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Ashford Hospitality Trust Announces Progress in Plan to Pay off Strategic Financing with Closing of Sale of the Hilton Boston Back Bay

Article - Ashford Hospitality Trust Announces Progress in Plan to Pay off Strategic Financing with Closing of Sale of the Hilton Boston Back Bay - Ashford Hospitality Trust, Inc. (NYSE: AHT) today announced that it has closed on the sale of the 390-room Hilton Boston Back Bay in Boston, Massachusetts for $171 million ($438,000 per key).

390-Room Hilton Boston Back Bay Hotel Sold for $171 Million

Article - 390-Room Hilton Boston Back Bay Hotel Sold for $171 Million - Certares today announced its twelfth hotel acquisition. The firm purchased the 390-room Hilton Boston Back Bay, inclusive of a 209-space parking garage, for $171 million. This acquisition was made in partnership with Belcourt Capital Partners.

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