ITEM 7.01 REGULATION FD DISCLOSURE
On November 1, 2012, Ashford Hospitality Trust, Inc. (the "Company") held an earnings conference call for its third quarter ended September 30, 2012. A copy of the related questions and answers is attached hereto as Exhibit 99.1. On October 31, 2012, the Company filed a Form 8-K that included the actual earnings release text and supplemental tables. On November 1, 2012, the Company filed a Form 8-K that included the transcript related to this earnings conference call.

The information in this Form 8-K and Exhibits attached hereto 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.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

Exhibit Number

99.1 Third Quarter 2012 Earnings Conference Call Q&A of the Company, dated November 1, 2012.

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