public_filing
Le Pavillon — Ashford disposition
$42,500,000 · $188,053/key
Ashford sold the 226-room Le Pavillon in New Orleans, Louisiana on December 18, 2025 for $42.5 million in cash. Harbor PPK is $42.5 million ÷ 226. The same December 18, 2025 8-K names December 18, the 226 rooms, and that cash price. Use the $42.5 million hotel price, not the $41.3 million net-of-selling-expenses line. Buyer unnamed as a Harbor party — the 8-K names 833 Poydras St. Prime Property, LLC. Filing names New Orleans — Harbor will not invent a Poydras lock. The November 2025 three-hotel announcement stays combined. Embassy Suites Austin Arboretum stays off until a filing names month, the $13.5 million cash price, and keys together. Not Park’s W New Orleans – French Quarter $24 million / 97 tape and not the St. Charles Hilton $47 million tape.
Ashford Hospitality Trust Form 8-K, December 18, 2025 (closed December 18)