Braemar Hotels & Resorts Inc (N:BHR)

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May 15, 2024 07:02 pm ET

Braemar Chairman Monty J. Bennett Defeated at Ashford Hospitality Trust, Inc.’s Annual Meeting in Broad Referendum on his Failed Leadership

On May 14, 2024, Braemar Hotels & Resorts Inc. (“Braemar”) (NYSE: BHR) issued a bizarre press release congratulating Ashford’s “victory” after stockholders voted out Chairman Monty J. Bennett and director Kamal Jafarnia, and both directors were...

May 15, 2024 04:30 pm ET

Braemar Chairman Monty J. Bennett Defeated at Ashford Hospitality Trust, Inc.’s Annual Meeting in Broad Referendum on his Failed Leadership

On May 14, 2024, Braemar Hotels & Resorts Inc. (“Braemar”) (NYSE: BHR) issued a bizarre press congratulating Ashford’s “victory” after stockholders voted out Chairman Monty J. Bennett and director Kamal Jafarnia, and both directors were forced to...

May 14, 2024 08:30 pm ET

BRAEMAR HOTELS & RESORTS UPDATES STOCKHOLDERS THAT 'ACTIVIST' BLACKWELLS CAPITAL'S ATTEMPTED WITHHOLD PROXY CAMPAIGN AT ASHFORD TRUST HAS FAILED

DALLAS, May 14, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that, based on estimated preliminary results, Blackwells Capital LLC's ("Blackwells") withhold proxy campaign at Ashford Hospitality Trust, Inc. ("Ashford Trust") proved to be a failure, as only 7% of Ashford Trust's outstanding shares voted on the Blackwells proxy card. Ashford Trust announced earlier today that seven of its nine nominees received a majority of the votes cast and the remaining two nominees were re-appointed by the Board after the meeting in accord

May 09, 2024 08:37 am ET

Blackwells Exposes the Futility of Braemar’s May 6th Announcement

Blackwells Capital LLC (“Blackwells”), a shareholder of Braemar Hotels & Resorts Inc. (“Braemar” or the “Company”) (NYSE: BHR), today released a presentation entitled “Too Little, Too Late” which may be found at...

May 07, 2024 08:38 am ET

Blackwells Comments on Braemar’s Too Little Too Late Shareholder Value Creation “Plan”

Blackwells Capital LLC (“Blackwells”), a shareholder of Braemar Hotels & Resorts Inc. (“Braemar” or the “Company”) (NYSE: BHR), today commented on the recent disclosure that the Company has announced a shareholder value creation plan and entered...

May 06, 2024 06:07 pm ET

BRAEMAR HOTELS & RESORTS ANNOUNCES SHAREHOLDER VALUE CREATION PLAN

DALLAS, May 6, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company"), reflecting its commitment to creating long-term value for shareholders, today announced notable capital market activities and strategic updates, including:

May 02, 2024 08:31 am ET

Blackwells Releases Letter to Fellow Braemar Hotels & Resorts Inc.’s Shareholders

Blackwells Capital LLC (“Blackwells”), a shareholder of Braemar Hotels & Resorts Inc. (“Braemar” or the “Company”) (NYSE: BHR) in connection with its nomination of four highly qualified candidates—Jennifer M. Hill, Betsy L. McCoy, Steven J. Pully...

Apr 11, 2024 04:25 pm ET

BRAEMAR HOTELS & RESORTS REMINDS SHAREHOLDERS TO DISREGARD BLACKWELLS CAPITAL'S UNLAWFUL PROXY MATERIALS

Recommends Shareholders Protect Their Investment by Discarding Blackwells' Illegal White Proxy Card and Waiting to Vote Until Receiving the Company's Proxy Materials and GOLD Proxy Card

Apr 10, 2024 08:00 am ET

BRAEMAR HOTELS & RESORTS DECLARES DIVIDENDS FOR THE SECOND QUARTER OF 2024

DALLAS, April 10, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.05 per diluted share for the Company's common stock for the second quarter ending June 30, 2024. This dividend, which equates to an annual rate of $0.20 per share, is payable on July 15, 2024, to stockholders of record as of June 28, 2024.

Apr 10, 2024 07:30 am ET

Blackwells Files Definitive Proxy Statement for Braemar Hotels & Resorts Inc.’s 2024 Annual Meeting

Blackwells Capital LLC (“Blackwells”), a shareholder of Braemar Hotels & Resorts Inc. (“Braemar” or the “Company”) (NYSE: BHR) has filed a definitive proxy statement with the Securities and Exchange Commission (the “SEC”) in connection with its...

Mar 26, 2024 02:30 pm ET

BRAEMAR HOTELS & RESORTS SETS FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES

DALLAS, March 26, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2024.

Mar 25, 2024 08:00 am ET

BRAEMAR HOTELS & RESORTS ANNOUNCES REJECTION OF MATERIALLY DEFICIENT DIRECTOR NOMINATION NOTICE FROM BLACKWELLS CAPITAL

Board Unanimously Rejected Recent Director Nomination Notice from Blackwells Due to False Statements and Material Omissions in Violation of SEC Rules and the Company's Bylaws

Feb 07, 2024 07:00 am ET

BRAEMAR HOTELS & RESORTS PROVIDES UPDATE ON 2024 DEBT MATURITIES

DALLAS, Feb. 7, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has refinanced or extended almost all of its 2024 debt maturities. A total of approximately $300 million in debt, out of a total of approximately $330 million maturing in 2024, has been extended or refinanced as follows:

Jan 25, 2024 03:30 pm ET

BRAEMAR HOTELS & RESORTS ANNOUNCES TAX REPORTING INFORMATION FOR 2023 COMMON AND PREFERRED SHARE DISTRIBUTIONS

DALLAS, Jan. 25, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced the tax reporting (Federal Form 1099-DIV) information for the 2023 distributions on its common shares and its Series B, D, E and M preferred shares.

Jan 08, 2024 03:20 pm ET

BRAEMAR HOTELS & RESORTS DECLARES DIVIDENDS FOR THE FIRST QUARTER OF 2024

DALLAS, Jan. 8, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.05 per diluted share for the Company's common stock for the first quarter ending March 31, 2024. This dividend, which equates to an annual rate of $0.20 per share, is payable on April 15, 2024, to stockholders of record as of March 28, 2024.

Dec 27, 2023 02:00 pm ET

BRAEMAR HOTELS & RESORTS SETS FOURTH QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES

DALLAS, Dec. 27, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2023.

Nov 02, 2023 04:20 pm ET

BRAEMAR HOTELS & RESORTS ANNOUNCES UPDATES ON PROPERTY LEVEL MORTGAGES

DALLAS, Nov. 2, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced the Company has finalized extensions for two existing mortgage loans secured by the 170-room Ritz-Carlton Lake Tahoe in Truckee, California and the 210-room Four Seasons Resort Scottsdale at Troon North in North Scottsdale, Arizona.

