BHR news

Braemar Hotels & Resorts Inc. successfully refinanced the $43.4 million loan for the Ritz-Carlton Lake Tahoe, extending hard debt maturities and reducing its interest rate, signaling positive financial management.

Braemar Hotels & Resorts Inc. announced its Board intends to nominate eight highly qualified directors, including seven new ones, to be elected at the 2026 Annual Meeting. The change follows the company's new chapter and aims to protect its ongoing value-creation plan.

Braemar Hotels & Resorts declared cash dividends for Series B, Series D, and monthly payments for Series E and Series M preferred stock to be paid in January 2027. The announcement underscores continued capital returns by the hospitality REIT amidst current market conditions.

Braemar Hotels & Resorts agreed to sell the Four Seasons Resort Scottsdale for $372 million to fund its separation from Ashford and provided financial guidance for its new, luxury-focused portfolio.

Braemar Hotels & Resorts has reached an agreement to settle a shareholder proxy battle and various litigation claims with Al Shams Investments. The settlement resolves potential proxy fights and damages allegations regarding the board of directors.

Braemar Hotels & Resorts released its second quarter 2026 earnings update and investor presentation in August, highlighting risk factors, non-GAAP measures, and forward-looking strategy statements.

Braemar Hotels & Resorts posted its highest second quarter RevPAR in history due to increased Rates and RevPAR. The company also reported robust Adjusted EBITDA and Aggregate Net Loss attributed to preferred stock redemptions.

Braemar Hotels & Resorts Inc. declared preferred stock dividends varying from $0.17708 to $0.5156 per share, scheduled for payment in late September and October 2026.

Braemar Hotels & Resorts Inc. sold The Ritz-Carlton Sarasota, Hotel Yountville, and Bardessono Hotel for approximately $432.7 million. The bulk of the proceeds were used to repay approximately $232.8 million in outstanding mortgage debt.

Braemar Hotels extended the $43.4 million mortgage loan securing the Ritz-Carlton Lake Tahoe to October 15, 2026. The update removes the company's final 2026 maturity, preserving its ability to refinance debt at improved terms soon.

Braemar Hotels & Resorts announced preferred stock dividends across multiple series, including Series B, D, E, and M preferred shares, payable on July 15, 2026. The declarations demonstrate continued capital returns to preferred shareholders as a REIT focused on luxury hotel properties.

Braemar Hotels concluded a strategic review and approved a management spin-out to operate as a self-managed REIT, terminating its advisory agreement with Ashford Inc. The company expects over $25 million in annual G&A cost savings and plans to reconstitute its board with five new independent directo…

Braemar Hotels completed the sale of its 193-room Park Hyatt Beaver Creek Resort & Spa for $176 million, generating approximately $104.5 million in net proceeds after debt repayment. The company used proceeds to repay convertible notes and strengthen its balance sheet while advancing strategic alter…

Braemar Hotels amended its advisory agreement with Ashford to extend the fee renegotiation period for the term commencing January 25, 2027. The extension provides additional time for parties to negotiate base and incentive fees, impacting the company's advisory cost structure going forward.

Braemar Hotels & Resorts declared monthly preferred dividends across multiple series, including $0.1146 per share for Series B, $0.17187 for Series D, and $0.15625-$0.17917 for Series E and M preferred stocks. The announcements demonstrate the company's continued commitment to preferred shareholder …