Ashford Hospitality Trust (AHT-PG) Operating Expenses (2010 - 2025)

Ashford Hospitality Trust's Operating Expenses history runs 16 years deep, the most recent figure standing at $299.5 million for Q4 2025.

• In Q4 2025, Operating Expenses fell 10.56% year-over-year to $299.5 million; the TTM figure through Dec 2025 stood at $1.1 billion (down 5.79% YoY), while the FY2025 annual figure was $1.1 billion, down 5.79% from the prior year.
• Operating Expenses was $299.5 million for Q4 2025 at Ashford Hospitality Trust, up from $280.3 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $334.9 million in Q4 2024 to a low of $185.8 million in Q1 2021.
• Historically, Operating Expenses has averaged $281.4 million across 5 years, with a median of $286.3 million in 2024.
• The sharpest annual moves came in 2021 and 2022: Operating Expenses tumbled 44.53% in 2021, then soared 40.93% in 2022.
• A 5-year view of Operating Expenses shows it stood at $264.4 million in 2021, then rose by 14.26% to $302.1 million in 2022, then increased by 1.72% to $307.3 million in 2023, then advanced by 8.98% to $334.9 million in 2024, then fell by 10.56% to $299.5 million in 2025.
• The last three Operating Expenses figures came in at $299.5 million (Q4 2025), $280.3 million (Q3 2025), and $269.3 million (Q2 2025), per Business Quant data.