ASHFORD HOSPITALITY TRUST REFINANCES $167.2M LOAN

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DALLAS — Dallas-based Ashford Hospitality Trust has refinanced its $167.2 million loan, set to mature this month, with a new $135 million loan that matures in May 2014. The loan has three 1-year extension options and is secured by nine hotels. The Doubletree Guest Suites in Columbus, Ohio, is now unencumbered as part of the restructuring.

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