Ashford Hospitality Trust (AHT) Operating Leases (2015 - 2025)

Ashford Hospitality Trust (AHT) recorded quarterly Operating Leases of $44.0 million in Q4 2025, little changed quarter-over-quarter from $44.1 million in Q3 2025, and down 29.37% on a YoY basis from $62.4 million in Q4 2024.

Ashford Hospitality Trust (AHT) Operating Leases (2015 - 2025) Analysis & Trends

Ashford Hospitality Trust's Operating Leases history runs 11 years deep, the most recent figure standing at $44.0 million for Q4 2025.

  • In Q4 2025, Operating Leases fell 29.37% year-over-year to $44.0 million; the TTM figure through Dec 2025 stood at $44.0 million (down 29.37% YoY), while the FY2025 annual figure was $44.0 million, down 29.37% from the prior year.
  • Operating Leases was $44.0 million for Q4 2025 at Ashford Hospitality Trust, roughly flat from $44.1 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $62.4 million in Q4 2024 to a low of $44.0 million in Q4 2025.
  • Historically, Operating Leases has averaged $45.6 million across 5 years, with a median of $44.8 million in 2022.
  • The sharpest annual moves came in 2024 and 2025: Operating Leases surged 39.31% in 2024, then slipped 29.37% in 2025.
  • A 5-year view of Operating Leases shows it stood at $45.1 million in 2021, then declined by 0.99% to $44.7 million in 2022, then grew by 0.23% to $44.8 million in 2023, then surged by 39.31% to $62.4 million in 2024, then retreated by 29.37% to $44.0 million in 2025.
  • The last three Operating Leases figures came in at $44.0 million (Q4 2025), $44.1 million (Q3 2025), and $44.2 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Ryman Hospitality Properties 7.50 Bn 7.12 Bn 290.28 Mn
2 Apple Hospitality REIT 3.69 Bn 3.68 Bn 130.80 Mn
3 Park Hotels & Resorts 2.80 Bn 2.58 Bn 525.00 Mn
4 DiamondRock Hospitality 2.37 Bn 2.34 Bn 248.91 Mn
5 Sunstone Hotel Investors 2.16 Bn 2.00 Bn 226.95 Mn
6 Pebblebrook Hotel Trust 1.91 Bn 1.81 Bn 113.57 Mn
7 Xenia Hotels & Resorts 1.70 Bn 1.65 Bn 99.84 Mn
8 RLJ Lodging Trust 1.58 Bn 1.24 Bn -
9 Summit Hotel Properties 606.83 Mn 612.28 Mn 148.71 Mn
10 Ashford Hospitality Trust 17.98 Mn -33.06 Mn 71.28 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 44.05 Mn
Sep 30, 2025 44.08 Mn
Jun 30, 2025 44.16 Mn
Mar 31, 2025 44.26 Mn
Dec 31, 2024 62.36 Mn
Sep 30, 2024 44.46 Mn
Jun 30, 2024 44.56 Mn
Mar 31, 2024 44.66 Mn
Dec 31, 2023 44.77 Mn
Sep 30, 2023 44.89 Mn
Jun 30, 2023 44.99 Mn
Mar 31, 2023 45.11 Mn
Dec 31, 2022 44.66 Mn
Sep 30, 2022 44.78 Mn
Jun 30, 2022 44.87 Mn
Mar 31, 2022 44.99 Mn
Dec 31, 2021 45.11 Mn
Sep 30, 2021 44.95 Mn
Jun 30, 2021 45.07 Mn
Mar 31, 2021 45.18 Mn