The Motley Fool fool.com 03 Aug, 2022 22:30 am

Ashford Hospitality Trust (AHT) Q2 2022 Earnings Call Transcript

AHT earnings call for the period ending June 30, 2022.

ET Greetings, and welcome to the Ashford Hospitality Trust second quarter 2022 results conference call.Jordan Jennings -- Investor Relations Good day, everyone, and welcome to today's conference call to review the results for Ashford Hospitality Trust for the second quarter of 2022 and to update you on recent developments.Also, unless otherwise stated, all reported results discussed in this call compared to the second quarter of 2022 with the second quarter of 2021.First, we saw sequential RevPAR improvement each month as we move through the second quarter and expect continued strength through the third quarter.

Capex spend during the second quarter was approximately $20.RevPAR for all hotels in the portfolio increased approximately 73% for the second quarter versus last year.

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