BHR

In the past six months, Al Shams Investments Ltd and Wafic Rida Said, who beneficially own 9.55% of Braemar's common stock, filed an amended Schedule 13D, expressing a lack of confidence in the current Board's oversight and stating their intention to nominate alternative directors at the 2026 Annual Meeting of Stockholders. Braemar reported its first-quarter 2026 financial results, announcing a return to common-stock profitability. In November 2025, Braemar Hotels & Resorts announced the sale of The Clancy. Additionally, Ashford, the company's external advisor, announced the planned retirement of its Chief Financial Officer, Deric Eubanks.