Ashford Hospitality Trust sells Silversmith Hotel Chicago for $15.9M

Ashford Hospitality Trust completed the sale of its 144-room Silversmith Hotel Chicago for approximately $15.9 million in cash on June 1, 2026, while paying $15.0 million to the mortgage lender. The disposition reduces the company's hotel portfolio and generates capital, though pro forma results reflect a non-recurring loss on the transaction.