EXHIBIT 21.1

SUBSIDIARIES LISTING AS OF DECEMBER 31, 2018

All the subsidiaries listed below are incorporated in Delaware except that Ashford Hospitality Trust, Inc. is incorporated in Maryland.

Ashford Hospitality Trust, Inc.

AH Tenant Corporation

AHT SMA GP, LLC

AHT SMA, LP

Annapolis Hotel GP LLC

Annapolis Maryland Hotel Limited Partnership

APHM - ND, L.P.

APHM North Dallas - GP, LLC

Ashford 18 M1 LLC

Ashford 18 M2 LLC

Ashford 18 M3 LLC

Ashford A-3 Mezz LLC

Ashford AA Senior Mezz LLC

Ashford Alexandria GP LLC

Ashford Alexandria LP

Ashford Alpharetta Limited Partnership

Ashford Anchorage GP LLC

Ashford Anchorage LP

Ashford Ann Arbor GP LLC

Ashford Ann Arbor LP

Ashford Ashton GP LLC

Ashford Ashton LP

Ashford Atlanta Peachtree GP LLC

Ashford Atlanta Peachtree LP

Ashford Atlantic Beach GP LLC

Ashford Atlantic Beach LP

Ashford Austin GP LLC

Ashford Austin LP

Ashford Basking Ridge GP LLC

Ashford Basking Ridge LP

Ashford Beverly Hills GP LLC

Ashford Bloomington GP LLC

Ashford Bloomington LP

Ashford Boston Billerica GP LLC

Ashford Boston Billerica LP

Ashford Bridgewater GP LLC

Ashford Bridgewater Hotel Partnership, LP

Ashford Bucks County LLC

Ashford Buena Vista LP

Ashford Buford I LP

Ashford Buford II LP

Ashford BWI Airport GP LLC

1

Ashford BWI Airport LP

Ashford Canada Trust

Ashford Centerville Limited Partnership

Ashford Chambers GP LLC

Ashford Chambers LP

Ashford Charlotte Limited Partnership

Ashford CM GP LLC

Ashford CM Partners LP

Ashford Columbus Easton GP LLC

Ashford Columbus Easton LP

Ashford Coral Gables GP LLC

Ashford Coral Gables LP

Ashford Credit Holding LLC

Ashford Crystal City GP LLC

Ashford Crystal City Limited Partnership

Ashford Crystal City Partners LP

Ashford Crystal Gateway GP LLC

Ashford Crystal Gateway LP

Ashford D-3 Mezz LLC

Ashford Dallas GP LLC

Ashford Dallas LP

Ashford Downtown Atlanta GP LLC

Ashford Downtown Atlanta LP

Ashford Downtown Atlanta Senior Mezz LLC

Ashford Dulles GP LLC

Ashford Dulles LP

Ashford Durham I LLC

Ashford Durham II LLC

Ashford Edison LP

Ashford Eight General Partner LLC

Ashford Evansville I GP LLC

Ashford Evansville I LP

Ashford Evansville III GP LLC

Ashford Evansville III LP

Ashford Falls Church Limited Partnership

Ashford Five Junior Holder LLC

Ashford Five Junior Mezz LLC

Ashford Five Senior Mezz LLC

Ashford Flagstaff GP LLC

Ashford Flagstaff LP

Ashford Fort Tower I GP LLC

Ashford Foshay GP LLC

Ashford Foshay LP

Ashford Foshay Senior Mezz LLC

Ashford Fremont GP LLC

Ashford Fremont LP

2

Ashford Fremont Senior Mezz LLC

Ashford Ft. Lauderdale Weston I LLC

Ashford Ft. Lauderdale Weston II LLC

Ashford Ft. Lauderdale Weston III LLC

Ashford G-3 Mezz LLC

Ashford Gainesville GP LLC

Ashford Gainesville LP

Ashford Gaithersburg Limited Partnership

Ashford Gateway TRS Corporation

Ashford GCH Beverage, Inc.

Ashford Hawthorne GP LLC

Ashford Hawthorne LP

Ashford HI Beverage, Inc.