Oct 16, 2023 06:50 pm ET

BRAEMAR HOTELS & RESORTS ANNOUNCES DATE CHANGE FOR THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL

DALLAS, Oct. 16, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it is moving its third quarter 2023 earnings release and earnings conference call to one day earlier.

Oct 10, 2023 04:20 pm ET

BRAEMAR HOTELS & RESORTS DECLARES DIVIDENDS FOR THE FOURTH QUARTER OF 2023

DALLAS, Oct. 10, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.05 per diluted share for the Company's common stock for the fourth quarter ending December 31, 2023. This dividend, which equates to an annual rate of $0.20 per share, is payable on January 16, 2024, to stockholders of record as of December 29, 2023.

Oct 09, 2023 08:00 am ET

BRAEMAR HOTELS & RESORTS ANNOUNCES DATE AND TIME CHANGE FOR THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL

DALLAS , Oct. 8, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that the Company has changed the scheduled date and start time of its third quarter 2023 earnings conference call. The call was previously scheduled for Thursday, November 2, 2023, at 12:00 p.m. ET.

Sep 19, 2023 12:30 pm ET

BRAEMAR HOTELS & RESORTS SETS THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES

DALLAS, Sept. 19, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2023.

Sep 19, 2023 09:00 am ET

Sidoti Events, LLC’s Virtual September Small-Cap Conference

NEW YORK, NY / ACCESSWIRE / September 19, 2023 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day September Small-Cap Conference taking place Wednesday and Thursday, September 20-21, 2023. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.

Aug 01, 2023 10:15 pm ET

BRAEMAR HOTELS & RESORTS REPORTS SECOND QUARTER 2023 RESULTS

DALLAS, Aug. 1, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today reported financial results and performance measures for the second quarter ended June 30, 2023. The comparable performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA assume each of the hotel properties in the Company's hotel portfolio as of June 30, 2023, was owned as of the beginning of each of the periods presented. Unless otherwise stated, all reported results compare the second quarter ended June 30, 2023 wi

Aug 01, 2023 08:15 pm ET

BRAEMAR HOTELS & RESORTS UNVEILS THE CAMEO BEVERLY HILLS, A REBRANDING OF THE MR. C BEVERLY HILLS, JOINING THE HILTON FAMILY OF BRANDS

DALLAS, Aug. 1, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced the rebranding and planned conversion of its Mr. C Beverly Hills ("Mr. C") in Los Angeles, California to the Cameo Beverly Hills. Beginning August 4, 2023, Cameo Beverly Hills will be available for booking on Hilton's website at hilton.com and join Hilton Honors, Hilton's award-winning guest loyalty program. Following an extensive renovation, which is expected to be completed by the end of 2025, the hotel will join LXR Hotels & Resorts ("LXR"). One of Hilton's i

Aug 01, 2023 08:00 am ET

BRAEMAR HOTELS & RESORTS ANNOUNCES NEW $200 MILLION CORPORATE FINANCING

DALLAS, Aug. 1, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has entered into a new $200 million corporate financing. The financing has an initial three-year term and includes a senior secured term loan facility in an initial principal amount of $150 million and a senior secured revolving credit facility in an initial principal amount of $50 million. The financing includes the opportunity to expand the borrowing capacity up to an aggregate size of $400 million, and there is a one-year extension option subject to the s

Jul 11, 2023 08:00 am ET

BRAEMAR HOTELS & RESORTS DECLARES DIVIDENDS FOR THE THIRD QUARTER OF 2023

DALLAS, July 11, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.05 per diluted share for the Company's common stock for the third quarter ending September 30, 2023. This dividend, which equates to an annual rate of $0.20 per share, is payable on October 16, 2023, to stockholders of record as of September 29, 2023.

Jun 19, 2023 12:30 pm ET

BRAEMAR HOTELS & RESORTS SETS SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES

DALLAS, June 19, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the second quarter ended June 30, 2023.

Jun 13, 2023 04:45 pm ET

BRAEMAR HOTELS & RESORTS ANNOUNCES EXTENSION OF MORTGAGE LOAN FOR 4-HOTEL PORTFOLIO

DALLAS, June 13, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced that it has finalized an extension of its $435 million mortgage loan secured by four properties: The Notary Hotel, The Clancy, Sofitel Chicago Magnificent Mile, and Marriott Seattle Waterfront. The loan is being extended beyond its original initial maturity in June 2023 for an additional twelve months. In conjunction with the extension, the Company paid down $142 million of the loan utilizing corporate cash on hand, which reduced the balance to approximately $293 million

Jun 13, 2023 08:00 am ET

Sidoti Events, LLC's Virtual June Small-Cap Conference

NEW YORK, NY / ACCESSWIRE / June 13, 2023 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day June Small-Cap Conference taking place Wednesday and Thursday, June 14-15, 2023. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.

Jun 02, 2023 03:15 pm ET

BRAEMAR HOTELS & RESORTS TO PRESENT AT NAREIT'S REITWEEK 2023 INVESTOR CONFERENCE

DALLAS, June 2, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that Richard Stockton, Braemar's President and Chief Executive Officer, is scheduled to present to the investment community at Nareit's REITweek 2023 Investor Conference, on Tuesday, June 6, 2023, at 11:45 a.m. Eastern Time.

Apr 18, 2023 05:40 pm ET

BRAEMAR HOTELS & RESORTS ANNOUNCES AN EXTENSION ON ITS MORTGAGE LOAN FOR THE HOTEL YOUNTVILLE

DALLAS, April 18, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced that it has finalized an extension of its $51.0 million mortgage loan for the 80-room Hotel Yountville. The loan is being extended beyond its original maturity in May 2023 for an additional 6 months with one additional 6-month extension available. As extended, the loan will have a rate of SOFR + 2.55% that will reset to SOFR + 3.50% on July 1, 2023. In conjunction with this extension, the Company has purchased a SOFR interest rate cap at a strike of 5.25% with an expira

Apr 10, 2023 08:00 am ET

BRAEMAR HOTELS & RESORTS ANNOUNCES AN EXTENSION ON ITS MORTGAGE LOAN FOR THE RITZ-CARLTON SARASOTA

DALLAS, April 10, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced that it has finalized an extension of its $98.0 million mortgage loan for the 276-room The Ritz-Carlton Sarasota. The loan is being extended beyond its original maturity in April 2023 for an additional 6 months with one additional 6-month extension available. As extended, The Ritz-Carlton Sarasota loan will have a rate of SOFR + 2.65% that will reset to SOFR + 3.50% on June 1, 2023. In conjunction with this extension, the Company has purchased a SOFR interest rate cap a

Apr 05, 2023 04:20 pm ET

BRAEMAR HOTELS & RESORTS DECLARES DIVIDENDS FOR THE SECOND QUARTER OF 2023

DALLAS, April 5, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.05 per diluted share for the Company's common stock for the second quarter ending June 30, 2023. The dividend, which equates to an annual rate of $0.20 per share, is payable on July 17, 2023, to stockholders of record as of June 30, 2023.

