Ashford Hospitality Trust Declares Dividends For Third Quarter Of 2012

DALLAS, Sept. 14, 2012 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) today announced that its Board of Directors declared a quarterly cash dividend of $0.11 per diluted share for the Company's common stock for the third quarter ending September 30, 2012. The dividend, which equates to an annual rate of $0.44 per share, is payable on October 15, 2012, to shareholders of record as of September 28, 2012.

The Board declared a quarterly cash dividend of $0.5344 per diluted share for the Company's 8.55% Series A Cumulative Preferred Stock for the third quarter ending September 30, 2012. The dividend, which equates to an annual rate of $2.1375 per share, is payable on October 15, 2012, to shareholders of record as of September 28, 2012.

The Board declared a quarterly cash dividend of $0.5281 per diluted share for the Company's 8.45% Series D Cumulative Preferred Stock for the third quarter ending September 30, 2012. The dividend, which equates to an annual rate of $2.1125 per share, is payable on October 15, 2012, to shareholders of record as of September 28, 2012.

The Board declared a quarterly cash dividend of $0.5625 per diluted share for the Company's 9.00% Series E Cumulative Preferred Stock for the third quarter ending September 30, 2012. The dividend, which equates to an annual rate of $2.25 per share, is payable on October 15, 2012, to shareholders of record as of September 28, 2012.

Ashford is a self-administered real estate investment trust focused on investing in the hospitality industry across all segments and at all levels of the capital structure.  Additional information can be found on the Company's website at www.ahtreit.com.

Certain statements and assumptions in this press release contain or are based upon "forward-looking" information and are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  These forward-looking statements are subject to risks and uncertainties.  When we use the words "will likely result," "may," "anticipate," "estimate," "should," "expect," "believe," "intend," or similar expressions, we intend to identify forward-looking statements.  Such forward-looking statements include, but are not limited to, the timing for closing, the impact of the transaction on our business and future financial condition, our business and investment strategy, our understanding of our competition and current market trends and opportunities and projected capital expenditures.  Such statements are subject to numerous assumptions and uncertainties, many of which are outside Ashford's control.

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