Earnings ·
Braemar Hotels reports Q3 comparable RevPAR up 14.4% and reaffirms 2027 earnings guidance
BHRBraemar Hotels & Resorts Inc.
Braemar Hotels & Resorts Inc. released an investor presentation detailing its third quarter 2026 results, highlighting a 14.4% year-over-year increase in comparable reported RevPAR to $284 and a 20.7% rise in comparable Hotel EBITDA. The company also announced the sale of the Four Seasons Scottsdale for $372 million on October 28, 2026, and the refinancing of its Ritz-Carlton, Lake Tahoe debt to extend maturity to 2031 with a reduced spread. Management reaffirmed full-year 2027 guidance, projecting mid-point diluted earnings per share of ($0.47) and Adjusted EBITDAre of $88 million. Braemar Hotels & Resorts Inc. operates as a lodging real estate investment trust owning and managing luxury hotel properties.