Mar 24, 2023 04:15 pm ET

BRAEMAR HOTELS & RESORTS SETS FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES

DALLAS, March 24, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2023.

Mar 20, 2023 02:00 pm ET

Sidoti's Small-Cap Virtual March Conference

NEW YORK, NY / ACCESSWIRE / March 20, 2023 / Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day March Small-Cap Conference taking place Wednesday and Thursday, March 22-23, 2023. The links can also be found at www.sidoticonference.com/events.

Mar 14, 2023 07:15 pm ET

BRAEMAR HOTELS & RESORTS ISSUES STATEMENT REGARDING CASH HOLDINGS

DALLAS, March 14, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") issued the following statement today: In light of recent events in the banking industry, the Company thought it would be helpful to provide some clarity on its current cash holdings. Currently, approximately 60% of the Company's cash is held in short-term U.S. Treasury Securities with maturity dates of less than 90 days. Approximately 18% is held at commercial banks in Insured Cash Sweep ("ICS") accounts, which are fully insured by the FDIC. Approximately 16% relates to proper

Feb 14, 2023 09:30 am ET

Sidoti & Company, LLC Announces Registration Now Open for March Small-Cap and May Micro-Cap Conferences

NEW YORK, NY / ACCESSWIRE / February 14, 2023 / Sidoti & Company, LLC announces that its two spring conferences are now open for registration. The March Virtual Small-Cap Conference will take place on Wednesday and Thursday, March 22-23, 2023, and the May Virtual Micro-Cap Conference will be on Wednesday and Thursday, May 10-11, 2023.Sidoti hosts eight virtual investor conferences a year, alternating between small- and micro-cap targeted companies. Companies can host both group pr

Jan 26, 2023 04:30 pm ET

BRAEMAR HOTELS & RESORTS ANNOUNCES TAX REPORTING INFORMATION FOR 2022 COMMON AND PREFERRED SHARE DISTRIBUTIONS

DALLAS, Jan. 26, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced the tax reporting (Federal Form 1099-DIV) information for the 2022 distributions on its common shares and its Series B, D, E and M preferred shares.

Jan 11, 2023 03:35 pm ET

BRAEMAR HOTELS & RESORTS DECLARES DIVIDENDS FOR THE FIRST QUARTER OF 2023

DALLAS, Jan. 11, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.05 per diluted share for the Company's common stock for the first quarter ending March 31, 2023. The dividend, which equates to an annual rate of $0.20 per share, is payable on April 17, 2023, to shareholders of record as of March 31, 2023.

Jan 06, 2023 07:00 am ET

BRAEMAR HOTELS & RESORTS ANNOUNCES PRELIMINARY REVPAR RESULTS FOR FOURTH QUARTER 2022

DALLAS, Jan. 6, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") reported today that the Company expects to report occupancy of approximately 64% for the fourth quarter of 2022 with an average daily rate of approximately $469 resulting in RevPAR of approximately $301. This RevPAR reflects an approximate increase of 8% compared to the fourth quarter of 2021 and an approximate increase of 20% compared to the fourth quarter of 2019.

Jan 05, 2023 03:15 pm ET

BRAEMAR HOTELS & RESORTS SETS FOURTH QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES

DALLAS, Jan. 5, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2022.

Dec 29, 2022 03:20 pm ET

BRAEMAR HOTELS & RESORTS ANNOUNCES CLOSING OF MORTGAGE LOAN ON THE FOUR SEASONS RESORT SCOTTSDALE AT TROON NORTH AND PLAN TO PAY OFF MORE EXPENSIVE LOAN

DALLAS, Dec. 29, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has successfully closed on a mortgage loan for the 210-room Four Seasons Resort Scottsdale at Troon North in Scottsdale, Arizona.

Dec 21, 2022 03:30 pm ET

BRAEMAR HOTELS & RESORTS PROVIDES Q4 2022 UPDATE

DALLAS, Dec. 21, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) (the "Company" or "Braemar"), announced today its preliminary expectations for net income and Adjusted EBITDAre for the fourth quarter ending December 31, 2022.

Dec 08, 2022 03:25 pm ET

BRAEMAR HOTELS & RESORTS ANNOUNCES INCREASE IN COMMON DIVIDEND AND NEW STOCK REPURCHASE AUTHORIZATION

Quarterly Common Stock Dividend Increased to $0.05 Per Share

Dec 05, 2022 03:15 pm ET

BRAEMAR HOTELS & RESORTS PROVIDES UPDATE ON RECENT OPERATING PERFORMANCE

DALLAS, Dec. 5, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") reported today preliminary portfolio occupancy of approximately 64% for the month of November 2022 with an average daily rate ("ADR") of approximately $394 resulting in RevPAR of approximately $253. This RevPAR reflects an approximate increase of 5% versus November 2021 and an approximate increase of 15% compared to November 2019.

Dec 01, 2022 04:15 pm ET

BRAEMAR HOTELS & RESORTS COMPLETES ACQUISITION OF FOUR SEASONS RESORT SCOTTSDALE AT TROON NORTH

DALLAS, Dec. 1, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has completed the acquisition of the luxury 210-room Four Seasons Resort Scottsdale at Troon North in North Scottsdale, previously announced on November 1, 2022. The total consideration for the acquisition was $267.8 million. The acquisition was funded with cash on hand and no common equity was issued to fund the acquisition. As previously announced, of the total consideration, $250 million ($1.2 million per key) is allocated to the existing resort and repre

Nov 01, 2022 08:00 am ET

BRAEMAR HOTELS & RESORTS ANNOUNCES AGREEMENT TO ACQUIRE FOUR SEASONS RESORT SCOTTSDALE AT TROON NORTH

Acquisition Highlights:

Oct 26, 2022 08:00 am ET

BRAEMAR HOTELS & RESORTS ANNOUNCES PRELIMINARY THIRD QUARTER 2022 RESULTS

DALLAS, Oct. 26, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) (the "Company" or "Braemar"), announced today its preliminary expectations for net loss attributable to common stockholders, Adjusted EBITDAre, and Adjusted FFO for the third quarter ended September 30, 2022.

