Braemar's fourth quarter was characterized by strong performance in its luxury resort portfolio, which saw a 4.1% RevPAR increase, offset by disruption from significant renovations at three key properties. The company is currently undergoing a formal sale process and successfully completed the sale of 'The Clancy' in San Francisco for $115 million during the quarter.

Braemar Hotels & Resorts Inc. reported financial results for the first quarter ended March 31, 2025, with comparable RevPAR increasing by 4.2% to $404 and comparable Hotel EBITDA increasing by 5.3% to $70.8 million. The company reported a net loss attributable to common stockholders of $(2.5) million, or $(0.04) per diluted share, and adjusted funds from operations (AFFO) of $0.40 per diluted share.

Braemar Hotels & Resorts Inc. reported strong fourth quarter performance with a 1.9% increase in comparable RevPAR for all hotels, reaching $305. The company ended the quarter with substantial cash and cash equivalents, and a net debt to gross assets ratio of 40.8%.

Braemar Hotels & Resorts reported a net loss attributable to common stockholders of $(1.4) million, or $(0.02) per diluted share, for the third quarter ended September 30, 2024. Comparable RevPAR decreased 1.6% over the prior year quarter to $261. The company closed on the sale of the Hilton La Jolla Torrey Pines for $165 million and a refinancing involving five hotels for $407 million.

Braemar Hotels & Resorts reported a net loss attributable to common stockholders of $(21.9) million or $(0.33) per diluted share for the quarter. Comparable RevPAR for all hotels decreased 1.5% over the prior year quarter to $305. The Company ended the quarter with cash and cash equivalents of $120.3 million.

Braemar Hotels & Resorts reported first quarter 2024 financial results, featuring a net income attributable to common stockholders of $3.5 million, or $0.05 per diluted share. The company's comparable RevPAR decreased slightly by 0.2% to $368, while ending the quarter with a solid cash position of $137.1 million.

Braemar Hotels & Resorts Inc. reported a decrease in comparable RevPAR for all hotels by 4% to $288, with a net loss attributable to common stockholders of $(31.1) million or $(0.47) per diluted share for the quarter.

Braemar Hotels & Resorts reported a net loss attributable to common stockholders of $(33.1) million, or $(0.50) per diluted share, for the third quarter of 2023. Comparable RevPAR decreased 7.1% over the prior year quarter to $263. The company ended the quarter with $149.5 million in cash and cash equivalents.

Braemar Hotels & Resorts reported a net loss attributable to common stockholders of $(13.0) million, or $(0.20) per diluted share, for the second quarter of 2023. Comparable RevPAR for all hotels decreased 4.2% over the prior year quarter to $309. Adjusted EBITDAre was $46.3 million for the quarter.

Braemar Hotels & Resorts reported a solid first quarter with comparable RevPAR increasing 8.4% year-over-year to $369 and Adjusted EBITDAre growing 34% over the prior year quarter.

Braemar Hotels & Resorts reported a solid fourth quarter in 2022, marked by an 8.3% increase in comparable RevPAR and a 33% growth in Adjusted EBITDAre compared to the prior year quarter. The company also completed the acquisition of the Four Seasons Resort Scottsdale and increased its quarterly common stock dividend.

Braemar Hotels & Resorts reported strong third-quarter results, with a 19% increase in comparable RevPAR to $288. The company also announced an agreement to acquire the Four Seasons Resort Scottsdale.

Braemar Hotels & Resorts Inc. reported strong second quarter 2022 results, with significant increases in comparable RevPAR, Adjusted EBITDAre, and Comparable Hotel EBITDA compared to the prior year quarter. The company's urban portfolio has recovered, contributing significantly to the overall performance.

Braemar Hotels & Resorts reported a strong first quarter in 2022, achieving the highest quarterly comparable RevPAR in company history. Net income attributable to common stockholders was $11.4 million, and Adjusted EBITDAre was $49.2 million. The company also completed the acquisition of The Ritz-Carlton Reserve Dorado Beach and reinstated its quarterly common stock dividend.

Braemar Hotels & Resorts reported a net loss attributable to common stockholders for the fourth quarter of $(4.3) million, with a comparable RevPAR increase of 163% to $239.62, the highest in the Company's history. Adjusted EBITDAre was $29.4 million, and comparable Hotel EBITDA was $35.5 million.

Braemar Hotels & Resorts reported strong operating performance in Q3 2021, with a 168% increase in comparable RevPAR. The company also completed the acquisition of the Mr. C Beverly Hills Hotel. While September results were slightly impacted by concerns about the COVID-19 Delta variant, overall leisure demand remained strong, and the portfolio was cash flow positive for the third consecutive quarter.

Braemar Hotels & Resorts reported strong second quarter results, driven by a significant increase in RevPAR and positive cash flow. The company also announced the planned acquisition of the Mr. C Beverly Hills Hotel and completed a convertible senior notes offering.

Braemar Hotels & Resorts reported a net loss attributable to common stockholders of $11.2 million for the first quarter of 2021. However, the company experienced positive trends with comparable average daily rate increasing by 25.3% and achieving cash flow positive at the corporate level for the quarter.

Braemar Hotels & Resorts reported a net loss attributable to common stockholders of $28.3 million, or $0.77 per diluted share, for the fourth quarter ended December 31, 2020. Comparable RevPAR for all hotels decreased 59.8% to $89.83 during the quarter on a 10.8% increase in ADR and a 63.8% decrease in occupancy. Comparable Hotel EBITDA was $1.6 million for the quarter.

Braemar Hotels & Resorts reported a net loss attributable to common stockholders of $18.7 million, with a comparable RevPAR decrease of 65.6% to $80.84. The company achieved positive Hotel EBITDA across its portfolio, driven by strong occupancy at leisure properties, and signed several forbearance agreements, resulting in no loan defaults.

Braemar Hotels & Resorts reported a challenging second quarter due to the COVID-19 pandemic, with a net loss attributable to common stockholders of $46.3 million, and a significant decrease in comparable RevPAR. The company has taken steps to ensure financial flexibility, including amending its credit facility and signing forbearance agreements on several loans.

Braemar Hotels & Resorts reported a net loss attributable to common stockholders of $15.5 million, or $0.48 per diluted share, for the first quarter ended March 31, 2020. Comparable RevPAR for all hotels decreased 14.8% to $206.90 during the quarter. Adjusted EBITDAre was $18.5 million for the quarter.

Braemar Hotels & Resorts reported a net income attributable to common stockholders of $12.7 million for the fourth quarter of 2019, with adjusted funds from operations per share increasing by 93% and adjusted EBITDAre increasing by 25%. The company also completed the reopening of The Ritz-Carlton St. Thomas and the opening of The Maple Grove Presidential Villa at the Bardessono Hotel & Spa.