Ashford Hospitality Trust (AHT) 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.

• On a quarterly basis, Operating Expenses fell 10.56% year-over-year to $299.5 million in Q4 2025; TTM through Dec 2025 was $1.1 billion, a 5.79% decrease from a year earlier, with the FY2025 full-year figure at $1.1 billion, down 5.79% from the prior year.
• Operating Expenses rose to $299.5 million in Q4 2025 per AHT's latest filing, from $280.3 million in the prior quarter.
• Across five years, Operating Expenses topped out at $334.9 million in Q4 2024 and bottomed at $185.8 million in Q1 2021.
• The 5-year median for Operating Expenses is $286.3 million (2024), against an average of $281.4 million.
• Across the five-year window, Operating Expenses tumbled 44.53% in 2021 and surged 40.93% in 2022, its largest moves.
• Year by year, Operating Expenses 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.
• Per Business Quant, the three latest AHT Operating Expenses figures stand at $299.5 million (Q4 2025), $280.3 million (Q3 2025), and $269.3 million (Q2 2025).