Ashford Hospitality Trust, Inc. (NYSE : AHT), reported today preliminary RevPAR for June 2021 at $91.27. This represents an increase of approximately 256% versus the June 2020 and decrease of 37% versus the June 2019.
Ashford Hospitality Trust, Inc. (NYSE : AHT), reported today preliminary RevPAR for June 2021. This represents an increase of 256% versus May 2020 and a decrease of 37% over June 2019. This compares with RevPAR for May 2021 of approximately $75.66, which represents an approximate increase in 414% versus June 2020 and decrease of 47% respectively. RevPAR for April 2021 of $67.52 is an approximate increase by 624% versus March 2020, and a decline 53% versus Apr 2019. RevPAR for all hotels within the portfolio will increase by approximately 372% compared with the second quarter 2020 and decrease by approximately 46% compared with the second quarter 2019.
"I am happy to report these improved preliminary RevPAR numbers for the second quarter, which are driven by pent up leisure demand," said Rob Hays (President and Chief Executive Officer of Ashford Trust). "We are pleased with the recovery trends that we see at our hotels and our portfolio with high exposure for transient leisure customers means we believe we can capitalize on this recovery.
Ashford Hospitality Trust (REIT) is a real-estate investment trust (REIT), that focuses on high-end, full service hotels.
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