Ashford Hospitality Trust Sells Hyatt Regency Long Island for $26.5M
A subsidiary of Ashford Hospitality Trust has sold the Hyatt Regency Long Island in Hauppauge, New York, for $26.5 million in cash. The transaction closed on July 31 and is part of Ashford's ongoing asset disposition strategy. Earlier, Ashford sold five hotels in Q1, generating combined gross proceeds of $238.5 million. This sale is part of a six-hotel deal totaling $156.4 million.
Impact and considerations
Ashford's asset sales reflect the financial pressures on hotel REITs in 2026, relevant for those following hotel investment and asset transactions.
Key points
- Ashford Hospitality Trust sold Hyatt Regency Long Island for $26.5 million.
- The transaction closed on July 31, part of its asset disposition strategy.
- Five hotels were sold in Q1, generating $238.5 million in gross proceeds.
- This sale is part of a six-hotel deal totaling $156.4 million.
Sources and time
- Primary source
- Hotel Dive
- Other sources
- 0
- First source publication
- 10 Aug 2026, 21:47
- Page published
- 13 Aug 2026, 08:08
- Last updated
- 10 Aug 2026, 21:47
- Original links
- Hotel Dive Feed：Ashford Hospitality Trust sells Hyatt Regency Long Island for $26.5M (opens in a new tab)Primary source · en · Published 10 Aug 2026, 21:47