BHR News and Press, Braemar Hotels & Resorts Inc. From 07/24/23

2023-07-24 16:56:13 ET Two more hotel owners are having trouble keeping up with debt payments on loans backing hotels, according to a media report. Cerberus Capital Management and Highgate have missed two months of payments on a $415M loan for 30 Courtyard by Marriott hotels, Bloomber...

BRAEMAR HOTELS & RESORTS DECLARES DIVIDENDS FOR THE THIRD QUARTER OF 2023 BRAEMAR HOTELS & RESORTS DECLARES DIVIDENDS FOR THE THIRD QUARTER OF 2023 PR Newswire DALLAS , July 11, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Brae...

2023-06-30 15:42:16 ET Summary Ashford common shares have recently scraped all-time lows. The preferred shares now yield over 12%. The bull argument can be summed up in four words, i.e. "mainly property level debt". Does that save the day for the preferred shares? In...

2023-06-13 17:04:10 ET Braemar Hotels & Resorts ( NYSE: BHR ) said Tuesday it has extended the maturity of its $435M mortgage loan secured by four properties: The Notary Hotel, The Clancy, Sofitel Chicago Magnificent Mile, and Marriott Seattle Waterfront. The loan...

BRAEMAR HOTELS & RESORTS ANNOUNCES EXTENSION OF MORTGAGE LOAN FOR 4-HOTEL PORTFOLIO BRAEMAR HOTELS & RESORTS ANNOUNCES EXTENSION OF MORTGAGE LOAN FOR 4-HOTEL PORTFOLIO PR Newswire DALLAS , June 13, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc...

BRAEMAR HOTELS & RESORTS TO PRESENT AT NAREIT'S REITWEEK 2023 INVESTOR CONFERENCE BRAEMAR HOTELS & RESORTS TO PRESENT AT NAREIT'S REITWEEK 2023 INVESTOR CONFERENCE PR Newswire DALLAS , June 2, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NY...

2023-05-27 03:51:04 ET Summary The comparable RevPAR in Q1 2023 increased by 8.4% to $369, occupancy showed an impressive increase of 18.4% to 64.9%. The company is trading on attractive valuations with only 0.65x its book value. In December, they declared a significant rise i...

2023-05-24 10:00:00 ET Summary Despite lingering recession concerns, hotel REITs are pacing for a second-straight year of outperformance after punishing early-pandemic declines, buoyed by steady post-pandemic operating improvement and the long-awaited return of dividends. The fina...

2023-05-03 16:38:09 ET Braemar Hotels & Resorts Inc. (BHR) Q1 2023 Earnings Conference Call May 03, 2023 11:00 AM ET Company Participants Jordan Jennings - Investor Relations Richard Stockton - President and Chief Executive Officer Deric Eubanks - Chief Finan...

2023-05-02 18:05:54 ET Braemar Hotels & Resorts press release ( NYSE: BHR ): Q1 FFO of $0.44. Revenue of $215.3M (+33.0% Y/Y). Comparable RevPAR for all hotels increased 8.4% over the prior year quarter to $369. For further details see: Braemar Hotels &am...