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AINC - Braemar Hotels & Resorts: This Luxurious Lodging REIT Is A Diamond In The Rough
Ashford Inc.
Back in September 2018 I made the argument that Braemar Hotels & Resorts (BHR) deserved shelf space. Given the deep discount that shares were trading at the time, I opted to reiterate a "spec buy" rating, in which I forecasted total returns of more than 60%. So far this year, BHR has bounced back, returning close to 30%, almost half the targeted total return forecast.
Keep in mind, we have only recommended a handful of spec buys in the REIT Lab, and to be clear, when I refer to a company as a