Braemar Hotels & Resorts Inc. completed the sale of its 142-room Pier House Resort & Spa in Key West, Florida on August 12, 2026, for $190.0 million in cash. The transaction represents a 7.3% capitalization rate on trailing twelve-month net operating income through June 30, 2026, and includes anticipated capital expenditures of $11.8 million. Proceeds were used to repay approximately $93.7 million in mortgage debt secured by the property. The company received roughly $187.5 million net of selling expenses, generating a preliminary non-recurring gain on disposition. Braemar Hotels & Resorts Inc. operates as a hotel investment trust owning and managing upscale resort properties.

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.

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.

Braemar Hotels & Resorts Inc. announced the declaration of June 2026 dividends for its 5.5% Series B Cumulative Convertible Preferred Stock, 8.25% Series D Cumulative Preferred Stock, Series E Redeemable Preferred Stock, and Series M Redeemable Preferred Stock. Braemar Hotels & Resorts Inc. operates in the hospitality industry and manages hotel properties.

On June 12, 2026, Braemar Hotels & Resorts Inc. announced the conclusion of its strategic review process via a press release. The company operates in the hospitality industry, owning and managing luxury hotels.