Braemar Hotels & Resorts ( (BHR) ) has released its Q2 earnings. Here is a breakdown of the information Braemar Hotels & Resorts presented to its investors.
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Braemar Hotels & Resorts is a real estate investment trust (REIT) specializing in luxury hotels and resorts, known for its strategic focus on high-end hospitality properties.
In its second quarter of 2025, Braemar Hotels & Resorts reported a mixed financial performance, with slight increases in key metrics such as Revenue Per Available Room (RevPAR) and Average Daily Rate (ADR), alongside a net loss attributable to common stockholders.
Key financial highlights for the quarter include a 1.5% increase in comparable RevPAR to $318, a 0.9% rise in ADR to $443, and a 0.6% increase in occupancy to 71.9%. Despite these gains, the company reported a net loss of $16 million, or $0.24 per diluted share, while adjusted funds from operations stood at $0.09 per diluted share. The company also ended the quarter with $80.2 million in cash and cash equivalents. Strategically, Braemar converted its Sofitel Chicago Magnificent Mile to a franchise structure and agreed to sell the Marriott Seattle Waterfront for $145 million.
Looking forward, Braemar’s management remains optimistic about the company’s positioning in the luxury hotel sector, with plans to deleverage its portfolio and enhance property values through strategic asset management. The company anticipates continued RevPAR growth and aims to align its financial performance with the broader luxury hotel market trends.