BHR News and Press, Braemar Hotels & Resorts Inc. From 05/16/22

ASHFORD SECURITIES SURPASSES $100 MILLION CAPITAL RAISE MILESTONE FOR ITS FIRST INVESTMENT PRODUCT PR Newswire DALLAS , May 16, 2022 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly-owned subsidiary of Ashford Inc. (NYSE American: A...

March’s REIT recovery was short-lived, as the REIT sector plunged -5.85% in April. Large cap (-3.30%) and mid-cap (-5.39%) REITs outperformed, whereas small caps (-7.37%) and micro caps (-9.20%) suffered deeper April losses. Only 19.88% of REIT securities had a positive tot...

Braemar Hotels & Resorts (NYSE:BHR): Q1 FFO of $0.41 beats by $0.11. Revenue of $161.88M (+93.1% Y/Y) beats by $11.63M. For further details see: Braemar Hotels & Resorts FFO of $0.41 beats by $0.11, revenue of $161.88M beats by $11.63M

Business travel has been a persistent sore spot for hotels and airlines throughout the pandemic. However, Baird is now betting that the trend is beginning to turn as travel emerges from a long COVID-induced winter. “Large technology, financial services firms have begun their return to ...

BRAEMAR HOTELS & RESORTS ANNOUNCES PRELIMINARY FIRST QUARTER 2022 RESULTS BRAEMAR HOTELS & RESORTS ANNOUNCES PRELIMINARY FIRST QUARTER 2022 RESULTS PR Newswire DALLAS , April 25, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BH...

Oppenheimer analyst Taylor Batory starts coverage of the lodging REIT sector with a bullish outlook on the back of strong leisure travel and a corporate-led recovery in urban market RevPAR (revenue per available room). In addition, low supply and average daily rate growth, along with operatio...

ASHFORD ANNOUNCES PLANNED DEPARTURE OF EXECUTIVE PR Newswire DALLAS , April 19, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that Jeremy Welter , its President and Chief Operating Officer, will b...

U.S. equity markets were broadly lower this past week amid an ongoing "bond rout" after minutes from the latest Fed meeting revealed an aggressive -perhaps combative - monetary policy posture. Snapping a three-week winning streak, the S&P 500 declined 1.2% on the week, but the sel...

BRAEMAR HOTELS & RESORTS DECLARES PREFERRED DIVIDENDS FOR SECOND QUARTER OF 2022 BRAEMAR HOTELS & RESORTS DECLARES PREFERRED DIVIDENDS FOR SECOND QUARTER OF 2022 PR Newswire DALLAS , April 7, 2022 /PRNewswire/ -- Braemar Hotels & Resorts I...

Braemar Hotels & Resorts (NYSE:BHR) said Wednesday it expects to report occupancy of ~55% for Q1 with an average daily rate of ~$597 resulting in RevPAR of ~$328. This RevPAR reflects ~69% growth Y/Y and ~20% increase compared to Q1 of 2019. The prelim. operating results assume that the 1...