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Braemar Hotels & Resorts Inc - BHR STOCK NEWS

Welcome to our dedicated news page for Braemar Hotels & Resorts (Ticker: BHR), a resource for investors and traders seeking the latest updates and insights on Braemar Hotels & Resorts.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Braemar Hotels & Resorts's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Braemar Hotels & Resorts's position in the market.

Rhea-AI Summary
Braemar Hotels & Resorts Inc. advises shareholders to discard Blackwells' proxy materials and wait for the company's proxy materials for the 2024 Annual Meeting. Braemar reaffirms its dedication to maximizing shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.54%
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none
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Rhea-AI Summary
Braemar Hotels & Resorts Inc. (BHR) announced a quarterly cash dividend for common stock and preferred stocks, with varying rates and payment dates. As of March 31, 2024, the company had 16,162,834 shares of Series E Redeemable Preferred Stock and 1,747,771 shares of Series M Redeemable Preferred Stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.27%
Tags
dividends
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Rhea-AI Summary
Braemar Hotels & Resorts Inc. (BHR) announced its plans for the release of first-quarter results on March 31, 2024. The earnings release is scheduled for May 8, 2024, with a conference call on May 9, 2024. Braemar is a real estate investment trust focusing on luxury hotels and resorts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.56%
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Rhea-AI Summary
Braemar Hotels & Resorts Inc. rejects Blackwells' director nomination due to false statements and omissions. Braemar files complaint to prevent illegal proxy solicitation. Blackwells accused of attempting a takeover below intrinsic value. Braemar remains committed to maximizing shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.04%
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none
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Rhea-AI Summary
Braemar Hotels & Resorts Inc. (BHR) announced the successful closure of a $62 million property-level mortgage financing for the Ritz-Carlton Reserve Dorado Beach in Puerto Rico. The two-year term loan has an interest rate of SOFR + 4.75%. Braemar aims to reduce future interest expenses with improving debt capital markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.49%
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none
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Rhea-AI Summary
Braemar Hotels & Resorts Inc. (BHR) has successfully refinanced or extended almost all of its 2024 debt maturities, totaling approximately $300 million out of $330 million. The company refinanced the Capital Hilton in Washington, D.C., partially paid down the mortgage on the Hilton La Jolla Torrey Pines, and extended loans secured by the Pier House Resort & Spa in Key West, Florida, and the Ritz-Carlton St. Thomas in St. Thomas, USVI. The loans now have extended maturity dates and bear interest at floating rates. Braemar's President & CEO, Richard Stockton, expressed satisfaction with addressing these near-term debt maturities and plans to fully repay the remaining loan associated with the Cameo Beverly Hills, expecting a more favorable refinancing environment in the future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.44%
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none
Rhea-AI Summary
Braemar Hotels & Resorts Inc. (NYSE: BHR) has announced the tax reporting information for the 2023 distributions on its common shares and preferred shares. The report outlines the income tax treatment for each distribution, including ordinary taxable dividends, section 199A dividends, capital gain distributions, and return of capital. The company encourages stockholders to consult with their tax advisors regarding the tax effects of these dividends. Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.25%
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none
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Rhea-AI Summary
Braemar Hotels & Resorts Inc. (NYSE: BHR) announced a quarterly cash dividend of $0.05 per diluted share for common stock, equating to an annual rate of $0.20 per share. Dividends for preferred stocks were also declared. The company focuses on luxury hotel and resort investments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.61%
Tags
dividends
-
Rhea-AI Summary
Braemar Hotels & Resorts Inc. (NYSE: BHR) announced the release of its fourth-quarter results, with plans to issue the earnings release on February 29, 2024, and host a conference call on March 1, 2024. Braemar is a real estate investment trust (REIT) focused on luxury hotels and resorts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.87%
Tags
Rhea-AI Summary
Braemar Hotels & Resorts Inc. has finalized extensions for two mortgage loans secured by the Ritz-Carlton Lake Tahoe and the Four Seasons Resort Scottsdale at Troon North. The loan for Ritz-Carlton Lake Tahoe is extended for an additional 12 months with a rate of SOFR + 3.60%. The loan for Four Seasons Resort Scottsdale at Troon North is increased by $40 million to $140 million and extended for an additional 12 months with a rate of SOFR + 3.75%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.08%
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none
Braemar Hotels & Resorts Inc

NYSE:BHR

BHR Rankings

BHR Stock Data

214.58M
58.48M
18.33%
58.13%
3.06%
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About BHR

ashford hospitality prime is a conservatively capitalized reit that invests primarily in high revpar, full-service luxury hotels and resorts. we are listed on the new york stock exchange under the symbol ahp and are externally-advised by ashford (nyse mkt: ainc). follow chairman monty bennett on twitter @mbennettashford