.01 view on EDGAR → -
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Filed unaudited pro forma financial information for Q1 2026 and full year 2025, likely reflecting adjustments for this and other portfolio transactions.
Item 9.01 verify on EDGAR →
Summary
Ashford Hospitality Trust completed the sale of its Lakeway Resort and Spa property in Austin, Texas for $37.75 million in cash. The transaction closed May 19, 2026, with the buyer being Trestle Studio LLC.
The deal followed a somewhat winding path—originally signed in February 2026, it required reinstatement and amendment in March before ultimately closing, which may indicate renegotiation or buyer concerns that were resolved. For retail investors, this asset sale represents portfolio rationalization in Ashford's hotel holdings.
The $37.75 million in cash proceeds could be used for debt reduction, reinvestment in other properties, or general corporate purposes. The company also filed pro forma financials covering Q1 2026 and full year 2025, which should help investors understand the impact of this and potentially other transactions on the company's financial profile. Watch for management's commentary on how the proceeds will be deployed and whether this signals a broader portfolio repositioning strategy. The next earnings call should provide clarity on capital allocation priorities.
Section-by-Section Diff
Event · Item 2.01 — Completion of Acquisition or Disposition of Assets
Item 2.01 — Completion of Acquisition or Disposition of Assets filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On May 19, 2026, Ashford Lakeway LP, an indirect wholly owned subsidiary of Ashford Hospitality Trust, Inc. (the “Company”), completed the sale of the Lakeway Resort and Spa located in Austin, Texas pursuant to an Agreement of Purchase and Sale, dated as of February 10, 2026, as reinstated and amended by that certain Reinstatement and First Amendment to Agreement of Purchase and Sale, dated as of March 18, 2026, by and between Ashford Lakeway LP, as seller, and Trestle Studio LLC, as purchaser, for $37.75 million in cash, subject to customary pro-rations and adjustments.
The company sold the Lakeway Resort and Spa property in Austin, Texas for $37.75 million in cash. The transaction closed on May 19, 2026 through a subsidiary, with the buyer being Trestle Studio LLC. The sale agreement was originally signed in February 2026 and later reinstated and amended in March 2026.
Event · Item 9.01 — Financial Statements and Exhibits
Item 9.01 — Financial Statements and Exhibits filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
The unaudited pro forma financial information for the Company as of and for the three months ended March 31, 2026 and for the year ended December 31, 2025, is attached hereto as Exhibit 99.1 and is incorporated by reference herein.
The company disclosed unaudited pro forma financial information covering the first quarter of 2026 and the full year 2025. Pro forma financials typically reflect adjustments for acquisitions, dispositions, or other significant transactions to show what results would have looked like under different circumstances. The actual exhibit containing the detailed numbers is referenced but not included in this 8-K body.
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Figures/quotes linked to EDGAR · Narrative written by AI · May 27, 2026 · How we verify