Ashford Hospitality Trust sells 220-room Embassy Suites Las Vegas for about $42.7 million cash net of expenses
Bitget2026/10/01 20:23- Ashford Hospitality Trust closed the sale of the 220-room Embassy Suites Las Vegas on Sept. 25, 2026.
- Total consideration of about $42.7 million in cash, net of selling expenses.
- Proceeds largely flowed to debt paydown, with about $41.2 million paid to a mortgage lender.
- The mortgage loan is secured by seven hotels, including the Embassy Suites Las Vegas.
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