Ashford Hospitality Trust (AHT-PH) Operating Expenses (2010 - 2026)
Ashford Hospitality Trust (AHT-PH) posted Operating Expenses of $233.8 million for Q2 2026, down 21.94% on a QoQ basis from $299.5 million in Q4 2025, and down 13.18% year-over-year from $269.3 million in Q2 2025.
Analysis
Ashford Hospitality Trust (AHT-PH) Operating Expenses (2010 - 2026) Analysis & Trends
Ashford Hospitality Trust has reported Operating Expenses for 17 years, with the latest figure at $233.8 million in Q2 2026.
- On a quarterly basis, Operating Expenses fell 13.18% year-over-year to $233.8 million in Q2 2026; TTM through Jun 2026 was $1.1 billion, a 4.12% decrease from a year earlier, with the FY2025 full-year figure at $1.1 billion, down 5.79% from the prior year.
- Operating Expenses was $233.8 million for Q2 2026 at Ashford Hospitality Trust, down from $299.5 million in the prior quarter.
- The five-year high for Operating Expenses was $334.9 million in Q4 2024, with the low at $233.8 million in Q2 2026.
- Average Operating Expenses over 5 years is $289.9 million, with a median of $294.9 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses jumped 40.93% in 2022, then fell 14.3% in 2024.
- Over 5 years, Operating Expenses stood at $302.1 million in 2022, then rose by 1.72% to $307.3 million in 2023, then climbed by 8.98% to $334.9 million in 2024, then retreated by 10.56% to $299.5 million in 2025, then slipped by 21.94% to $233.8 million in 2026.
- The last three Operating Expenses figures came in at $233.8 million (Q2 2026), $299.5 million (Q4 2025), and $280.3 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ryman Hospitality Properties | 7.82 Bn | 7.45 Bn | 364.88 Mn | 574.43 Mn |
| 2 | Apple Hospitality REIT | 3.67 Bn | 3.66 Bn | 174.97 Mn | 314.51 Mn |
| 3 | Park Hotels & Resorts | 3.07 Bn | 2.80 Bn | 232.00 Mn | 583.00 Mn |
| 4 | DiamondRock Hospitality | 2.49 Bn | 2.38 Bn | 123.23 Mn | 244.94 Mn |
| 5 | Sunstone Hotel Investors | 2.04 Bn | 1.84 Bn | 242.17 Mn | 242.91 Mn |
| 6 | Pebblebrook Hotel Trust | 2.01 Bn | 1.75 Bn | 154.61 Mn | 349.90 Mn |
| 7 | Xenia Hotels & Resorts | 1.63 Bn | 1.52 Bn | 97.24 Mn | 295.46 Mn |
| 8 | RLJ Lodging Trust | 1.63 Bn | 687.89 Mn | - | 327.47 Mn |
| 9 | Chatham Lodging Trust | 607.18 Mn | 595.84 Mn | 84.71 Mn | 72.42 Mn |
| 10 | Ashford Hospitality Trust | 36.79 Mn | -14.92 Mn | 96.79 Mn | 233.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 233.79 Mn |
| Dec 31, 2025 | 299.50 Mn |
| Sep 30, 2025 | 280.30 Mn |
| Jun 30, 2025 | 269.29 Mn |
| Mar 31, 2025 | 257.74 Mn |
| Dec 31, 2024 | 334.87 Mn |
| Sep 30, 2024 | 267.55 Mn |
| Jun 30, 2024 | 280.15 Mn |
| Mar 31, 2024 | 292.27 Mn |
| Dec 31, 2023 | 307.28 Mn |
| Sep 30, 2023 | 312.19 Mn |
| Jun 30, 2023 | 324.00 Mn |
| Mar 31, 2023 | 305.11 Mn |
| Dec 31, 2022 | 302.08 Mn |
| Sep 30, 2022 | 294.85 Mn |
| Jun 30, 2022 | 306.13 Mn |
| Mar 31, 2022 | 261.85 Mn |
| Dec 31, 2021 | 264.37 Mn |
| Sep 30, 2021 | 252.44 Mn |
| Jun 30, 2021 | 229.41 Mn |