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BHR - Braemar Hotels & Resorts FFO beats by $0.04 beats on revenue
Braemar Hotels & Resorts Inc.
Braemar Hotels & Resorts (NYSE:BHR): Q2 FFO of $0.20 beats by $0.04. Revenue of $97.11M beats by $2.06M. Comparable RevPAR for all hotels increased 875% to $187.31 during the quarter on a 35.1% increase in ADR and a 621.6% increase in occupancy. Comparable RevPAR for all hotels decreased 19.6% compared to the comparable period in 2019. Comparable Hotel EBITDA was $24.7M for the quarter. Source: Press Release