Ashford Hospitality Trust Sets Second Quarter Earnings Release and Conference Call Dates DALLAS, July 8 /PRNewswire-FirstCall/ -- Ashford Hospitality Trust, Inc. (NYSE:AHT) today announced details for the release of its results for the second quarter ended June 30, 2004. Ashford plans to issue its earnings release for the second quarter after the market closes on August 4, 2004, and will host a conference call on August 5, 2004, at 10:00 a.m. EDT. The number to call for this interactive teleconference is (913) 981-5532. A replay of the conference call will be available through August 12, 2004, by dialing (719) 457-0820 and entering the confirmation number, 666601. The live broadcast of Ashford Hospitality Trust's quarterly conference call will be available online at the Company's web site, http://www.ahtreit.com/ , as well as http://phx.corporate-/ ir.net/phoenix.zhtml?c=147105&p=irol-eventDetails&t=Regular&EventId=915392 (please copy link into browser) on Thursday, August 5, 2004, beginning at 10:00 a.m. EDT. The online replay will follow shortly after the call and continue for approximately one year. Ashford Hospitality Trust is a self-administered real estate investment trust focused exclusively on investing in the hospitality industry across all segments and at all levels of the capital structure, including direct hotel investments, first mortgages, mezzanine loans and sale-leaseback transactions. Additional information can be found on the Company's web site at http://www.ahtreit.com/ . DATASOURCE: Ashford Hospitality Trust, Inc. CONTACT: Douglas Kessler, COO and Head of Acquisitions of Ashford Hospitality Trust, Inc., +1-972-490-9600; or Tripp Sullivan of Corporate Communications, Inc., +1-615-254-3376 Web site: http://www.ahtreit.com/

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