BHR News and Press, Braemar Hotels & Resorts Inc. From 10/30/19

DALLAS , Oct. 30, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today reported the following results and performance measures for the third quarter ended September 30 , 2019.  The comparable performance measurements for Occupanc...

Braemar Hotels & Resorts (NYSE: BHR ) enters into a $75M secured credit facility, replacing the company's previous credit facility that was due to mature next month. More news on: Braemar Hotels & Resorts, Inc., Financial stocks news, Read more ...

DALLAS , Oct. 28, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it has entered into a new $75 million secured credit facility which replaces the Company's previous credit facility that was scheduled to mature...

Ashford Inc. (NYSEMKT: AINC ) stockholders approve the proposals relating to the company's combination with Remington Holdings. More news on: Ashford Inc., Ashford Hospitality Trust, Inc., Braemar Hotels & Resorts, Inc., Financial stocks news, Merger & acquisition news, Read ...

DALLAS , Oct. 24, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") announced that its stockholders approved the proposals relating to the Company's combination with Remington Holdings, LP ("Remington") at a special meeting held earlier today.  Hold...

DALLAS , Oct. 21, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors has formally declared the distribution of its remaining 174,983 shares of common stock of Ashford Inc. (NYSE American: AINC) ("Ashf...

The short thesis Safehold ( SAFE ) has a cost structure problem. Its overhead is not being sufficiently overcome by revenues due to a low ROIC combined with fairly egregious management compensation. This problem will not get better with size due to scaling management fees that ramp as the ...

Summit Hotel ( INN ) appears to have more upside in the stock price than the downside. A simple DCF model with EV/EBITDA multiple of 8x-17x reveals ~100% upside and ~35% downside. Also, in October, with the new acquisition of four hotels, I expect that Summit Hotel Properties will increase its...

Braemar Hotels & Resorts (NYSE: BHR ) refinances its mortgage loan for the 142-room Pier House Resort & Spa in Key West, FL, which had an existing outstanding balance of $70M, a floating interest rate of LIBOR + 2.25% and a final maturity date in March 2020. More news on: Braemar...

DALLAS , Oct. 3, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced the opening of The Maple Grove Presidential Villa at the Bardessono Hotel & Spa ("Bardessono") in Yountville, CA. The new Presidential Villa, which is als...