Ashford Hospitality to Sell Houston Hilton for $27 Million
The deal aligns with Ashford's ongoing strategy to optimize its hotel portfolio and manage liquidity.
May 23, 2025
Ashford Plans Sale of Houston Hotel in Strategic Portfolio Move
Ashford Hospitality Trust is moving forward with a new divestment. The company announced it has signed an agreement to sell the Hilton Houston NASA Clear Lake for $27 million. This 242-room hotel, located in Houston near the NASA Johnson Space Center, is expected to close in June, pending standard conditions.
The sale fits into Ashford’s broader strategy to sharpen its hotel portfolio. By offloading select properties like this one, the company is positioning itself to operate more efficiently and manage liquidity with greater precision.
Ashford has made it clear that while the agreement is in place, there’s no guarantee the transaction will close under the current terms. Still, the move underscores a focused effort to align assets with long-term operational goals and market dynamics.
The Hilton will remain under its current branding until the deal wraps up. Details about the buyer haven’t been released, and Ashford hasn’t indicated whether the hotel will keep the Hilton flag after the transition.
This announcement came via a regulatory filing on May 23, 2025. There were no additional agreements or financial disclosures included beyond the purchase price. For Ashford, this is another step in executing a portfolio strategy designed to create flexibility, reduce leverage, and respond to changing market demands with clarity and speed.
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