BHR News and Press, Braemar Hotels & Resorts Inc. From 08/08/23

2023-08-08 12:16:46 ET Summary Braemar Hotels & Resorts reported a net loss of $13 million in Q2 2023, with a decline in revenue per available room and average daily rate. Concerns arise from the company's substantial debt obligations due next year. The company's historica...

2023-08-06 22:42:12 ET Summary Braemar's dividend yield has been pushed to a 3-year high on the back of stock price weakness. The hotel REIT has seen adjusted funds from operations and revenue per available room decline over their year-ago comps. Dividend coverage sits at arou...

2023-08-02 15:58:03 ET Braemar Hotels & Resorts Inc. (BHR) Q2 2023 Earnings Conference Call August 02, 2023 12:00 PM ET Company Participants Jordan Jennings - Manager, Investor Relations Richard Stockton - President & Chief Executive Officer Deric Eubanks...

2023-08-02 00:57:06 ET Braemar Hotels & Resorts press release ( NYSE: BHR ): Q2 FFO of $0.20 in-line. Revenue of $186.71M (+6.8% Y/Y) beats by $4.47M . Comparable RevPAR for all hotels decreased 4.2% over the prior year quarter to $309. Comparable ADR decr...

BRAEMAR HOTELS & RESORTS REPORTS SECOND QUARTER 2023 RESULTS BRAEMAR HOTELS & RESORTS REPORTS SECOND QUARTER 2023 RESULTS PR Newswire DALLAS , Aug. 1, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") toda...

BRAEMAR HOTELS & RESORTS UNVEILS THE CAMEO BEVERLY HILLS, A REBRANDING OF THE MR. C BEVERLY HILLS, JOINING THE HILTON FAMILY OF BRANDS BRAEMAR HOTELS & RESORTS UNVEILS THE CAMEO BEVERLY HILLS, A REBRANDING OF THE MR. C BEVERLY HILLS, JOINING THE HILTON FAMILY OF BRANDS PR Ne...

2023-08-01 09:28:03 ET Braemar Hotels & Resorts ( NYSE: BHR ) has entered into a new $200M corporate financing to repay hotel mortgage debt, the REIT said Tuesday. The financing has an initial three-year term and includes a senior secured term loan facility in an initial...

BRAEMAR HOTELS & RESORTS ANNOUNCES NEW $200 MILLION CORPORATE FINANCING BRAEMAR HOTELS & RESORTS ANNOUNCES NEW $200 MILLION CORPORATE FINANCING PR Newswire DALLAS , Aug. 1, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" ...

2023-07-31 17:35:57 ET Braemar Hotels & Resorts ( NYSE: BHR ) is scheduled to announce Q2 earnings results on Tuesday, August 1st, after market close. The consensus FFO Estimate is $0.20 and the consensus Revenue Estimate is $182.24M For further details...

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...