Oct 11, 2022 04:25 pm ET

BRAEMAR HOTELS & RESORTS ANNOUNCES PRELIMINARY REVPAR RESULTS FOR THIRD QUARTER 2022

DALLAS, Oct. 11, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") reported today that the Company expects to report occupancy of approximately 71% for the third quarter of 2022 with an average daily rate of approximately $403 resulting in RevPAR of approximately $288. This RevPAR reflects an approximate increase of 19% compared to the third quarter of 2021 and an approximate increase of 19% compared to the third quarter of 2019.

Oct 07, 2022 08:00 am ET

BRAEMAR HOTELS & RESORTS DECLARES PREFERRED DIVIDENDS FOR FOURTH QUARTER OF 2022

DALLAS, Oct. 7, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors (the "Board") declared a quarterly cash dividend for the fourth quarter ending December 31, 2022, of $0.3438 per diluted share, for the Company's 5.5% Series B Cumulative Convertible Preferred Stock. This dividend is payable on January 17, 2023, to stockholders of record as of December 30, 2022.

Sep 08, 2022 08:00 am ET

BRAEMAR HOTELS & RESORTS DECLARES DIVIDEND FOR THE THIRD QUARTER OF 2022

DALLAS, Sept. 8, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that its Board of Directors declared a quarterly cash dividend of $0.01 per diluted share for the Company's common stock for the third quarter ending September 30, 2022. The dividend, which equates to an annual rate of $0.04 per share, is payable on October 17, 2022, to stockholders of record as of September 30, 2022.

Sep 01, 2022 04:25 pm ET

BRAEMAR HOTELS & RESORTS SETS THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES

DALLAS, Sept. 1, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2022.

Jun 22, 2022 04:15 pm ET

BRAEMAR HOTELS & RESORTS SETS SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES

DALLAS, June 22, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the second quarter ended June 30, 2022.

Jun 06, 2022 08:00 am ET

BRAEMAR HOTELS & RESORTS TO PRESENT AT NAREIT'S REITWEEK 2022 INVESTOR CONFERENCE

DALLAS, June 6, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that Richard Stockton, Braemar's President and Chief Executive Officer, is scheduled to present to the investment community at Nareit's REITweek 2022 Investor Conference, on Tuesday, June 7, 2022, at 3:00 p.m. Eastern Time.

Jun 01, 2022 04:30 pm ET

BRAEMAR HOTELS & RESORTS DECLARES DIVIDEND FOR THE SECOND QUARTER OF 2022

DALLAS, June 1, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that its Board of Directors declared a quarterly cash dividend of $0.01 per diluted share for the Company's common stock for the second quarter ending June 30, 2022. The dividend, which equates to an annual rate of $0.04 per share, is payable on July 15, 2022, to stockholders of record as of June 30, 2022.

May 16, 2022 08:00 am ET

ASHFORD SECURITIES SURPASSES $100 MILLION CAPITAL RAISE MILESTONE FOR ITS FIRST INVESTMENT PRODUCT

DALLAS, May 16, 2022 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC) ("Ashford"), and managing broker-dealer for Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar"), today announced it has raised more than $100 million (stated value) for Braemar through the Series E and Series M Redeemable Preferred Stock Offering. Shares were distributed through a syndicate of 44 broker-dealers, institutions, and RIA firms. Braemar may sell up to $500 million total of Series E and Series M Preferred Stock.

Apr 25, 2022 05:25 pm ET

BRAEMAR HOTELS & RESORTS ANNOUNCES PRELIMINARY FIRST QUARTER 2022 RESULTS

DALLAS, April 25, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) (the "Company" or "Braemar"), announced today its preliminary expectations for net income attributable to common stockholders, Adjusted EBITDAre, and Adjusted FFO for the first quarter ended March 31, 2022.

Apr 19, 2022 08:00 am ET

ASHFORD ANNOUNCES PLANNED DEPARTURE OF EXECUTIVE

DALLAS, April 19, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that Jeremy Welter, its President and Chief Operating Officer, will be leaving the Company effective July 15, 2022. Mr. Welter's position as Chief Operating Officer of Ashford Hospitality Trust (NYSE: AHT) and Braemar Hotels & Resorts (NYSE: BHR) will also end effective July 15, 2022.

Apr 07, 2022 08:00 am ET

BRAEMAR HOTELS & RESORTS DECLARES PREFERRED DIVIDENDS FOR SECOND QUARTER OF 2022

DALLAS, April 7, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors (the "Board") declared a quarterly cash dividend for the second quarter ending June 30, 2022, of $0.3438 per diluted share, for the Company's 5.5% Series B Cumulative Convertible Preferred Stock. This dividend is payable on July 15, 2022, to stockholders of record as of June 30, 2022.

Apr 06, 2022 04:20 pm ET

BRAEMAR HOTELS & RESORTS ANNOUNCES PRELIMINARY REVPAR RESULTS FOR FIRST QUARTER 2022

DALLAS, April 6, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") reported today that the Company expects to report occupancy of approximately 55% for the first quarter of 2022 with an average daily rate ("ADR") of approximately $597 resulting in RevPAR of approximately $328. This RevPAR reflects an approximate increase of 69% compared to the first quarter of 2021 and an approximate increase of 20% compared to the first quarter of 2019. The preliminary operating information discussed above assumes the 15 hotel properties owned and included in th

Mar 28, 2022 04:15 pm ET

BRAEMAR HOTELS & RESORTS SETS FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES

DALLAS, March 28, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2022.

Mar 25, 2022 03:42 pm ET

Curtis McWilliams Elected as Chairman of Kalera

Kalera AS (“Kalera” or the “Company”) (Euronext Growth Oslo: KAL, Bloomberg: KSLLF), one of the preeminent leafy green vertical farming companies and a leader in plant science for producing high-quality produce in controlled environments, today...

Mar 22, 2022 09:50 am ET

Sidoti March Virtual Small Cap Investor Conference

NEW YORK, NY / ACCESSWIRE / March 22, 2022 / Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day March Small Cap Virtual Conference taking place Wednesday and Thursday, March 23rd-24th, 2022. The links can also be found at www.sidoticonference.com/events.

Mar 14, 2022 08:00 am ET

BRAEMAR HOTELS & RESORTS COMPLETES ACQUISITION OF DORADO BEACH, A RITZ-CARLTON RESERVE

DALLAS, March 14, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has completed the acquisition of the 96-room Dorado Beach, a Ritz-Carlton Reserve in Dorado, Puerto Rico (the "Dorado Beach" or the "Property"), previously announced on December 27, 2021. In addition, the Company acquired the income stream attributable to fourteen luxury residential units adjacent to the Property that participate in a rental management program. The total consideration for the acquisition was approximately $193 million ($1.8 million per k

Mar 07, 2022 03:20 pm ET

BRAEMAR HOTELS & RESORTS ANNOUNCES THE REINSTATEMENT OF QUARTERLY COMMON STOCK DIVIDENDS, DECLARES FIRST QUARTER DIVIDEND AND ISSUES GUIDANCE FOR 2022 DIVIDENDS

DALLAS, March 7, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced the reinstatement of its quarterly common stock dividend. The Board of Directors declared a quarterly cash dividend of $0.01 per diluted share for the Company's common stock for the first quarter ending March 31, 2022. The dividend, which equates to an annual rate of $0.04 per share, is payable on April 15, 2022, to shareholders of record as of March 31, 2022.