Ashford Hospitality Finance General Partner LLC

Ashford Hospitality Finance LP

Ashford Hospitality Limited Partnership

Ashford Hospitality Servicing LLC

Ashford IHC LLC

Ashford IHC Partners, LP

Ashford Irvine Spectrum Foothill Ranch Limited Partnership

Ashford Jacksonville I GP LLC

Ashford Jacksonville I LP

Ashford Jacksonville II LP

Ashford Jacksonville IV GP LLC

Ashford Jacksonville IV LP

Ashford Junior A LLC

Ashford Junior B LLC

Ashford Junior C LLC

Ashford Junior D LLC

Ashford Junior E LLC

Ashford Junior F LLC

Ashford Junior M1 LLC

Ashford Junior M2 LLC

Ashford Kennesaw I LP

Ashford Kennesaw II LP

Ashford Lakeway GP LLC

Ashford Lakeway LP

Ashford Lakeway Mezzanine LLC

Ashford Las Vegas GP LLC

Ashford Las Vegas LP

Ashford Lawrenceville LP

Ashford Le Pavillon GP LLC

Ashford Le Pavillon LP

Ashford Le Pavillon Senior Mezz LLC

Ashford Lee Vista GP LLC

Ashford Lee Vista Partners LP

3

Ashford Louisville LP

Ashford LV Hughes Center GP LLC

Ashford LV Hughes Center LP

Ashford Manhattan Beach GP LLC

Ashford Manhattan Beach LP

Ashford Market Center GP LLC

Ashford Market Center LP

Ashford Memphis GP LLC

Ashford Memphis LP

Ashford Mezz Borrower LLC

Ashford Minneapolis Airport GP LLC

Ashford Minneapolis Airport LP

Ashford Mira Mesa San Diego Limited Partnership

Ashford Mobile LP

Ashford MV San Diego GP LLC

Ashford MV San Diego LP

Ashford Newark GP LLC

Ashford Newark LP

Ashford Nickel Junior Mezz LLC

Ashford Nickel Senior Mezz LLC

Ashford Oakland GP LLC

Ashford Oakland LP

Ashford OP General Partner LLC

Ashford OP Limited Partner LLC

Ashford Orlando Sea World Limited Partnership

Ashford Overland Park Limited Partnership

Ashford PH GP LLC

Ashford PH Partners LP

Ashford Philly GP LLC

Ashford Philly LP

Ashford Phoenix Airport GP LLC

Ashford Phoenix Airport LP

Ashford Phoenix Airport North GP LLC

Ashford Phoenix Airport North LP

Ashford Pittsburgh Meadowlands GP LLC

Ashford Pittsburgh Meadowlands LP

Ashford Pittsburgh Southpointe GP LLC

Ashford Pittsburgh Southpointe LP

Ashford Pittsburgh Waterfront GP LLC

Ashford Pittsburgh Waterfront LP

Ashford Plano-C GP LLC

Ashford Plano-C LP

Ashford Plano-R GP LLC

Ashford Plano-R LP

Ashford Plymouth Meeting GP LLC

Ashford Plymouth Meeting LP

4

Ashford Pool A GP LLC

Ashford Pool A Junior Holder LLC

Ashford Pool A Junior Mezz LLC

Ashford Pool A Senior Mezz LLC

Ashford Pool B GP LLC

Ashford Pool B Junior Holder LLC

Ashford Pool B Junior Mezz LLC

Ashford Pool B Senior Mezz LLC

Ashford Pool C1 GP LLC

Ashford Pool C1 Junior Holder LLC

Ashford Pool C1 Junior Mezz LLC

Ashford Pool C1 Senior Mezz LLC

Ashford Pool C2 GP LLC

Ashford Pool C2 Junior Holder LLC

Ashford Pool C2 Junior Mezz LLC

Ashford Pool C2 Senior Mezz LLC

Ashford Pool C3 GP LLC

Ashford Pool C3 Junior Holder LLC

Ashford Pool C3 Junior Mezz LLC

Ashford Pool C3 Senior Mezz LLC

Ashford Pool I GP LLC

Ashford Pool II GP LLC

Ashford Properties General Partner LLC

Ashford Raleigh Limited Partnership

Ashford RB Junior Mezz LLC

Ashford RB Senior Mezz LLC

Ashford Richmond LP

