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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): February 14, 2006
ASHFORD HOSPITALITY TRUST, INC.
(Exact name of registrant as specified in its charter)
         
MARYLAND
(State of Incorporation) 		  001-31775
(Commission File Number) 		  86-1062192
(I.R.S. Employer
Identification
Number)
     
14185 Dallas Parkway, Suite 1100
Dallas, Texas
(Address of principal executive offices) 		  75254
(Zip code)
Registrant’s telephone number, including area code: (972) 490-9600
Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 

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ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
SIGNATURE

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ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On February 14, 2006, the Board of Directors for Ashford Hospitality Trust, Inc. (the “Company”) approved the following increases in compensation, which is retroactively effective as of January 1, 2006:
                 
    Previously   Approved
Annual fees:
                
Independent Directors
   $ 20,000     $ 35,000  
Audit Committee Chairman — additional premium
   $ 15,000     $ 25,000  
Compensation Committee Chairman — additional premium
   $ 5,000     $ 15,000  
Chairman of the Board
   $ 200,000     $ 300,000  
 
                
Annual stock grants upon re-election for independent directors
     2,000       3,200  
 
                
For each Board Meeting attended:
                
Chairman of the Board:
                
In person
   $ 2,000     $ 3,000  
Telephonic
   $ 500     $ 500  
Independent Directors:
                
In person
   $ 2,000     $ 2,000  
Telephonic
   $ 500     $ 500  

 

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SIGNATURE
Pursuant to the requirements of Section 12 of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: February 17, 2006
             
    ASHFORD HOSPITALITY TRUST, INC.
 
            
 
  By:   /s/ DAVID A. BROOKS    
 
           
 
      David A. Brooks
    
 
      Chief Legal Officer