Braemar Hotels Extends Long-Term Advisory Agreement Ten Years

Braemar Hotels & Resorts ( (BHR) ) just unveiled an update.

On March 31, 2026, Braemar Hotels & Resorts disclosed that its external advisor, Ashford Inc. together with Ashford Hospitality Advisors LLC, elected to extend the term of their Fifth Amended and Restated Advisory Agreement for an additional ten-year period. The renewed term will begin when the current term expires on January 24, 2027, and run through January 24, 2037, keeping all existing terms, conditions, rights, and obligations in place while allowing the parties to renegotiate the base and incentive fees under the agreement, thus providing long-term advisory continuity for Braemar’s operations.

The most recent analyst rating on (BHR) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Braemar Hotels & Resorts stock, see the BHR Stock Forecast page.

Spark’s Take on BHR Stock

According to Spark, TipRanks’ AI Analyst, BHR is a Neutral.

The score is held down primarily by weak financial performance (deteriorating profitability and high/worsening leverage) and bearish technicals (below key moving averages with negative MACD). These are partially offset by a high dividend yield and an earnings-call backdrop showing improving operating metrics and some deleveraging progress, though ongoing losses, floating-rate exposure, and sale-process/dividend-policy uncertainty remain key risks.

To see Spark’s full report on BHR stock, click here.

More about Braemar Hotels & Resorts

Braemar Hotels & Resorts Inc. is a lodging real estate investment trust that, through its operating partnership and taxable REIT subsidiary, owns and invests in luxury hotels and resorts. The company operates under an external advisory model, relying on Ashford Inc. and Ashford Hospitality Advisors LLC to provide asset management and other advisory services critical to its hotel investment and operations strategy.

Average Trading Volume: 397,881

Technical Sentiment Signal: Strong Sell

Current Market Cap: $158.6M

For a thorough assessment of BHR stock, go to TipRanks’ Stock Analysis page.