Ashford Ruby Palm Desert I Limited Partnership

Ashford Salt Lake Limited Partnership

Ashford San Jose GP LLC

Ashford San Jose LP

Ashford Santa Clara GP LLC

Ashford Santa Clara Partners LP

Ashford Santa Fe GP LLC

Ashford Santa Fe LP

Ashford Sapphire Acquisition LLC

Ashford Sapphire GP LLC

Ashford Sapphire I GP LLC

Ashford Sapphire II GP LLC

Ashford Sapphire V GP LLC

Ashford Sapphire VI GP LLC

Ashford Scottsdale GP LLC

Ashford Scottsdale LP

Ashford Senior A LLC

Ashford Senior B LLC

Ashford Senior C LLC

5

Ashford Senior D LLC

Ashford Senior E LLC

Ashford Senior F LLC

Ashford Senior General Partner I LLC

Ashford Senior General Partner II LLC

Ashford Senior General Partner III LLC

Ashford Senior General Partner IV LLC

Ashford Senior General Partner LLC

Ashford Senior M1 LLC

Ashford Senior M2 LLC

Ashford Seven General Partner LLC

Ashford Six General Partner LLC

Ashford Stillwater GP LLC

Ashford Stillwater LP

Ashford Syracuse LP

Ashford Ten Junior Mezz LLC

Ashford Ten Senior Mezz LLC

Ashford Tipton Lakes GP LLC

Ashford Tipton Lakes LP

Ashford TRS 18 M1 LLC

Ashford TRS 18 M2 LLC

Ashford TRS 18 M3 LLC

Ashford TRS AA Senior Mezz LLC

Ashford TRS Alexandria LLC

Ashford TRS Anchorage LLC

Ashford TRS Ann Arbor LLC

Ashford TRS Ashton Holder LLC

Ashford TRS Ashton LLC

Ashford TRS Atlanta Peachtree LLC

Ashford TRS Atlantic Beach LLC

Ashford TRS Austin LLC

Ashford TRS Basking Ridge LLC

Ashford TRS Beverly Hills LLC

Ashford TRS Bloomington LLC

Ashford TRS Boston Billerica LLC

Ashford TRS Bridgewater LLC

Ashford TRS Bucks County LLC

Ashford TRS BWI Airport LLC

Ashford TRS Canada Corporation

Ashford TRS Chambers LLC

Ashford TRS CM LLC

Ashford TRS Columbus Easton LLC

Ashford TRS Coral Gables LLC

Ashford TRS Corporation

Ashford TRS Crystal City LLC

Ashford TRS Dallas LLC

6

Ashford TRS Downtown Atlanta LLC

Ashford TRS Downtown Atlanta Senior Mezz LLC

Ashford TRS Dulles LLC

Ashford TRS Durham I LLC

Ashford TRS Eight LLC

Ashford TRS Evansville I LLC

Ashford TRS Evansville III LLC

Ashford TRS Five Junior Holder I LLC

Ashford TRS Five Junior Holder II LLC

Ashford TRS Five Junior Holder III LLC

Ashford TRS Five Junior Holder IV LLC

Ashford TRS Five Junior Holder V LLC

Ashford TRS Five Junior Mezz I LLC

Ashford TRS Five Junior Mezz II LLC

Ashford TRS Five Junior Mezz III LLC

Ashford TRS Five Junior Mezz IV LLC

Ashford TRS Five Junior Mezz V LLC

Ashford TRS Five LLC

Ashford TRS Five Senior Mezz I LLC

Ashford TRS Five Senior Mezz II LLC

Ashford TRS Five Senior Mezz III LLC

Ashford TRS Five Senior Mezz IV LLC

Ashford TRS Five Senior Mezz V LLC

Ashford TRS Flagstaff LLC

Ashford TRS Fort Tower I LLC

Ashford TRS Foshay LLC

Ashford TRS Foshay Senior Mezz LLC

Ashford TRS Fremont LLC

Ashford TRS Fremont Senior Mezz LLC

Ashford TRS Gainesville LLC

Ashford TRS Hawthorne LLC

Ashford TRS Investment Management GP LLC

Ashford TRS Investment Management LP

Ashford TRS Jacksonville I LLC

Ashford TRS Jacksonville IV LLC

Ashford TRS Junior A LLC

Ashford TRS Junior B LLC

Ashford TRS Junior C1 LLC

