Hotel Business

FEBRUARY 29, 2024

31, 2023, the hotel’s net income was $2.3 million, its net operating income was $14.9 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 2023 hotel EBITDA.

Net Operating Income 59

Net Operating Income Sales Process Sales Closing 59

Hotel Business

APRIL 29, 2024

has closed on the sale of the 85-room Hampton Inn Lawrenceville in Lawrenceville, GA, for $8.1 The sale price represented a 6% capitalization rate on trailing 12-month net operating income through March. Ashford Hospitality Trust Inc. million ($95,300 per key). million KEYS A Loan Pool and the $174.4-million

Net Operating Income 69

Net Operating Income Sales Process Sales Closing 69

Hotel Business

DECEMBER 4, 2024

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. Excluding the anticipated capital spend, the sale price represents a 6.9% hotel EBITDA for the same time period.

Net Operating Income 59

Net Operating Income Sales Process Sales Closing 59