Welcome to our dedicated page for Braemar Hotels & Resorts news (Ticker: BHR), a resource for investors and traders seeking the latest updates and insights on Braemar Hotels & Resorts stock.
Braemar Hotels & Resorts Inc (BHR) maintains a curated news hub for investors tracking this luxury hotel-focused REIT. Our repository aggregates official announcements and market analysis related to strategic acquisitions, quarterly earnings, brand partnerships, and leadership developments.
Access verified updates about BHR's portfolio of Marriott- and Hilton-affiliated properties, capital management strategies, and hospitality sector positioning. The collection serves investors seeking to monitor revenue streams from rooms, dining, and premium amenities across key markets like California and Florida.
Content spans operational updates, asset transactions, and industry commentary – all organized for efficient research. Bookmark this page for direct access to BHR's evolving story in luxury hospitality investments without promotional bias.
Braemar Hotels & Resorts (NYSE:BHR) has announced the initiation of a sale process for the company, following a strategic review by its Board of Directors. The company's portfolio includes 14 luxury properties with the highest RevPAR among publicly traded lodging REITs, showing 2.9% YTD RevPAR growth through June 2025.
As part of the sale process, Braemar has negotiated a $480 million Company Sale Fee with its external advisor Ashford Inc., representing a significant discount from the calculated termination fee. The company's portfolio currently consists of 2,885 rooms across prestigious brands including Ritz-Carlton Reserve, Four Seasons, and Park Hyatt, generating $135.8 million in TTM NOI. Additionally, Braemar has entered into a non-binding LOI to sell The Clancy hotel for $115 million.
Braemar Hotels & Resorts (NYSE: BHR), a luxury hotels and resorts REIT, has announced the appointment of Bob Ghassemieh to its Board of Directors. This appointment comes as part of a cooperation agreement with the Ghassemieh Group, which owns approximately 7.3% of BHR's outstanding common stock.
The agreement includes provisions for standstill and voting arrangements, with complete details to be filed in a Form 8-K with the SEC. White & Case LLP is serving as legal counsel to Braemar, while Olshan Frome Wolosky LLP represents the Ghassemieh Group.
Braemar Hotels & Resorts (NYSE:BHR) has successfully refinanced its Four Seasons Resort Scottsdale at Troon North property with a new $180 million non-recourse loan from Aareal Capital Corporation. The new financing replaces the previous $140 million loan and features improved terms, including a reduced interest rate of SOFR + 3.00% compared to the previous SOFR + 3.75%.
The new loan structure includes a three-year initial term with two one-year extension options, subject to certain conditions. This refinancing enhances Braemar's liquidity position while reducing its cost of debt at a higher loan-to-value ratio, reflecting improving credit market conditions for lodging assets.
Braemar Hotels & Resorts (NYSE: BHR) has completed the sale of the 369-room Marriott Seattle Waterfront for $145 million ($393,000 per key). The transaction, based on trailing 12-month performance through May 31, 2025, represents an 8.1% capitalization rate on net operating income, factoring in anticipated capital expenditures of $7 million.
Following the sale, BHR paid down approximately $88.4 million of debt and retained $50.8 million in net proceeds after transfer taxes and transaction costs. The company's CEO Richard J. Stockton confirmed this strategic divestiture enhances their balance sheet and liquidity, with no additional property sales projected for the calendar year.
Braemar Hotels & Resorts (NYSE: BHR), a luxury hotels and resorts REIT, has announced its dividend declarations for Q3 2025. The company declared a quarterly common stock dividend of $0.05 per share, payable on October 15, 2025, which equates to an annual rate of $0.20 per share.
Additionally, BHR declared dividends for several preferred stock series: 5.5% Series B ($0.3438 per share quarterly), 8.25% Series D ($0.5156 per share quarterly), Series E ($0.15625 monthly), and Series M (varying rates from $0.17500 to $0.17917 monthly). All dividends will be distributed to stockholders of record on their respective dates through October 2025.
Braemar Hotels & Resorts (NYSE: BHR) has announced the planned sale of the 369-room Marriott Seattle Waterfront for $145 million ($393,000 per key). The transaction, expected to close in August 2025, represents an 8.1% capitalization rate on trailing 12-month net operating income through May 31, 2025.
The property generated $12.4 million in Net Operating Income and $14.3 million in Hotel EBITDA for the trailing 12 months. The sale price factors in anticipated capital expenditures of $7 million. According to CEO Richard J. Stockton, this strategic divestment of the upper upscale hotel aims to deleverage BHR's portfolio and align its financial performance with the luxury hotel sector.
Greenidge Generation Holdings (Nasdaq: GREE) announced significant changes to its Board of Directors effective April 17, 2025. The company appointed two new independent directors: Kenneth Fearn, a senior executive with over 30 years of experience in investments, finance, and M&A, specializing in real estate, and Christopher Krug, an experienced founder and public markets investor focused on small-cap companies.
The appointments are part of Greenidge's ongoing Board refreshment process. Concurrent with these additions, David Anderson and Daniel Rothaupt will retire from the Board. Timothy Fazio, Managing Partner and Co-Founder of Atlas Holdings , has been elected as Chairman of the Board.
Braemar Hotels & Resorts (NYSE: BHR) has announced its dividend declarations for Q2 2025. The company will pay a quarterly cash dividend of $0.05 per diluted share for common stock, equivalent to an annual rate of $0.20 per share, payable on July 15, 2025, to stockholders of record as of June 30, 2025.
Additional dividend declarations include:
- 5.5% Series B Preferred Stock: $0.3438 per diluted share
- 8.25% Series D Preferred Stock: $0.5156 per diluted share
- Series E Redeemable Preferred Stock: Monthly payments of $0.15625 per share
- Series M Redeemable Preferred Stock: Monthly payments of $0.17708 or $0.17500 per share depending on CUSIP
As of March 31, 2025, there were 13,909,632 shares of Series E and 1,459,040 shares of Series M Redeemable Preferred Stock outstanding.
Braemar Hotels & Resorts (NYSE: BHR) has announced plans to transition the 415-room Sofitel Chicago Magnificent Mile to a franchise structure, effective May 2025. Under this new arrangement, the hotel will maintain its Sofitel branding while being managed by Remington Hospitality under existing terms of its Master Hotel Management Agreement with Braemar.
Current employees will receive offers to maintain their positions under Remington Hospitality's subsidiary. While no mandatory property improvement plan is required for the conversion, Braemar plans to renovate the hotel's lobby, restaurant, and meeting space over the next two years.
According to CEO Richard J. Stockton, the company expects an immediate increase in property value due to the retention of the Sofitel brand and the management agreement with Remington being terminable upon sale.
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