Ashford TRS Junior C2 LLC

Ashford TRS Junior D1 LLC

Ashford TRS Junior D2 LLC

Ashford TRS Junior E LLC

Ashford TRS Junior F LLC

Ashford TRS Junior M1 LLC

Ashford TRS Junior M2 LLC

Ashford TRS Lakeway Holding LLC

7

Ashford TRS Lakeway LLC

Ashford TRS Las Vegas LLC

Ashford TRS Le Pavillon LLC

Ashford TRS Le Pavillon Senior Mezz LLC

Ashford TRS Lee Vista LLC

Ashford TRS Lessee I LLC

Ashford TRS Lessee II LLC

Ashford TRS Lessee III LLC

Ashford TRS Lessee IV LLC

Ashford TRS Lessee LLC

Ashford TRS LV Hughes Center LLC

Ashford TRS Manhattan Beach LLC

Ashford TRS Market Center LLC

Ashford TRS Memphis LLC

Ashford TRS Minneapolis Airport LLC

Ashford TRS MV San Diego LLC

Ashford TRS Newark LLC

Ashford TRS Nickel Junior Mezz LLC

Ashford TRS Nickel LLC

Ashford TRS Nickel Senior Mezz LLC

Ashford TRS Oakland LLC

Ashford TRS PH LLC

Ashford TRS Philly LLC

Ashford TRS Phoenix Airport LLC

Ashford TRS Phoenix Airport North LLC

Ashford TRS Pittsburgh Meadowlands LLC

Ashford TRS Pittsburgh Southpointe LLC

Ashford TRS Pittsburgh Waterfront LLC

Ashford TRS Plano-C LLC

Ashford TRS Plano-R LLC

Ashford TRS Plymouth Meeting LLC

Ashford TRS Pool A Junior Holder LLC

Ashford TRS Pool A Junior Mezz LLC

Ashford TRS Pool A LLC

Ashford TRS Pool A Senior Mezz LLC

Ashford TRS Pool B Junior Holder LLC

Ashford TRS Pool B Junior Mezz LLC

Ashford TRS Pool B LLC

Ashford TRS Pool B Senior Mezz LLC

Ashford TRS Pool C1 Junior Holder LLC

Ashford TRS Pool C1 Junior Mezz LLC

Ashford TRS Pool C1 LLC

Ashford TRS Pool C1 Senior Mezz LLC

Ashford TRS Pool C2 Junior Holder LLC

Ashford TRS Pool C2 Junior Mezz LLC

Ashford TRS Pool C2 LLC

8

Ashford TRS Pool C2 Senior Mezz LLC

Ashford TRS Pool C3 Junior Holder LLC

Ashford TRS Pool C3 Junior Mezz LLC

Ashford TRS Pool C3 LLC

Ashford TRS Pool C3 Senior Mezz LLC

Ashford TRS Pool I LLC

Ashford TRS Pool II LLC

Ashford TRS RB Junior Mezz LLC

Ashford TRS RB Senior Mezz LLC

Ashford TRS San Jose LLC

Ashford TRS Santa Clara LLC

Ashford TRS Santa Fe LLC

Ashford TRS Sapphire GP LLC

Ashford TRS Sapphire I LLC

Ashford TRS Sapphire II LLC

Ashford TRS Sapphire LLC

Ashford TRS Sapphire V LLC

Ashford TRS Sapphire VI LLC

Ashford TRS Scottsdale LLC

Ashford TRS Senior A LLC

Ashford TRS Senior B LLC

Ashford TRS Senior C1 LLC

Ashford TRS Senior C2 LLC

Ashford TRS Senior D1 LLC

Ashford TRS Senior D2 LLC

Ashford TRS Senior E LLC

Ashford TRS Senior F LLC

Ashford TRS Senior M1 LLC

Ashford TRS Senior M2 LLC

Ashford TRS Seven LLC

Ashford TRS Six LLC

Ashford TRS Stillwater LLC

Ashford TRS Ten Junior Mezz LLC

Ashford TRS Ten Senior Mezz LLC

Ashford TRS Tipton Lakes LLC

Ashford TRS VI Corporation

Ashford TRS VII Corporation

Ashford TRS Walnut Creek LLC

Ashford TRS Wichita Licensee LLC

Ashford TRS Wichita LLC

Ashford TRS Wisconsin Dells LLC

Ashford TRS WQ LLC

Ashford Walnut Creek GP LLC

Ashford Walnut Creek LP

Ashford Wichita GP LLC

Ashford Wichita LP

9

Ashford Wisconsin Dells GP LLC

Ashford Wisconsin Dells LP

Ashford WQ Hotel GP LLC

Ashford WQ Hotel LP

Ashford WQ Licensee LLC

Ashford, Inc.

