DALLAS, Oct. 5, 2021 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") reported today preliminary portfolio occupancy of 59.7% for the month of September with an average daily rate ("ADR") of approximately $158 resulting in RevPAR of approximately $94. This RevPAR reflects an approximate increase of 145.0% versus September 2020 and a decline of approximately 28.2% versus September 2019. The Company expects to report occupancy of 62.8% for the third quarter of 2021 with an ADR of approximately $156 resulting in RevPAR of approximately $98. This RevPAR reflects an approximate increase of 165.7% compared to the third quarter of 2020 and a decline of approximately 25.6% compared to the third quarter of 2019.
"We're pleased to report these improved preliminary RevPAR results for the third quarter and remain encouraged by the continued strength in weekend leisure demand at our properties," commented Rob Hays, Ashford Trust's President and Chief Executive Officer. "Looking ahead, we believe our geographically diverse portfolio is well-positioned to capitalize on the lodging industry recovery with high exposure to transient leisure customers."