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Braemar Hotels (NYSE: BHR) names Eric Batis director as two step down

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Braemar Hotels & Resorts Inc. reported several Board changes. On May 21, 2026, the Board appointed Eric Batis, Chief Operating Officer of Ashford Inc., as a director to serve until the next annual stockholder meeting and until a successor is elected and qualified. He will not receive additional compensation for his Board service and the company states he has no material interests in reportable related-party transactions or special arrangements leading to his selection.

On the same date, directors Stefani Danielle Carter and Rebecca Musser resigned from the Board, and the company notes that neither resignation resulted from any disagreement regarding operations, policies, or practices.

Positive

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Negative

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Board appointment date May 21, 2026 Eric Batis appointed to Braemar Hotels & Resorts Board
Director resignation effective date May 21, 2026 Resignations of Stefani Danielle Carter and Rebecca Musser
Board of Directors financial
"the Board of Directors (the “Board”) of Braemar Hotels & Resorts Inc."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
Item 5.02 regulatory
"ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors"
Regulation S-K regulatory
"reportable under Item 404(a) of Regulation S-K, nor have any such transactions"
A set of U.S. Securities and Exchange Commission rules that tell public companies which narrative and qualitative details must be disclosed in filings, such as risk factors, management discussion, executive pay, legal proceedings and business description. Think of it as a standardized checklist or blueprint that ensures investors get the same types of background information from every company so they can compare risks, management quality and strategy before making investment decisions.
Emerging growth company regulatory
"Emerging growth company Securities registered pursuant to Section 12(b)"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
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UNITED STATES
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 21, 2026

 

BRAEMAR HOTELS & RESORTS INC.

(Exact name of registrant as specified in its charter)

 

Maryland   001-35972   46-2488594
(State or other jurisdiction of incorporation or organization)   (Commission File Number)   (IRS employer identification number)
         
14185 Dallas Parkway        
Suite 1200        
Dallas        
Texas       75254
(Address of principal executive offices)       (Zip code)

 

Registrant’s telephone number, including area code: (972) 490-9600

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered

Common Stock

  BHR   New York Stock Exchange
Preferred Stock, Series B   BHR-PB   New York Stock Exchange
Preferred Stock, Series D   BHR-PD   New York Stock Exchange

 

 

 

 

 

  

ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On May 21, 2026, the Board of Directors (the “Board”) of Braemar Hotels & Resorts Inc. (the “Company”) appointed Mr. Eric Batis to the Board to serve until the next annual meeting of stockholders of the Company and until his successor is duly elected and qualified. At the time of his appointment to the Board, Mr. Batis was not appointed to any committee.

 

Mr. Batis serves as the Chief Operating Officer of Ashford Inc. (“Ashford”). In this role, Mr. Batis oversees the company’s day-to-day operational execution across the organization. He is responsible for driving operational performance, refining acquisition strategies, and strengthening oversight to support sustained growth across the Ashford Group of Companies. Prior to this position, Mr. Batis served as Executive Vice President of Operations for Ashford since October 2022. In that capacity, he oversaw operations for both Ashford’s asset management advisory business and its hospitality products and services business. Previously, as Senior Vice President of Portfolio Management of Ashford, he led the acquisition and investment process for several key assets and businesses, including OpenKey, J&S Audio Visual (now INSPIRE), Lismore Capital, Kalibri Labs, PURE Rooms, and RED Hospitality and Leisure. Mr. Batis also held roles in Ashford’s Asset Management department, managing portfolios of hotels for Ashford, Ashford Hospitality Trust (AHT), and the Company, and earlier led Ashford’s Capital Management group, directing renovation and repositioning initiatives for hotels. Before joining Ashford Inc. in 2013, Mr. Batis was a Vice President at investment bank Houlihan Lokey, where he led real estate valuation efforts, and assisted clients with mergers and acquisitions and finances. Prior to Houlihan Lokey, he worked for Integra Realty Resources in Chicago, valuing commercial properties across the Midwest. Mr. Batis holds a Bachelor of Arts degree in Political Science from Northwestern University.

 

No additional compensation will be paid to Mr. Batis in connection with the performance of his additional duties as a member of the Board. Mr. Batis has no direct or indirect material interest in any transaction with the Company that is reportable under Item 404(a) of Regulation S-K, nor have any such transactions been proposed. There are no arrangements or understandings between Mr. Batis and any other person pursuant to which he was selected to serve as director.

 

Also on May 21, 2026, each of Stefani Danielle Carter and Rebecca Musser notified the Company of their resignation from the Board effective as of that date. Neither Ms. Carter’s nor Ms. Musser’s resignation was the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  BRAEMAR HOTELS & RESORTS INC.
     
Dated: May 28, 2026 By: /s/ Jim Plohg
    Jim Plohg
    Executive Vice President, General Counsel & Secretary

 

 

 

FAQ

What Board change did Braemar Hotels & Resorts (BHR) announce on May 21, 2026?

Braemar Hotels & Resorts appointed Eric Batis to its Board of Directors on May 21, 2026. He will serve until the next annual stockholder meeting and until a successor is elected and qualified, expanding the Board’s experience in hotel operations and investments.

What is Eric Batis’s background before joining the Braemar Hotels (BHR) Board?

Eric Batis serves as Chief Operating Officer of Ashford Inc., overseeing day-to-day operations and acquisition strategies. He previously held senior roles in operations and portfolio management at Ashford, and earlier worked in real estate valuation and investment banking at Houlihan Lokey and Integra Realty Resources.

Will Braemar Hotels (BHR) pay additional compensation to Eric Batis as a director?

No, Braemar Hotels & Resorts stated that no additional compensation will be paid to Eric Batis for his Board service. His appointment adds responsibilities beyond his existing role at Ashford Inc. without increasing his overall compensation package from the company.

Which directors resigned from the Braemar Hotels (BHR) Board in May 2026?

Stefani Danielle Carter and Rebecca Musser resigned from the Braemar Hotels & Resorts Board effective May 21, 2026. The company noted that neither resignation resulted from any disagreement regarding its operations, policies, or practices, indicating routine Board turnover rather than a dispute.

Were there any special arrangements leading to Eric Batis’s selection as a Braemar Hotels (BHR) director?

Braemar Hotels & Resorts stated there are no arrangements or understandings between Eric Batis and any other person under which he was selected as director. This indicates his appointment was made directly by the Board without side agreements or special nomination deals.

Filing Exhibits & Attachments

4 documents