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): May 6, 2004 ASHFORD HOSPITALITY TRUST, INC. (Exact name of registrant as specified in its charter) MARYLAND 001-31775 86-1062192 (State of Incorporation) (Commission File Number) (I.R.S. Employer Identification Number) 14185 Dallas Parkway, Suite 1100 Dallas, Texas 75254 (Address of principal executive offices) (Zip code) Registrant's telephone number, including area code: (972) 490-9600 ITEM 9. REGULATION FD DISCLOSURE On May 6, 2004, Ashford Hospitality Trust, Inc. (the "Company") held an earnings conference call for its first quarter ended March 31, 2004. A copy of the conference call transcript is attached hereto as Exhibit 99.24 and is incorporated herein by reference. Exhibits 99.24 Earnings conference call transcript of the Company dated May 6, 2004. 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: May 6, 2004 ASHFORD HOSPITALITY TRUST, INC. By: /s/ DAVID A. BROOKS --------------------------------- David A. Brooks Chief Legal Officer