Feb 03, 2022 07:00 am ET

BRAEMAR HOTELS & RESORTS ANNOUNCES THE REFINANCING OF THE PARK HYATT BEAVER CREEK RESORT & SPA

DALLAS, Feb. 3, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has successfully refinanced its mortgage loan for the 190-room Park Hyatt Beaver Creek Resort & Spa in Beaver Creek, Colorado which had a final maturity date in April 2022. The financing addressed the Company's only final debt maturity in 2022.

Feb 01, 2022 07:00 am ET

BRAEMAR HOTELS & RESORTS ANNOUNCES PRELIMINARY FOURTH QUARTER AND YEAR END 2021 RESULTS

DALLAS, Feb. 1, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) (the "Company" or "Braemar") announced today its preliminary expectations for net loss attributable to common stockholders, Adjusted EBITDAre, and Adjusted FFO for the fourth quarter and year ended December 31, 2021.

Jan 26, 2022 03:30 pm ET

ASHFORD SECURITIES GROWTH DRIVEN BY STRONG RETAIL AND INSTITUTIONAL DEMAND

DALLAS, Jan. 26, 2022 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC) ("Ashford"), today announced an update on sales for its product, the Series E Redeemable Preferred Stock (brokerage shares) and Series M Redeemable Preferred Stock (advisory shares) of Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar"). For the month of January, sales were $17.4 million (as of January 21, 2022). The strong month-to-date January performance was primarily driven by sales to several institutional investors totaling approx

Jan 18, 2022 07:30 am ET

Sidoti Winter Virtual Small Cap Investor Conference

NEW YORK, NY / ACCESSWIRE / January 18, 2022 / Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day January Small Cap Virtual Conference taking place Wednesday and Thursday, December 19th-20th, 2022. The links can also be found at www.sidoticonference.com/events.

Jan 18, 2022 07:00 am ET

ASHFORD ANNOUNCES TERMINATION OF SEC INVESTIGATION

DALLAS, Jan. 18, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that it has received a letter from the Securities and Exchange Commission ("SEC") stating that the SEC's investigation is concluded, and that the SEC enforcement staff does not intend to recommend any action by the SEC against Ashford. Braemar Hotels & Resorts Inc. (NYSE: BHR) and Ashford Hospitality Trust, Inc. (NYSE: AHT) also each received a letter stating that the SEC's investigation is concluded, and that the SEC enforcement staff does not intend to recommend any act

Jan 18, 2022 07:00 am ET

ASHFORD HOSPITALITY TRUST ANNOUNCES TERMINATION OF SEC INVESTIGATION

DALLAS, Jan. 18, 2022 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has received a letter from the Securities and Exchange Commission ("SEC") stating that the SEC's investigation is concluded, and that the SEC enforcement staff does not intend to recommend any action by the SEC against Ashford Trust. Braemar Hotels & Resorts Inc. (NYSE: BHR) and Ashford Inc. (NYSE American: AINC) also each received a letter stating that the SEC's investigation is concluded, and that the SEC enforcement staff does not intend to recom

Jan 18, 2022 07:00 am ET

BRAEMAR HOTELS & RESORTS ANNOUNCES TERMINATION OF SEC INVESTIGATION

DALLAS, Jan. 18, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has received a letter from the Securities and Exchange Commission ("SEC") stating that the SEC's investigation is concluded, and that the SEC enforcement staff does not intend to recommend any action by the SEC against Braemar. Ashford Hospitality Trust, Inc. (NYSE: AHT) and Ashford Inc. (NYSE American: AINC) also each received a letter stating that the SEC's investigation is concluded, and that the SEC enforcement staff does not intend to recommend a

Jan 10, 2022 03:30 pm ET

BRAEMAR HOTELS & RESORTS DECLARES PREFERRED DIVIDENDS FOR FIRST QUARTER OF 2022

DALLAS, Jan. 10, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend for the first quarter ending March 31, 2022, of $0.3438 per diluted share, for the Company's 5.5% Series B Cumulative Convertible Preferred Stock. This dividend is payable on April 15, 2022, to stockholders of record as of March 31, 2022.

Jan 06, 2022 03:30 pm ET

BRAEMAR HOTELS & RESORTS ANNOUNCES PRELIMINARY REVPAR RESULTS FOR FOURTH QUARTER 2021

DALLAS, Jan. 6, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") reported today preliminary portfolio occupancy of 60% for the month of December 2021 with an average daily rate ("ADR") of approximately $494 resulting in RevPAR of approximately $296. This RevPAR reflects an approximate increase of 189% versus December 2020 and an increase of approximately 29% versus December 2019. The Company expects to report occupancy of 61% for the fourth quarter of 2021 with an ADR of approximately $393 resulting in RevPAR of approximately $240. This RevPAR

Jan 03, 2022 04:40 pm ET

BRAEMAR HOTELS & RESORTS SETS FOURTH QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES

DALLAS, Jan. 3, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2021.

Dec 27, 2021 07:00 am ET

BRAEMAR HOTELS & RESORTS ANNOUNCES AGREEMENT TO ACQUIRE DORADO BEACH, A RITZ-CARLTON RESERVE

DALLAS, Dec. 27, 2021 /PRNewswire/ --

Dec 17, 2021 07:00 am ET

BRAEMAR HOTELS & RESORTS PROVIDES UPDATE ON RECENT OPERATING PERFORMANCE

DALLAS, Dec. 17, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") reported today preliminary portfolio occupancy of 60.8% for the month of November with an average daily rate ("ADR") of approximately $349 resulting in RevPAR of approximately $212. This RevPAR result represents an approximate increase of 151% versus November 2020 and an approximate increase of 3.8% versus November 2019.

Nov 17, 2021 03:25 pm ET

Braemar Hotels & Resorts Provides Update On Recent Operating Performance

DALLAS, Nov. 17, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") reported today preliminary portfolio occupancy of 62.5% for the month of October with an average daily rate ("ADR") of approximately $337 resulting in RevPAR of approximately $211. This RevPAR result represents an approximate increase of 12% versus September 2021 and an approximate decrease of 13% versus October 2019.

