Ashford Trust sells Embassy Suites Philadelphia Airport hotel for $25.2 million cash net of expenses
AHT•Ashford Hospitality Trust completed the sale of the 263-room hotel on Oct. 6, 2026, for about $25.2 million cash net of selling expenses. Roughly $24.6 million was paid to the mortgage lender for a loan secured by 12 hotels, including the property.
1. Hotel sale completed
Ashford Hospitality Trust completed the sale of the 263-room Embassy Suites Philadelphia Airport in Philadelphia on Oct. 6, 2026. Total consideration was about $25.2 million in cash, net of selling expenses.
2. Loan repayment
Roughly $24.6 million was paid to the mortgage lender tied to a loan secured by 12 hotels, including the sold property.
