Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Eubanks Deric S
2. Date of Event Requiring Statement (Month/Day/Year)
06/13/2014
3. Issuer Name and Ticker or Trading Symbol
ASHFORD HOSPITALITY TRUST INC [AHT]
(Last)
(First)
(Middle)
14185 DALLAS PARKWAY, SUITE 1100
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

DALLAS, TX 75254
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 54,113
D
 
Common Stock 2,215
I
Through Spouse's IRA

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Common Limited Partnership Units (1)   (1)   (2) Common Stock (1) 19,396 (1) $ 0 D  
Special Limited Partnership Units (3)   (3)(4)   (5) Common Stock (3) 56,855 (3) $ 0 D  
Special Limited Partnership Units (3) 02/27/2015(6)   (5) Common Stock (3) 10,578 (3) $ 0 D  
Special Limited Partnership Units (3) 03/04/2015(6)   (5) Common Stock (3) 10,000 (3) $ 0 D  
Special Limited Partnership Units (3) 03/29/2015(6)   (5) Common Stock (3) 5,000 (3) $ 0 D  
Special Limited Partnership Units (3) 03/31/2015(6)   (5) Common Stock (3) 18,749 (3) $ 0 D  
Special Limited Partnership Units (3) 02/27/2016(6)   (5) Common Stock (3) 10,578 (3) $ 0 D  
Special Limited Partnership Units (3) 03/04/2016(6)   (5) Common Stock (3) 10,000 (3) $ 0 D  
Special Limited Partnership Units (3) 02/27/2017(6)   (5) Common Stock (3) 10,578 (3) $ 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Eubanks Deric S
14185 DALLAS PARKWAY
SUITE 1100
DALLAS, TX 75254
      Chief Financial Officer  

Signatures

/s/ DERIC S. EUBANKS 06/13/2014
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Common limited partnership units ("Common Units") in Ashford Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Common Units are redeemable for cash or, at the option of the Issuer, shares of the Issuer's common stock on a 1-for-1 basis.
(2) The Common Units have no expiration date.
(3) Special long-term incentive partnership units ("LTIP Units") in Subsidiary. Vested LTIP Units, upon achieving parity with the Common Units, are convertible into Common Units at the option of the Reporting Person. Common Units are redeemable for cash or, at the option of the Issuer, shares of the Issuer's common stock on a 1-for-1 basis.
(4) Currently vested.
(5) The LTIP Units have no expiration date.
(6) Date of vesting.

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