Nov 15, 2021 07:00 am ET

Ashford Securities Announces Recent Sales For Its First Investment Product

DALLAS, Nov. 15, 2021 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC) ("Ashford"), continues to receive strong interest from the investment community for its recently launched product, shares of Series E Redeemable Preferred Stock (brokerage shares) and Series M Redeemable Preferred Stock (advisory shares) of Braemar Hotels & Resorts, Inc. (NYSE: BHR) ("Braemar"), and today announced sales of shares of $21.3 million for the month of November (as of November 12, 2021). The strong month-to-date November perf

Nov 05, 2021 12:00 pm ET

Sidoti Microcap Virtual Conference

A Conference Open to All Classes of Investors70+ Companies Presenting and Meeting Interested Investors 1x1Wednesday and Thursday, December 8-9, 2021

Oct 12, 2021 04:30 pm ET

Braemar Hotels & Resorts To Ring Opening Bell At NYSE

DALLAS, Oct. 12, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that the Company's management team will ring the New York Stock Exchange's Opening Bell on Wednesday, October 13, 2021, in conjunction with its 2021 Investor & Analyst Day.

Oct 05, 2021 01:30 pm ET

Braemar Hotels & Resorts To Host Investor & Analyst Day

DALLAS, Oct. 5, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it will host an Investor & Analyst Day in New York City on Tuesday, October 12, 2021, at the Park Lane Hotel.

Oct 05, 2021 08:00 am ET

Braemar Hotels & Resorts Announces Preliminary RevPAR Results For Third Quarter 2021

DALLAS, Oct. 5, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") reported today preliminary portfolio occupancy of 56.4% for the month of September with an average daily rate ("ADR") of approximately $333 resulting in RevPAR of approximately $188. This RevPAR reflects an approximate increase of 166.7% versus September 2020 and a decline of approximately 20.8% versus September 2019. The Company expects to report occupancy of 61.7% for the third quarter of 2021 with an ADR of approximately $357 resulting in RevPAR of approximately $220. This RevP

Oct 04, 2021 08:00 am ET

Braemar Hotels & Resorts Declares Preferred Dividends For Fourth Quarter Of 2021

DALLAS, Oct. 4, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend for the fourth quarter ending December 31, 2021, of $0.3438 per diluted share, for the Company's 5.5% Series B Cumulative Convertible Preferred Stock. This dividend is payable on January 18, 2022, to shareholders of record as of December 31, 2021.

Sep 27, 2021 05:25 pm ET

Braemar Hotels & Resorts Announces Maturity Extensions For The Mortgage Loans On Its Napa Valley Hotels

DALLAS, Sept. 27, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it has finalized an extension of its mortgage loans for the Bardessono Resort & Spa with a final maturity in August 2022, and the Hotel Yountville with a final maturity in May 2022. Both hotels are located in Yountville, California. Each of the loans is being extended for one year beyond their initial maturity on the same terms as the original loan.

Sep 23, 2021 04:15 pm ET

Braemar Hotels & Resorts Sets Third Quarter Earnings Release And Conference Call Dates

DALLAS, Sept. 23, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2021.

Sep 21, 2021 07:35 am ET

Sidoti Fall Virtual Small Cap Investor Conference

Presentation Times and Weblinks Released for Over 130 Presenting Companies

Sep 15, 2021 04:15 pm ET

Braemar Hotels & Resorts Provides Update On Recent Operating Performance

DALLAS, Sept. 15, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") reported today preliminary portfolio occupancy of 59.2% for the month of August with an average daily rate ("ADR") of approximately $345.88 resulting in RevPAR of approximately $204.69. This RevPAR result represents an approximate increase of 149% versus August 2020 and an approximate decrease of 12% versus August 2019.

Aug 10, 2021 04:15 pm ET

Braemar Hotels & Resorts Provides Update On Recent Operating Performance

DALLAS, Aug. 10, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") reported today preliminary portfolio occupancy of 69.6% for the month of July with an average daily rate ("ADR") of approximately $387 resulting in RevPAR of approximately $269. This RevPAR result represents an approximate increase of 197% versus July 2020 and an approximate increase of 14% versus July 2019.

Aug 05, 2021 06:00 pm ET

Braemar Hotels & Resorts Completes Acquisition Of The Mr. C Beverly Hills Hotel

DALLAS, Aug. 5, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has completed the acquisition of the 138-room Mr. C Beverly Hills Hotel in Los Angeles, California (the "Mr. C" or the "Property"), previously announced on June 1, 2021. In addition, the Company acquired five luxury condominium residences adjacent to the hotel. The total consideration for the acquisition was $77.9 million and consisted of $65.4 million for the hotel ($474,000 per key) and an allocated price of $12.5 million for the five adjacent condominiu

Jul 30, 2021 08:00 am ET

Ashford Securities Raises Over $2.1 Million For Its First Investment Product During July 2021

DALLAS, July 30, 2021 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC), announced today that it has received strong interest from the investment community for its recently launched product, Braemar Hotels and Resorts Redeemable Non-traded Series E (brokerage shares) and Series M (advisory shares) Preferred Stock. Launched on July 9, 2021, Ashford Securities has already raised more than $2.1 million in total capital, including over $1.6 million from 10 syndicate member firms at the first retail close and an addition

Jul 22, 2021 07:05 pm ET

Braemar Hotels & Resorts Announces Preliminary Second Quarter 2021 Results

DALLAS, July 22, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) (the "Company" or "Braemar"), announced today its preliminary expectations for net loss attributable to common stockholders, Adjusted EBITDAre, and Adjusted FFO for the second quarter ended June 30, 2021.

Jul 14, 2021 08:00 am ET

Braemar Hotels & Resorts Declares Preferred Dividends For Third Quarter Of 2021

DALLAS, July 14, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors authorized, and the Company declared, regular cash dividends on the Company's outstanding shares of preferred stock for the third quarter ending September 30, 2021, as follows:

Jul 06, 2021 08:00 am ET

Braemar Hotels & Resorts Announces Preliminary RevPAR Results For Second Quarter 2021

DALLAS, July 6, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") reported today preliminary RevPAR of approximately $211.43 for June 2021, representing an approximate increase of 366% versus June 2020 and a decline of 15% versus June 2019. This compares to RevPAR of $172.03 for May 2021, representing an approximate increase of 1,748% versus May 2020 and a decline of 25% versus May 2019, and RevPAR of $177.17 for April 2021, representing an approximate increase of 5,264% versus April 2020 and a decline of 20% versus April 2019. The Company expe

Jun 30, 2021 08:00 am ET

Ashford Announces Retirement Of Robert Haiman And Appointment Of Alex Rose As General Counsel

DALLAS, June 30, 2021 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that Robert Haiman, Executive Vice President, General Counsel and Secretary, will retire on June 30 after a career spanning nearly 17 years at Ashford and Remington. The Company has appointed Mr. Alex Rose as Executive Vice President, General Counsel and Secretary as his successor effective July 1, 2021. To ensure a seamless transition, Mr. Haiman will provide support to the Company on a consulting basis for 3 years. Mr. Rose will also serve as General Counsel for Ashford

Jun 28, 2021 08:00 am ET

Braemar Hotels & Resorts Set To Join The Russell 2000®, Russell 3000® And Russell Microcap® Indexes

DALLAS, June 28, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) (the "Company" or "Braemar"), announced today that the Company will be added to the U.S. small-cap Russell 2000® Index, the U.S. broad-market Russell 3000® Index, and the Russell Microcap® Index, as part of the Russell Indexes annual reconstitution. The additions will be effective after the U.S. market opens on June 28, 2021.

