BHR News and Press, Braemar Hotels & Resorts Inc. From 01/01/23

Summary U.S. equity markets closed out their worst year since the Financial Crisis with a fourth-straight week of declines as Treasury yields jumped back to seven-week highs on renewed inflation and COVID concerns. Dragging its full-year declines to nearly 20%, the S&P 500 slipped 0...

Braemar Hotels & Resorts ( NYSE: BHR ) said Thursday it closed on a $100M mortgage loan for the Four Seasons Resort Scottsdale at Troon North in Scottsdale, Arizona. The non-recourse loan has a three-year initial term with two one-year extension options. The loan is intere...

BRAEMAR HOTELS & RESORTS ANNOUNCES CLOSING OF MORTGAGE LOAN ON THE FOUR SEASONS RESORT SCOTTSDALE AT TROON NORTH AND PLAN TO PAY OFF MORE EXPENSIVE LOAN BRAEMAR HOTELS & RESORTS ANNOUNCES CLOSING OF MORTGAGE LOAN ON THE FOUR SEASONS RESORT SCOTTSDALE AT TROON NORTH AND PLAN TO P...

Braemar Hotels & Resorts ( NYSE: BHR ) stock rose 3.2% after the bell on Wednesday as the REIT expects to swing to profit in Q4 . The REIT reported Q4 preliminary estimated net income of ~$0.5M-$3.5M vs. -$2.3M in Q4 2021. Adj. EBITDAre is projected to be $36M-$39...

BRAEMAR HOTELS & RESORTS PROVIDES Q4 2022 UPDATE BRAEMAR HOTELS & RESORTS PROVIDES Q4 2022 UPDATE PR Newswire DALLAS , Dec. 21, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) (the "Company" or "Braemar"), announced today its prelim...

Summary U.S. equity markets retreated this week as investors positioned for the upcoming FOMC meeting while a chorus of analysts and executives expressed doubt on the likelihood of a "soft landing." Posting its worst week since mid-September, the S&P 500 slid 3.3% on the week - slum...

Braemar Hotels & Resorts ( NYSE: BHR ) declares $0.05/share quarterly dividend , 400% increase from prior dividend of $0.01. Forward yield 5.8% Payable Jan. 17; for shareholders of record Dec. 30; ex-div Dec. 29. The Company also announced that its Board of Dir...

BRAEMAR HOTELS & RESORTS ANNOUNCES INCREASE IN COMMON DIVIDEND AND NEW STOCK REPURCHASE AUTHORIZATION BRAEMAR HOTELS & RESORTS ANNOUNCES INCREASE IN COMMON DIVIDEND AND NEW STOCK REPURCHASE AUTHORIZATION PR Newswire Quarterly Common Stock Dividend Increased to $0...

BRAEMAR HOTELS & RESORTS COMPLETES ACQUISITION OF FOUR SEASONS RESORT SCOTTSDALE AT TROON NORTH BRAEMAR HOTELS & RESORTS COMPLETES ACQUISITION OF FOUR SEASONS RESORT SCOTTSDALE AT TROON NORTH PR Newswire DALLAS , Dec. 1, 2022 /PRNewswire/ -- Braemar H...

Summary The REIT sector achieved only its 3rd month in the black out of the first 10 months of 2022 with a +8.69% total return in October. Large cap REITs (+2.92%) averaged small gains, micro caps (+7.36%) and mid caps (+8.11%) had moderate gains and small caps (+12.85%) surged. ...