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) announced that Blackwells Capital's attempted withhold proxy campaign at Ashford Hospitality Trust failed, with only 7% of outstanding shares voting on the Blackwells proxy card. Ashford Trust confirmed that seven out of nine nominees received a majority vote, and the remaining two were re-appointed by the Board. Braemar reminds shareholders to disregard any proxy materials from Blackwells for the 2024 Annual Meeting on July 30, 2024, as their nominations do not meet the minimum requirements.
Braemar Hotels & Resorts invests in luxury hotels and resorts as a real estate investment trust (REIT).
Braemar Hotels & Resorts Inc. (NYSE: BHR) announced a plan to enhance shareholder value through strategic initiatives, including the sale of Hilton Torrey Pines for $165 million, repayment of 2024 debt maturities, a preferred share redemption program, and a common share buyback authorization. The sale of Hilton La Jolla Torrey Pines at a 7.2% capitalization rate is expected to be completed by August 2024. The company is also evaluating the sale of two more hotels, aiming to improve capital structure and financial flexibility.
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