Jun 28, 2021 08:00 am ET

Kalera – Curtis McWilliams proposed as new member of the Board of Directors

Kalera (Euronext Growth Oslo ticker KAL, Bloomberg: KSLLF), one of the fastest-growing and largest vertical farming companies in the world and a leader in plant science for producing high-quality produce in controlled environments, today announced...

Jun 22, 2021 04:45 pm ET

Sidoti Summer Virtual Small-Cap Conference

Presentation Times and Weblinks Released for Approximately 70 Presenting Companies

Jun 10, 2021 08:00 am ET

Braemar Hotels & Resorts Declares Preferred Dividends for Second Quarter of 2021

DALLAS, June 10, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.3438 per diluted share for the Company's 5.5% Series B Cumulative Convertible Preferred Stock for the second quarter ending June 30, 2021. The dividend, which equates to an annual rate of $1.375 per share, is payable on July 15, 2021, to shareholders of record as of June 30, 2021.

Mar 23, 2021 07:30 pm ET

Sidoti Virtual Investor Conference

Presentation Times and Weblinks Released for Over 125 Presenting Companies

Jan 13, 2021 07:00 am ET

Sidoti Virtual Investor Conference

Presentation Times and Weblinks Released for Over 60 Presenting Companies

Dec 10, 2020 07:00 am ET

Braemar Hotels & Resorts Provides Business Update

DALLAS, Dec. 10, 2020 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today provided an update on its hotel operations. The table provided in this release includes monthly operating information for the Company's portfolio for the months of October and November.

May 02, 2020 07:00 pm ET

Ashford Group Of Companies Takes Action To Meet Changed Paycheck Protection Program Eligibility Guidelines

DALLAS, May 2, 2020 /PRNewswire/ -- The Ashford Group of Companies announced today that all of its companies, including Ashford Inc. (NYSE American: AINC), Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust"), and Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar"), will return all funds provided by the Small Business Administration's ("SBA") Paycheck Protection Program ("PPP") due to the agency's recently changed rules and inconsistent federal guidance that put the companies at compliance risk.

Nov 13, 2019 06:50 am ET

Braemar Hotels & Resorts Files Registration Statement For Non-Traded Preferred Equity

DALLAS, Nov. 13, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it has filed a registration statement with the Securities and Exchange Commission ("SEC") for a Series E Redeemable Preferred Equity security ("Non-Traded Preferred Equity"). The registration statement provides for issuance of Non-Traded Preferred Equity in a primary offering over the course of up to three years from the effective date. Subject to market conditions, the Company expects to raise approximately $100 million in the second half of 2020 and an add

Oct 30, 2019 04:15 pm ET

Braemar Hotels & Resorts Reports Third Quarter 2019 Results

DALLAS, Oct. 30, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today reported the following results and performance measures for the third quarter ended September 30, 2019. The comparable performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA assume each of the hotel properties in the Company's hotel portfolio as of September 30, 2019 were owned as of the beginning of each of the periods presented. Unless otherwise stated, all reported results compare the third quarter ended S

Oct 28, 2019 04:15 pm ET

Braemar Hotels & Resorts Announces New $75 Million Revolving Credit Facility

DALLAS, Oct. 28, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it has entered into a new $75 million secured credit facility which replaces the Company's previous credit facility that was scheduled to mature next month. The new credit facility provides for a three-year revolving line of credit and bears interest at a range of 2.25% - 3.50% over LIBOR, depending on the leverage level of the Company. There are two, one-year extension options subject to the satisfaction of certain conditions. The new credit facility inclu

Oct 24, 2019 04:15 pm ET

Ashford Stockholders Approve Combination With Remington

DALLAS, Oct. 24, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") announced that its stockholders approved the proposals relating to the Company's combination with Remington Holdings, LP ("Remington") at a special meeting held earlier today. Holders of approximately 92% of Ashford shares present and voting at the meeting, representing over 75% of outstanding voting shares, voted in favor of the combination, and approximately 87% of shares, excluding shares owned by the Bennett family, present and voting at the meeting voted in favor of the combination. Al

Oct 21, 2019 04:15 pm ET

Braemar Hotels & Resorts Announces Distribution Of Remaining Shares Of Ashford Inc.

DALLAS, Oct. 21, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors has formally declared the distribution of its remaining 174,983 shares of common stock of Ashford Inc. (NYSE American: AINC) ("Ashford"). Both common stockholders and unitholders of Braemar will receive their pro-rata share of Ashford common stock.

Oct 03, 2019 07:40 am ET

Braemar Hotels & Resorts Announces Opening Of The Maple Grove Presidential Villa At Bardessono Hotel & Spa

DALLAS, Oct. 3, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced the opening of The Maple Grove Presidential Villa at the Bardessono Hotel & Spa ("Bardessono") in Yountville, CA. The new Presidential Villa, which is also available as three separate luxury suites, offers a grand respite for guests seeking secluded space with elite experiences. Each separate suite boasts a distinctive great room, stately king bedroom, spa bathrooms and courtyard.

Oct 03, 2019 07:40 am ET

Braemar Hotels & Resorts Completes Refinancing Of Mortgage Loan For The Pier House Resort & Spa

DALLAS, Oct. 3, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it has successfully refinanced its mortgage loan for the 142-room Pier House Resort & Spa in Key West, Florida, which had an existing outstanding balance of $70 million, a floating interest rate of LIBOR + 2.25%, and a final maturity date in March 2020.

