Welcome to our dedicated page for Braemar Hotels & Resorts SEC filings (Ticker: BHR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Braemar Hotels & Resorts Inc. (NYSE: BHR) files a range of documents with the U.S. Securities and Exchange Commission that provide detailed insight into its operations as a lodging-focused real estate investment trust (REIT). This SEC filings page brings together those disclosures, including current reports on Form 8-K, annual reports on Form 10-K, quarterly reports on Form 10-Q, proxy statements, and other materials referenced in the company’s public communications.
For Braemar, Form 8-K filings are particularly important because they document material events affecting the company and its shareholders. Recent 8-Ks describe items such as the completion of the sale of The Clancy hotel in San Francisco, the release of quarterly earnings and related conference call transcripts, changes to the format and logistics of the annual meeting of stockholders, amendments to advisory arrangements with Ashford Inc. and Ashford Hospitality Advisors LLC, and the voting results of the 2025 annual meeting. Other 8-Ks provide information about refinancing transactions, investor presentations, and executive officer changes.
The company’s definitive proxy statement on Schedule 14A, also available through its SEC filings, outlines Braemar’s corporate governance structure, Board composition, executive compensation framework, and the matters submitted to stockholders at the annual meeting. References in Braemar’s press releases to its Form 10-K and Form 10-Q filings indicate that those periodic reports contain additional detail on advisory fee arrangements, portfolio performance metrics, and financial statements.
On Stock Titan, this filings page is designed to help users quickly access Braemar’s regulatory documents and understand their implications. Filings are sourced in real time from the SEC’s EDGAR system. AI-powered summaries can highlight the key points in lengthy documents, such as changes to advisory agreements, descriptions of company sale process terms, or the financial impact of asset sales and refinancings. Users can also review filings related to the company’s capital structure, including the registration of its common stock and preferred stock series on the New York Stock Exchange.
Whether you are looking for Braemar’s most recent 10-K, quarterly 10-Qs, current reports on material events, or proxy materials, this page provides a structured view of the company’s SEC reporting history, with tools to make complex disclosures easier to interpret.
Braemar Hotels & Resorts Inc. has agreed to sell the 193-room Park Hyatt Beaver Creek Resort & Spa in Colorado for $176 million in cash, or $912,000 per room. The buyer has provided a $6.5 million non-refundable deposit, and closing is expected in the second quarter of 2026, subject to customary conditions.
The company plans to use net proceeds to redeem its outstanding 4.50% Convertible Senior Notes due June 2026 and for general corporate purposes. The price reflects a 5.1% capitalization rate on $9.0 million of hotel net operating income for the twelve months ended December 31, 2025, based on unaudited data.
Braemar Hotels & Resorts Inc. files an amendment to its annual report to add detailed 2025 Part III information on directors, executive compensation, ownership and related-party governance. No financial statements are changed.
The filing lists the board and committee structure, noting independent chairs for audit, compensation, nominating and related party committees. As an externally advised REIT, Braemar’s executives are employees of Ashford Inc.; Braemar pays Ashford a $29.2 million 2025 advisory fee, from which executive salaries and bonuses are funded. Braemar itself provides equity-based and deferred cash incentives, including 2026 deferred cash awards such as $5.6 million for CEO Richard Stockton plus a discretionary $3.5 million special award.
The company reports 2025 business objectives—including revenue, Adjusted EBITDAre, asset sales, renovations, liquidity and investor outreach—were all achieved. Tables disclose director and officer pay, stock ownership (management and major holders each around mid‑single‑digit percentages of common shares) and extensive conflict-of-interest and related‑party review policies for dealings with Ashford Inc. and affiliates.
Braemar Hotels & Resorts Inc. declared monthly and partial quarterly cash dividends for its preferred stock series for April 2026. The Series B 5.5% cumulative convertible preferred dividend is $0.1146 per diluted share and the Series D 8.25% cumulative preferred dividend is $0.17187 per diluted share, each representing one-third of the quarterly amount to be paid on July 15, 2026 to holders of record on June 30, 2026. The Series E redeemable preferred dividend is $0.15625 per share, and the Series M redeemable preferred dividends are $0.17917 per share for certain CUSIPs and $0.17708 per share for the remaining CUSIPs, each payable on May 15, 2026 to stockholders of record on April 30, 2026.
Braemar Hotels & Resorts Inc. disclosed that its external Advisor, Ashford Inc. and Ashford Hospitality Advisors LLC, has elected to extend the term of Braemar’s Fifth Amended and Restated Advisory Agreement.
The Advisor exercised its contractual right under Section 12.2 to add a new ten-year term, running from January 24, 2027 through January 24, 2037. All existing terms, conditions, rights, and obligations under the Advisory Agreement will continue during this extended period, although the parties retain a right under Section 6.6 to renegotiate the Base Fee and Incentive Fee amounts. Related letter agreements from August 26, 2025 and December 22, 2025 remain in effect.
Braemar Hotels & Resorts Inc disclosure: The Vanguard Group filed Amendment No. 1 to report that, following an internal realignment, Vanguard and its reporting subsidiaries no longer report beneficial ownership on an aggregated basis. The filing states amount beneficially owned: 0 shares representing 0% of the class as of 03/13/2026.
The amendment cites SEC Release No. 34-39538 (January 12, 1998) and explains certain subsidiaries will report separately after the realignment.
Braemar Hotels & Resorts Inc. reported that independent valuation firm Robert A. Stanger & Co., Inc. issued an opinion on the liquidation value of the company’s non-traded Series E and Series M Redeemable Preferred Stock as of December 31, 2025. Stanger concluded that each series has an estimated liquidation value of $25.00 per share, matching the per-share liquidation preference set out in the applicable articles supplementary.
To reach this conclusion, Stanger reviewed Braemar’s equity value using several approaches, including common stock market capitalization and analyst target prices adjusted for preferred securities, direct capitalization of net operating income, and third-party real estate appraisals. Across these methods, the company’s equity value was found to cover the total liquidation preference of all outstanding preferred securities. Braemar also highlighted that this estimate is unaudited, based on various assumptions, is not a GAAP fair value measure, and could change with future portfolio or market developments.
Braemar Hotels & Resorts Inc. disclosed that its Board declared monthly preferred dividends for March 2026 across all its preferred stock series. The 5.5% Series B Cumulative Convertible Preferred Stock will receive a cash dividend of $0.1146 per diluted share, with three months of dividends totaling $0.3438 to be paid on April 15, 2026 to stockholders of record as of March 30, 2026.
The 8.25% Series D Cumulative Preferred Stock will receive $0.17186 per diluted share, with three months totaling $0.5156, payable on April 15, 2026 to holders of record on March 31, 2026. The Series E Redeemable Preferred Stock will receive $0.15625 per share, and Series M Redeemable Preferred Stock dividends will range from $0.17708 to $0.17917 per share depending on CUSIP, all payable on April 15, 2026 to stockholders of record as of March 31, 2026. As of February 28, 2026, 11,528,242 Series E shares and 1,382,407 Series M shares were issued and outstanding.
Braemar Hotels & Resorts Inc. entered into a Limited Waiver under its Advisory Agreement on March 13, 2026. This waiver lets the company, at its own cost and discretion, grant cash incentive compensation during the first and second fiscal quarters of 2026 to employees and representatives of its external advisor, Ashford Hospitality Advisors and Ashford Inc., without being constrained by certain limits in the existing Advisory Agreement.
The company also adopted two Forms of 2026 Deferred Cash Award, which will govern how specific cash-based incentive awards are structured and paid. These changes focus on compensation arrangements and do not alter the underlying advisory relationship or corporate structure.