Braemar Hotels & Resorts, Inc. Stock News

DALLAS , April 3, 2025 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced its plans to transition the 415-room Sofitel Chicago Magnificent Mile to a franchise structure. Under the franchise structure, the hotel will continue to be the Sofitel Chicago Magnificent Mile, but will be managed by Remington Hospitality under the existing terms of its...

DALLAS , March 21, 2025 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2025. Braemar plans to issue its earnings release for the first quarter after the market closes on Wednesday, May 7, 2025, and will host a conference call on Thursday, May 8, 2025, at 11:00 a.m.

US equity markets remained under pressure this week as encouraging inflation data and a deal to avoid a government shutdown were offset by further tariff escalations and weak sentiment data. Markets struggled to agree on how the FOMC will interpret the latest economic data, with recent "hard data" showing encouraging trends while "softer" survey data has painted a far-bleaker outlook. Following...

DALLAS , March 10, 2025 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has closed on a refinancing involving five hotels. The new loan totals $363 million and has a two-year initial term with three one-year extension options, subject to the satisfaction of certain conditions, taking the final maturity to 2030.

Braemar Hotels & Resorts' 8.25% Series D Preferreds offer a 10.2% yield and are trading at a roughly 18% discount to their liquidation value per share. The REIT's fiscal 2024 fourth quarter saw a 1.9% increase in comparable RevPAR. Macro uncertainty and the near-term movement of the US 10-year Treasury yield form core risks and opportunities for the preferreds.

Braemar Hotels & Resorts Inc. (NYSE:BHR ) Q4 2024 Earnings Conference Call February 27, 2025 11:00 AM ET Company Participants Deric Eubanks - Chief Financial Officer Richard Stockton - President and Chief Executive Officer Chris Nixon - Executive Vice President and Head of Asset Management Conference Call Participants Michael Bellisario - Baird Jonathan Jenkins - Oppenheimer Operator Hello, and...

Braemar Hotels & Resorts is a speculative small-cap REIT with a high-yield potential, trading at a 23% discount to NAV. Despite past volatility and leverage concerns, Braemar's luxury hotel assets and experienced management provide a solid foundation for future growth. The company has successfully refinanced its debt, reducing the risk of capital destruction and supporting a "SPEC BUY" rating w...

DALLAS , Jan. 27, 2025 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced the tax reporting (Federal Form 1099-DIV) information for the 2024 distributions on its common shares and its Series B, D, E and M preferred shares. The amounts below represent the income tax treatment applicable to each distribution that is reportable in 2024.