Item 7.01 Regulation FD Disclosure.
Ashford Hospitality Trust, Inc. (the "Company") announced that on December 31,
2020, Christopher Swann, the President and Chief Executive Officer of Cygnus
Capital, Inc., purported to submit to the Company a notice of shareholder
nomination (the "Notice") to nominate six individuals for election as directors
of the Company at the Company's 2021 annual meeting of stockholders. The
Company is reviewing the information provided in the Notice and assessing the
validity of the Notice under the Company's constituent documents and applicable
law. The Company reserves all of its rights in respect of this matter.
The information in this Current Report shall not be deemed "filed" for purposes
of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed
incorporated by reference in any filing under the Securities Act of 1933, except
as shall be expressly set forth by specific reference in such filing.
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