Earnings ·
Braemar Hotels & Resorts Inc. filed a Form 8-K to release its Second Quarter 2026 Investor Presentation
BHRBraemar Hotels & Resorts Inc.
Braemar Hotels & Resorts Inc. filed a Form 8-K to release its Second Quarter 2026 Investor Presentation. The filing reports that comparable Hotel EBITDA increased 14.2% year-over-year to $48.4 million for the quarter, while Total Hotel Revenue rose 10.5% to $169.4 million. Adjusted Funds from Operations (AFFO) reached $0.13 per diluted share, marking the highest quarterly AFFO per share in five years. The company also redeemed approximately $16.3 million of its non-traded preferred stock during the quarter and maintained a net debt to gross assets ratio of 43.5%. Braemar Hotels & Resorts Inc. operates as a real estate investment trust focused on owning, managing, and developing luxury hotels and resorts.