Braemar Hotels & Resorts, Inc. (BHR)

In the past six months, Braemar Hotels & Resorts' stock has trended up. Key events impacting the stock include its Q1 2025 earnings, where FFO and revenues surpassed estimates, and Q2 2025 earnings, which saw EPS and revenue beat forecasts despite FFO lagging estimates, leading to a stock dip. The company declared quarterly common stock dividends for Q3 and Q4 2025. Significant corporate actions include the initiation of a sale process for the entire company, driven partly by historically low EBITDA multiples for lodging REITs and ongoing activist investor activity. Additionally, Braemar announced an agreement to sell The Clancy hotel and previously the Marriott Seattle Waterfront, and successfully refinanced the Four Seasons Resort Scottsdale. The company also added a new independent director to its board.

The demand for Braemar Hotels & Resorts' products and services is subject to significant seasonality. Hotels experience recurring patterns of high and low demand throughout the year, influenced by factors such as weather, holidays, events, and travel patterns. Demand typically peaks during the summer months and around winter holidays, while transitional or "off-peak" seasons see lower demand. Braemar's portfolio includes resort destinations, which are particularly susceptible to these seasonal fluctuations.

Braemar Hotels & Resorts, Inc. (BHR) is a real estate investment trust (REIT) focused on investing in high RevPAR, luxury hotels and resorts, operating within the Real Estate sector, specifically in the Hotel and Resort REITs industry. The company owns hotel properties, generating revenue through rooms, food and beverage, and other services, and its portfolio includes hotels operating under well-known brands.

Braemar Hotels & Resorts, Inc. owns interests in 15 hotel properties located across seven states, the District of Columbia, Puerto Rico, and St. Thomas, U.S. Virgin Islands. These properties are predominantly situated in U.S. urban markets and resort locations, including states such as California, Texas, Washington, Florida, and Illinois, along with a presence in Philadelphia.

Braemar Hotels & Resorts maintains a strong brand reputation within the luxury hotel segment. Its portfolio of luxury hotels has consistently achieved the highest RevPAR among publicly traded lodging REITs, indicating strong market positioning. The company's luxury properties have historically driven RevPAR growth due to their prime locations and limited competitive supply. Through June 30, 2025, Braemar's portfolio demonstrated a year-to-date RevPAR growth, outperforming the overall U.S. Hotel Industry's growth. The high quality of its portfolio has also attracted interest from multiple activist investors over the years.

As of recent data, institutional investors hold 46.83% of Braemar Hotels & Resorts, Inc.'s shares, while insider ownership stands at 15.89%.