BHR - Braemar Hotels & Resorts FFO of $0.23 beats by $0.03 revenue of $130.4M beats by $10.37M

Braemar Hotels & Resorts press release (NYSE:BHR): Q4 FFO of $0.23 beats by $0.03. Revenue of $130.4M (+151.7% Y/Y) beats by $10.37M. Comparable RevPAR for all hotels increased 163% to $239.62 during the quarter, the highest quarterly RevPAR in the Company’s history. Comparable ADR increased 18.5% to $392.08 and comparable occupancy increased 121.9% to 61.1%. Comparable RevPAR for all hotels increased 6.3% compared to the comparable period in 2019.

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Braemar Hotels & Resorts FFO of $0.23 beats by $0.03, revenue of $130.4M beats by $10.37M