Ashford Hospitality Trust Inc · NYSE:AHT

Ashford Hospitality Trust — Non-Deal Roadshow (May 2015)

14 slides from Ashford Hospitality Trust's roadshow presentation, May 28, 2015

  1. Slide 1: Chicago Investor Tour - May 2015

    1 Chicago Investor Tour - May 2015

  2. Slide 2: Ashford Trust

    2 Ashford Trust  Opportunistically invest in non-luxury hotel assets in all market locations  Highly-aligned management team with proven track record of long-term value creation  Leveraged way to invest in the hotel cycle  Industry leading dividend yield

  3. Slide 3: Compelling Opportunity

    3 Compelling Opportunity  Attractive industry fundamentals with demand growth exceeding supply growth  Currently seeking accretive hotel acquisition opportunities  Affiliated property manager results in strong operating results and flow- throughs  Upcoming refinancings with potential for signifi

  4. Slide 4: Demonstrated Long-Term Track Record

    Demonstrated Long-Term Track Record 4 • Disciplined growth, operational expertise, and capital allocation to maximize shareholder returns • Trust expects to benefit from strong AINC management team capabilities Peer average includes: BEE, CHSP, CLDT, DRH, FCH, HST, HT, INN, LHO, PEB, RLJ, SHO Traili

  5. Slide 5: Highly-Aligned Management

    Highly-Aligned Management 5 • With insider ownership* of approximately 15% AHT, management is highly-aligned with shareholder interests Publicly-Traded Hotel REIT Insider Ownership Public Lodging REITs include: BEE, CHSP, CLDT, DRH, FCH, HST, HT, INN, LHO, PEB, RLJ, SHO Source: Company filings. * In

  6. Slide 6: The Silversmith Chicago

    The Silversmith Chicago 6 The Silversmith Chicago: 143 Rooms; 2,100 sf

  7. Slide 7: Property Overview

    Property Overview 7 • The 143-room Silversmith Chicago was acquired as part of the $1.3bn 28- property Highland Hospitality portfolio purchased in March 2011 • Remington assumed property management • Hotel was in need of significant capital expenditures • Ashford and Prudential have invested almost

  8. Slide 8: Competitive Set

    Competitive Set 8 The Silversmith Chicago: 143 Rooms; 2,100 sf

  9. Slide 9: New Supply - Tract

    New Supply - Tract 9 The Silversmith Chicago: 143 Rooms; 2,100 sf

  10. Slide 10: Capital Summary

    Capital Summary 10 Year $ Spend 2010 N/A 2011 $5,425,163 2012 $3,137,666 2013 $949,574 2014 $1,420,517 Total $10,932,920 Historical Capital Spend Projected Capital Spend Year $ Spend 2015 $35,750 2016 $218,000 2017 $218,000 2018 $218,000 2019 $218,000 Total $907,750 Area Last Renovation Next Renovat

  11. Slide 11: Property Pictures – Guestrooms

    Property Pictures – Guestrooms 11 Before: After: The Silversmith Chicago: 143 Rooms; 2,100 sf

  12. Slide 12: Property Pictures – Public Space

    Property Pictures – Public Space 12 Before: After: The Silversmith Chicago: 143 Rooms; 2,100 sf

  13. Slide 13: Property Pictures – Meeting Space

    Property Pictures – Meeting Space 13 Before: After: The Silversmith Chicago: 143 Rooms; 2,100 sf

  14. Slide 14: Chicago Investor Tour - May 2015

    14 Chicago Investor Tour - May 2015

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