Ashford Hospitality Trust AHT-PH
NYSE AHT-PH
$5.19 -0.49 (-7.88%)
As of: Sep 9, 2026 · 9:57 AM EDT

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

Historic Data

Download Data
DateValue
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