Welcome to our dedicated page for Braemar Hotels & Resorts news (Ticker: BHR), a resource for investors and traders seeking the latest updates and insights on Braemar Hotels & Resorts stock.
Braemar Hotels & Resorts Inc. (NYSE: BHR) is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts. The news flow around Braemar, as reflected in its press releases and Form 8-K filings, centers on portfolio activity, capital markets transactions, governance developments, and the company’s ongoing strategic review.
Investors following BHR news will see regular announcements of quarterly earnings release dates and related conference calls, where Braemar discusses financial results for periods such as the third and fourth quarters and provides supplemental information via press releases and call transcripts. These updates are typically accompanied by Form 8-K filings that furnish the earnings materials.
Company news also highlights significant portfolio transactions. For example, Braemar has reported entering into and completing the sale of The Clancy hotel in San Francisco, including details on sale price, capitalization rates based on trailing net operating income, debt repayment, and net proceeds. Other releases describe financing activity, such as the refinancing of the mortgage loan secured by the Four Seasons Resort Scottsdale at Troon North, including changes to loan balance, interest rate spread, and term.
Strategic and governance developments are another key theme in Braemar’s news. An August 26, 2025 announcement details the Board’s decision to initiate a process for the sale of the company after a review of strategic alternatives by a Special Committee of independent directors. Additional disclosures describe a cooperation agreement with a significant shareholder group and the planned expansion of the Board of Directors. News items also cover changes to the format and logistics of the annual meeting of stockholders, including a shift to a virtual meeting format.
Dividend declarations for common and preferred stock series, as well as updates on advisory and management arrangements with Ashford Inc. and its affiliates, appear in Braemar’s public communications. For ongoing insight into BHR, readers can use this news page to review the company’s earnings announcements, asset sales, refinancing transactions, governance updates, and strategic review milestones as they are reported through press releases and SEC filings.
Braemar Hotels & Resorts (NYSE: BHR) will ring the New York Stock Exchange Opening Bell on October 13, 2021, during its 2021 Investor & Analyst Day. This event highlights the Company's focus on luxury hotel investments. The bell ringing will be broadcast live, starting at 9:30 a.m. ET, and can be accessed via the NYSE website. The announcement also includes forward-looking statements regarding company strategy, market risks, and uncertainties affecting investment outcomes, notably the impact of COVID-19 and the ongoing SEC investigation.
Braemar Hotels & Resorts (NYSE: BHR) announced an Investor & Analyst Day on October 12, 2021, at the Park Lane Hotel in New York City. The event will include a live webcast available on the Company's website, with a one-year replay accessible after the presentation. Institutional investors and analysts can contact Jordan Jennings for attendance inquiries. This press release also includes forward-looking statements concerning the Company's strategy and potential risks affecting performance, especially in light of COVID-19.
Braemar Hotels & Resorts (BHR) announced a preliminary portfolio occupancy of 56.4% for September, with an average daily rate (ADR) of approximately $333, resulting in a RevPAR of about $188. This reflects a 166.7% increase from September 2020, yet a 20.8% decline from September 2019. For Q3 2021, an expected occupancy of 61.7% and ADR of $357 are forecasted, leading to an anticipated RevPAR of $220, which is a 172.4% year-over-year increase but 6.5% lower than Q3 2019.
Braemar Hotels & Resorts Inc. (BHR) declared quarterly and monthly cash dividends for the fourth quarter of 2021. The 4th quarter dividends include $0.3438 per share for Series B Cumulative Convertible Preferred Stock and $0.5156 for Series D Cumulative Preferred Stock, both payable on January 18, 2022. Additionally, monthly dividends for Series E Redeemable Preferred Stock will total $0.50 per share in quarterly payments, while Series M Redeemable Preferred Stock will yield $0.5125. The record dates for these dividends are set for December 31, 2021.
Braemar Hotels & Resorts (NYSE: BHR) has announced a one-year extension for its mortgage loans on Bardessono Resort & Spa and Hotel Yountville in California. The Bardessono loan now matures in August 2022, while the Hotel Yountville loan matures in May 2022. This extension reduces the company's maturing debt to only one loan totaling $67.5 million in 2022, while maintaining no debt maturities for the remainder of 2021. CEO Richard J. Stockton expressed satisfaction over this development, which strengthens their financial position.
Braemar Hotels & Resorts (NYSE: BHR) announced the schedule for its third-quarter earnings release for the period ending September 30, 2021. The earnings report will be released after market close on October 27, 2021, followed by a conference call on October 28, 2021, at 11:00 a.m. ET. Investors can listen live by calling (201) 493-6725, and a replay will be available until November 4, 2021. The event will also be available for online streaming on the company's website. Braemar is focused on investing in luxury hotels and resorts.
Braemar Hotels & Resorts (BHR) reported a preliminary portfolio occupancy of 59.2% for August 2021, with an average daily rate (ADR) of $345.88, resulting in a revenue per available room (RevPAR) of $204.69. This RevPAR marks a 149% increase compared to August 2020 but a 12% decrease from August 2019. The company's hotel net income was $0.9 million, with comparable hotel EBITDA at $9.2 million, down 2% from August 2019. Positive performance was noted at all resorts, with some properties achieving record ADRs. Management remains cautious about COVID-19 and its impacts.
Axos Financial, Inc. (NYSE: AX) announced the election of Stefani Carter as an independent director, effective August 31, 2021. Carter brings a wealth of experience in legal, corporate governance, and public company board service. Chairman Paul Grinberg expressed confidence that her insights will benefit the company's growth. Carter, an attorney since 2005, has held various legal roles and has served in the Texas House of Representatives. Axos Financial continues its transformation from a consumer-focused bank to a diversified financial services entity.
Braemar Hotels & Resorts (NYSE: BHR) reported July portfolio occupancy at 69.6%, with an average daily rate (ADR) of $387, leading to a RevPAR of $269. This represents a 197% increase from July 2020 and a 14% increase from July 2019. The CEO, Richard J. Stockton, highlighted strong leisure demand and forecasted total revenues for August and September to exceed 30% compared to 2019. However, the company acknowledges risks affecting future performance, including COVID-19 impacts and market volatility.
Braemar Hotels & Resorts (BHR) has successfully acquired the 138-room Mr. C Beverly Hills Hotel in Los Angeles for $77.9 million. The deal includes $65.4 million for the hotel and $12.5 million for five luxury condominiums adjacent to it, with a cost of $474,000 per hotel key. Funding was sourced through approximately $30 million cash, 2.5 million OP units, 500,000 warrants at a $6 strike price, and a $30 million mortgage loan. This strategic acquisition aims to enhance BHR's luxury portfolio.