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Real estate investment trust Braemar Hotels & Resorts ( NYSE: BHR ) expects to report occupancy of around 64% for the fourth quarter of 2022 with an average daily rate of ~$469 resulting in RevPAR of ~$301.
This RevPAR reflects an approximate increase of 8% Y/Y and around 20% growth over fourth quarter of 2019.
December 2022 RevPAR grew around 26% versus December 2019.