Other Areas was Ashford Hospitality Trust’s largest region in fiscal 2025, bringing in $279.14M of $1.10B (25%).
| Geography | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Other Areas | $279.70M | $288.57M | $284.73M | $279.14M | ||||||
| Washington D.C. - Md - Va Area | $136.95M | $162.81M | $169.81M | $161.69M | ||||||
| Washington Dc - Md - Va Area | — | — | — | — | ||||||
| Disposed/Derecognized Properties | $247.47M | $299.07M | $102.69M | $27.11M | ||||||
| Disposed Properties (1) | — | — | — | — | ||||||
| Disposed Properties | — | — | — | — | ||||||
| Sold Properties | — | — | — | — | ||||||
| Los Angeles, Ca Metro Area | $82.24M | $92.80M | $94.13M | $95.18M | ||||||
| Atlanta, Ga Area | $59.31M | $84.65M | $75.32M | $77.67M | ||||||
| Nashville, Tn Area | $81.39M | $88.82M | $89.58M | $94.92M | ||||||
| New York / New Jersey Metro Area | $49.89M | $58.44M | $58.11M | $59.71M | ||||||
| Dallas/Ft. Worth, Tx Area | — | $70.59M | $71.97M | $81.62M | ||||||
| Dallas / Ft. Worth, Tx Area | $61.24M | — | — | — | ||||||
| Dallas / Ft. Worth Area | — | — | — | — | ||||||
| San Francisco - Oakland, Ca Metro Area | $38.04M | $42.31M | $44.92M | $46.50M | ||||||
| Boston, Ma Area | $23.50M | — | — | — | ||||||
| Miami, Fl Metro Area | $34.47M | $34.86M | $37.26M | $38.25M | ||||||
| Tampa, Fl Area | $34.01M | $38.88M | $39.16M | $38.29M | ||||||
| Houston, Tx Area | $32.27M | $28.08M | $26.78M | $28.60M | ||||||
| Minneapolis - St. Paul, Mn - Wi Area | — | $19.74M | $18.84M | $19.35M | ||||||
| Minneapolis - St. Paul, Mn Area | $16.39M | — | — | — | ||||||
| Minneapolis - St. Paul, Mn | — | — | — | — | ||||||
| Minneapolis - St. Paul, Mn-Wi Area | — | — | — | — | ||||||
| Orlando, Fl Area | $26.12M | $26.81M | $27.16M | $25.51M | ||||||
| Philadelphia, Pa Area | $13.09M | $13.56M | $12.90M | $14.04M | ||||||
| San Diego, Ca Area | $21.88M | $14.75M | $16.78M | $15.27M | ||||||
| Orlando Worldquest | — | — | — | — | ||||||
| Corporate | $2.88M | $2.80M | $2.33M | $1.53M | ||||||
| Total | $1.24B | $1.37B | $1.17B | $1.10B |
Ashford Hospitality Trust brought in $1.10B from its 17 regions in fiscal 2025, the year ended December 31, 2025. That was down 5.8% from $1.17B in fiscal 2024. Other Areas was the largest at $279.14M (25.3%), ahead of Washington D.C. - Md - Va Area at $161.69M (14.6%) and Los Angeles, Ca Metro Area at $95.18M (8.6%). The other 14 regions brought in $568.38M combined.
Compared with fiscal 2024, Dallas/Ft. Worth, Tx Area grew fastest, up 13.4% to $81.62M, while Disposed/Derecognized Properties fell the most, down 73.6% to $27.11M.
Ashford Hospitality Trust began breaking out Dallas/Ft. Worth, Tx Area in fiscal 2023, when it brought in $70.59M. Ashford Hospitality Trust stopped reporting Dallas / Ft. Worth, Tx Area ($61.24M in fiscal 2022), Boston, Ma Area ($23.50M in fiscal 2022) and Minneapolis - St. Paul, Mn Area ($16.39M in fiscal 2022) as separate regions.
Rooms was Ashford Hospitality Trust’s largest product and service line in fiscal 2025, bringing in $825.62M of $1.10B (75%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Rooms | $974.00M | $1.06B | $889.75M | $825.62M | ||||||
| Food & Beverage | $196.66M | $232.83M | $212.58M | $207.59M | ||||||
| Hotel, Other | $67.31M | $72.75M | $67.80M | $69.64M | ||||||
| Other Hotel Revenue | — | — | — | — | ||||||
| Other Hotel | — | — | — | — | ||||||
| Hotel Other | — | — | — | — | ||||||
| Other | $2.88M | $2.80M | $2.33M | $1.53M | ||||||
| Product & Service Other | — | — | — | — | ||||||
| Total | $1.24B | $1.37B | $1.17B | $1.10B |
Ashford Hospitality Trust brought in $1.10B from its four product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 5.8% from $1.17B in fiscal 2024. Rooms was the largest at $825.62M (74.8%), ahead of Food & Beverage at $207.59M (18.8%) and Hotel, Other at $69.64M (6.3%). The remaining line, Other, brought in $1.53M.
Compared with fiscal 2024, Hotel, Other grew fastest, up 2.7% to $69.64M, while Rooms fell the most, down 7.2% to $825.62M. From fiscal 2022 to 2025, combined revenue from these lines fell from $1.24B to $1.10B, a compound annual decline of 3.8%. Rooms' share of the total fell from 78.5% to 74.8%.
Ashford Hospitality Trust (AHT) reports its revenue by geography and by product and service. In fiscal 2025, Other Areas was its largest region, bringing in $279.14M (25.3% of the total), followed by Washington D.C. - Md - Va Area at $161.69M (14.6%).
Other Areas was Ashford Hospitality Trust's largest region in fiscal 2025, bringing in $279.14M, or 25.3% of the $1.10B total across its 17 regions.
Rooms was Ashford Hospitality Trust's largest product and service line in fiscal 2025, bringing in $825.62M, or 74.8% of the $1.10B total across its four product and service lines.
Among Ashford Hospitality Trust's regions that make up at least 2% of revenue, Dallas/Ft. Worth, Tx Area grew fastest in fiscal 2025, up 13.4% from $71.97M to $81.62M.
Every figure comes from Ashford Hospitality Trust's annual financial filings, as reported. Each line keeps the name Ashford Hospitality Trust gives it, and years follow its fiscal calendar.
Ashford Hospitality Trust's revenue by geography goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.