Earnings ·
Braemar Hotels & Resorts Inc. reported second quarter 2026 financial results on August 5, 2026
BHRBraemar Hotels & Resorts Inc.
Braemar Hotels & Resorts Inc. reported second quarter 2026 financial results on August 5, 2026. Comparable RevPAR increased 12.3% to $396, driven by a 13.1% rise in ADR to $545 despite a 0.7% occupancy decline to 72.6%. The company reported a net loss attributable to common stockholders of $0.7 million, or ($0.01) per diluted share, while Adjusted Funds from Operations (AFFO) was $0.13 per diluted share and Comparable Hotel EBITDA rose 14.2% to $48.4 million. The company closed the sale of Park Hyatt Beaver Creek for $176 million and subsequently sold three additional properties for a total of $437.5 million, while announcing an agreement to sell Pier House Resort & Spa for $190 million. Braemar operates in the luxury hotel and resort real estate sector.