Austin Embassy Beverage, Inc.

Bucks County Member LLC

CHH Crystal City Hotel, LP

CHH Lee Vista Hotel GP, LLC

Commack New York Hotel Limited Partnership

Crystal City Tenant Corp.

CY Manchester Hotel Partners, LP

CY Manchester Tenant Corporation

CY-CIH Manchester Parent, LLC

Dearborn Hotel Partners, LP

Dearborn Tenant Corp.

DLC 2 Tree Tenant Corp.

HH Annapolis Holding LLC

HH Annapolis LLC

HH Atlanta LLC

HH Austin Hotel Associates, L.P.

HH Baltimore LLC

HH Chicago LLC

HH Churchill Hotel Associates, L.P.

HH Denver LLC

HH DFW Hotel Associates, L.P.

HH FP Portfolio LLC

HH Gaithersburg LLC

HH LC Portfolio LLC

HH Melrose Hotel Associates, L.P.

HH Mezz Borrower A-2 LLC

HH Mezz Borrower A-4 LLC

HH Mezz Borrower D-1 LLC

HH Mezz Borrower D-2 LLC

HH Mezz Borrower D-4 LLC

HH Mezz Borrower G-2 LLC

HH Mezz Borrower G-4 LLC

HH Palm Springs LLC

HH Princeton LLC

HH San Antonio LLC

HH Savannah LLC

HH Swap A LLC

HH Swap C LLC

HH Swap C-1 LLC

HH Swap D LLC

10

HH Swap F LLC

HH Swap F-1 LLC

HH Swap G LLC

HH Tampa Westshore LLC

HH Texas Hotel Associates, L.P.

HHC Texas GP LLC

HHC TRS Atlanta LLC

HHC TRS Austin LLC

HHC TRS Baltimore II LLC

HHC TRS Baltimore LLC

HHC TRS Chicago LLC

HHC TRS FP Portfolio LLC

HHC TRS Highland LLC

HHC TRS LC Portfolio LLC

HHC TRS Melrose LLC

HHC TRS Portsmouth LLC

HHC TRS Princeton LLC

HHC TRS Savannah LLC

HHC TRS Tampa LLC

Key West Florida Hotel Limited Partnership

Key West Hotel GP LLC

Lee Vista Tenant Corp.

Minnetonka Hotel GP LLC

Minnetonka Minnesota Hotel Limited Partnership

New Beverly Hills Hotel Limited Partnership

New Clear Lake GP LLC

New Clear Lake Hotel Limited Partnership

New Fort Tower I GP LLC

New Fort Tower I Hotel Limited Partnership

New Houston GP LLC

New Houston Hotel Limited Partnership

New Indianapolis Downtown GP LLC

New Indianapolis Downtown Hotel Limited Partnership

Non-REIT GP LLC

Palm Beach Florida Hotel and Office Building Limited Partnership

Palm Beach GP LLC

PH Hotel GP, LLC

PH Hotel Partners, LP

PIM Ashford Mezz 4 LLC

PIM Ashford Venture I, LLC

PIM Boston Back Bay LLC

PIM Highland Holding LLC

PIM Nashville LLC

PIM TRS Boston Back Bay LLC

PIM TRS Nashville LLC

REDUS SH ND, LLC

11

RFS SPE 2000 LLC

RI Manchester Hotel Partners, LP

RI Manchester Tenant Corporation

RI-CIH Manchester Parent, LLC

Rye Town Tenant Corp.

Santa Clara Tenant Corp.

St. Petersburg Florida Hotel Limited Partnership

St. Petersburg GP LLC

Westbury New York Hotel Limited Partnership

Ashford Posada LP

Ashford Posada GP LLC

Ashford TRS Posada LLC

12