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BHR - Braemar Hotels & Resorts FFO beats by $0.03 beats on revenue
Braemar Hotels & Resorts Inc.
Braemar Hotels & Resorts (BHR): Q1 FFO of $0.20 beats by $0.03.Revenue of $83.85M (-28.7% Y/Y) beats by $0.95M.Comparable RevPAR for all hotels decreased 22.7% to $159.97 during the quarter on a 25.3% increase in ADR and a 38.3% decrease in occupancy.Capex invested during the quarter was $4.7M.Press Release