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Braemar Hotels & Resorts
(NYSE:BHR)
Braemar Hotels & Resorts (BHR) vs. SPDR S&P 500 ETF (SPY)
Braemar Hotels & Resorts Business Overview & Revenue Model
Braemar Hotels & Resorts Earnings Call Summary
Braemar Hotels & Resorts Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 725.14M | 728.40M | 739.34M | 669.59M | 427.54M | 226.97M |
| Gross Profit | 159.82M | 153.68M | 168.47M | 175.09M | 92.42M | -2.58M |
| EBITDA | 131.59M | 135.70M | 160.03M | 146.88M | 73.59M | -25.20M |
| Net Income | -6.62M | -1.69M | -27.02M | 17.76M | -32.91M | -124.68M |
Balance Sheet | ||||||
| Total Assets | 2.10B | 2.14B | 2.23B | 2.40B | 1.88B | 1.67B |
| Cash, Cash Equivalents and Short-Term Investments | 81.69M | 135.47M | 88.45M | 261.54M | 216.00M | 78.61M |
| Total Debt | 1.22B | 1.23B | 1.22B | 1.39B | 1.23B | 1.19B |
| Total Liabilities | 1.40B | 1.41B | 1.41B | 1.57B | 1.36B | 1.28B |
| Stockholders Equity | 672.70M | 695.57M | 795.07M | 801.79M | 504.33M | 383.21M |
Cash Flow | ||||||
| Free Cash Flow | 69.26M | 66.82M | 84.64M | 60.34M | 38.31M | -75.84M |
| Operating Cash Flow | 45.92M | 66.82M | 84.71M | 109.48M | 63.95M | -50.29M |
| Investing Cash Flow | 44.13M | 35.51M | -77.07M | -402.22M | -41.68M | -16.54M |
| Financing Cash Flow | -173.25M | -83.77M | -156.84M | 345.06M | 127.95M | 49.59M |
Braemar Hotels & Resorts Technical Analysis
Braemar Hotels & Resorts Risk Analysis
Braemar Hotels & Resorts Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $645.64M | 41.24 | 0.93% | 6.21% | -1.91% | -256.67% | |
65 Neutral | $2.04B | 16.92 | 4.00% | 5.06% | 1.74% | -1.63% | |
61 Neutral | $355.09M | 273.58 | 1.22% | 4.41% | -0.87% | ― | |
58 Neutral | $145.31M | ― | -0.07% | 9.52% | -3.68% | 38.92% | |
54 Neutral | $29.98M | ― | 3.37% | ― | 1.78% | -33.00% | |
48 Neutral | $23.78M | ― | -25.86% | 1.03% | -0.89% | -702.65% | |
42 Neutral | $37.28M | ― | -25.85% | ― | -11.83% | -4186.83% |
Braemar Hotels & Resorts Corporate Events
On August 18, 2025, Braemar Hotels & Resorts Inc. announced the successful refinancing of the existing mortgage loan for the Four Seasons Resort Scottsdale at Troon North. The previous loan of $140 million with an interest rate of SOFR + 3.75% was replaced with a new non-recourse loan of $180 million at a lower interest rate of SOFR + 3.00%, provided by Aareal Capital Corporation. This refinancing enhances Braemar’s liquidity and reduces its cost of debt, reflecting an improving credit market for lodging assets.
On August 1, 2025, Braemar Hotels & Resorts Inc. released its investor presentation for the second quarter of 2025. The presentation highlighted the company’s strong financial performance, with a notable increase in hotel EBITDA and total hotel revenue compared to the previous year. The company also reported a slight increase in occupancy and RevPAR, indicating a stable growth trajectory. These results underscore Braemar’s robust positioning in the luxury lodging sector, despite broader economic uncertainties.
On August 1, 2025, Braemar Hotels & Resorts reported a 1.5% growth in comparable RevPAR and a 3.7% increase in total comparable hotel EBITDA for the second quarter ended June 30, 2025. The company highlighted strong performance in both urban and resort segments, with notable revenue growth at properties like Ritz-Carlton Lake Tahoe and Ritz-Carlton Reserve Dorado Beach. Braemar also addressed its final 2025 debt maturity and agreed to sell the Marriott Seattle Waterfront, aligning with its strategy to focus on luxury hotels. The company continues to see strong booking trends and expects further growth, despite ongoing renovations at some properties.
Braemar Hotels & Resorts reported its financial results for the second quarter of 2025, highlighting a 1.5% increase in comparable RevPAR and a net loss of $16 million for common stockholders. The company converted its Sofitel Chicago Magnificent Mile to a franchise structure, and plans to sell the Marriott Seattle Waterfront for $145 million, aiming to align its financial performance with the luxury hotel sector.
On July 11, 2025, Braemar Hotels & Resorts announced that its Board of Directors declared various cash dividends for the third quarter of 2025 for its common and preferred stocks. These dividends, payable on October 15, 2025, reflect the company’s commitment to providing returns to its shareholders and indicate a stable financial strategy amidst market conditions.
On July 3, 2025, Braemar Hotels & Resorts announced an agreement to sell the Marriott Seattle Waterfront hotel for $145 million, with the transaction expected to close in the third quarter of 2025. This sale is part of Braemar’s strategy to deleverage its portfolio and align its financial performance with the luxury hotel sector, although the completion of the sale is subject to customary conditions.
Braemar Hotels & Resorts Inc. has rescheduled its 2025 Annual Meeting of Stockholders from July 30, 2025, to December 15, 2025. This postponement may impact the company’s stakeholder engagement and decision-making timeline.
On June 2, 2025, Mr. Jay H. Shah resigned from the Board of Directors of Braemar Hotels & Resorts Inc., effective immediately. His resignation was not due to any disagreements with the company’s operations, policies, or practices.
On April 1, 2025, Braemar Hotels & Resorts appointed Ms. Kellie Sirna to its Board of Directors, and she was later assigned to the Nominating and Corporate Governance Committee on May 22, 2025. Ms. Sirna, an experienced interior designer and entrepreneur, brings significant expertise from her work in the hospitality design sector. Additionally, the Board decided to replace the expired equity incentive plan with an additional cash payment for non-employee directors and announced that the 2025 Annual Meeting will be held on July 30, 2025, with a record date of June 24, 2025.