Oct 02, 2019 06:15 pm ET

Ashford Announces Repurchase Of Stock From Ashford Trust And Braemar Hotels & Resorts

DALLAS, Oct. 2, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that it has agreed to immediately acquire an aggregate of 412,974 shares of its common stock currently owned by Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust") and Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar"), respectively, for $30 per share, resulting in a total cost of approximately $12.4 million. This stock purchase represents approximately 16% of the Company's common shares outstanding. Due to the parameters of the private letter ruling expecte

Oct 02, 2019 06:15 pm ET

Braemar Hotels & Resorts Announces Plan to Dispose of Ashford Inc. Shares

DALLAS, Oct. 2, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it has entered into a stock purchase agreement with Ashford Inc. (NYSE American: AINC) ("Ashford") under which Ashford purchased 19,897 shares of its common stock for $30 per share, resulting in total proceeds of approximately $0.6 million to the Company. The purchase price equates to a premium of approximately 20% based on yesterday's closing price of Ashford common stock. Due to the parameters of the private letter ruling expected to be received from the In

Oct 02, 2019 08:00 am ET

Braemar Hotels & Resorts to Host Investor & Analyst Day

DALLAS, Oct. 2, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it will host an Investor & Analyst Day in New York City on Thursday, October 3, 2019 at The St. Regis Hotel.

Sep 26, 2019 08:00 am ET

Braemar Hotels & Resorts Sets Third Quarter Earnings Release and Conference Call Dates

DALLAS, Sept. 26, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2019.

Sep 25, 2019 08:30 am ET

Ashford Announces Creation Of Dedicated Platform To Raise Retail Capital Through Financial Intermediaries And The Broker-Dealer Channel

DALLAS, Sept. 25, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that it has formed Ashford Securities LLC ("Ashford Securities") to raise capital in order to grow its existing and future platforms. Following registration with the Financial Industry Regulatory Authority and other regulatory authorities, Ashford Securities will be a dedicated capital raising platform to fund investment opportunities sponsored and asset-managed by Ashford. Types of capital raised may include, but are not limited to, preferred equity, convertible preferred

Sep 12, 2019 08:00 am ET

Braemar Hotels & Resorts Declares Dividends For Third Quarter Of 2019

DALLAS, Sept. 12, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.16 per diluted share for the Company's common stock for the third quarter ending September 30, 2019. The dividend, which equates to an annual rate of $0.64 per share, is payable on October 15, 2019, to shareholders of record as of September 30, 2019.

Aug 06, 2019 08:00 am ET

Braemar Hotels & Resorts Announces Extension Of Mortgage Loan For Ritz-Carlton St. Thomas

DALLAS, Aug. 6, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it has successfully amended and extended its mortgage loan secured by the Ritz-Carlton St. Thomas. The amended $42.5 million loan has a two-year initial term with three one-year extension options, subject to the satisfaction of certain conditions. The loan will continue to bear interest at a rate of LIBOR + 4.95%. Upon the re-opening of the hotel as a Ritz-Carlton, which is planned for later this year, there is the potential for the spread on the loan to be

Aug 01, 2019 04:15 pm ET

Ashford Reports Second Quarter 2019 Results

DALLAS, Aug. 1, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today reported the following results and performance measures for the second quarter ended June 30, 2019. Unless otherwise stated, all reported results compare the second quarter ended June 30, 2019, with the second quarter ended June 30, 2018 (see discussion below). The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release.

Jul 31, 2019 04:15 pm ET

Braemar Hotels & Resorts Reports Second Quarter 2019 Results

DALLAS, July 31, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today reported the following results and performance measures for the second quarter ended June 30, 2019. The comparable performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA assume each of the hotel properties in the Company's hotel portfolio as of June 30, 2019 were owned as of the beginning of each of the periods presented. Unless otherwise stated, all reported results compare the second quarter ended June 30,

Jul 17, 2019 04:15 pm ET

Braemar Hotels & Resorts Announces The Opening Of The Notary Hotel, A New Autograph Collection Property In Philadelphia

DALLAS, July 17, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced the opening of The Notary Hotel in the heart of Downtown Philadelphia. Listed on the National Register of Historic Places, the former Courtyard by Marriott Philadelphia Downtown underwent a rebranding and renovation in excess of $20 million to create The Notary Hotel. Located at 21 North Juniper Street, the property now features 499 guest rooms and over 10,000 square feet of conference space throughout 12 event rooms. It joins Marriott International's Autograph Col

Jul 11, 2019 04:15 pm ET

Braemar Hotels & Resorts Unveils The Clancy - A New Autograph Collection Property In Downtown San Francisco

DALLAS, July 11, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced the planned opening of The Clancy in January 2020. Located in San Francisco's vibrant South of Market (SoMa) district, the former Courtyard San Francisco Downtown is undergoing a rebranding and renovation of approximately $30 million to create The Clancy. The hotel now joins Marriott International's Autograph Collection® Hotels, a diverse portfolio of approximately 180 independent hotels around the world that reflect unique vision, design and environments.

May 15, 2019 05:15 pm ET

Donald Kelly and Mark Matz Appointed Premier Project Management's Co-Chief Executive Officers

DALLAS, May 15, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) and Premier Project Management ("Premier" or the "Company") announced today that Donald R. Kelly has been appointed Co-Chief Executive Officer, effective May 15, 2019. Kelly will work alongside Mark Matz, who is being promoted from Co-President and Chief Operating Officer to Co-Chief Executive Officer and Chief Operating Officer, to drive growth both within Premier's current business lines and to execute on new growth initiatives.

May 02, 2019 04:15 pm ET

Ashford Reports First Quarter 2019 Results

DALLAS, May 2, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today reported the following results and performance measures for the first quarter ended March 31, 2019. Unless otherwise stated, all reported results compare the first quarter ended March 31, 2019, with the first quarter ended March 31, 2018 (see discussion below). The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release.

May 01, 2019 04:15 pm ET

Braemar Hotels & Resorts Reports First Quarter 2019 Results

DALLAS, May 1, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today reported the following results and performance measures for the first quarter ended March 31, 2019. The comparable performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA assume each of the hotel properties in the Company's hotel portfolio as of March 31, 2019 were owned as of the beginning of each of the periods presented. Unless otherwise stated, all reported results compare the first quarter ended March 31, 2

May 01, 2019 04:13 pm ET

Braemar Hotels & Resorts Unveils New Autograph Collection Property In Philadelphia

DALLAS, May 1, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced the planned opening of The Notary Hotel in early summer 2019. Listed on the National Register of Historic Places, the former Courtyard by Marriott Philadelphia Downtown underwent a rebranding and renovation in excess of $20 million to create The Notary Hotel. Fusing Philadelphia's unique soul with its historic legacy, the hotel now joins Marriott International's Autograph Collection® Hotels, a diverse portfolio of 177 independent hotels around the world that reflect

Apr 05, 2019 04:20 pm ET

Braemar Hotels & Resorts Sets First Quarter Earnings Release And Conference Call Date

DALLAS, April 5, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2019.

Mar 13, 2019 08:00 am ET

Braemar Hotels & Resorts Declares Dividends For First Quarter Of 2019

DALLAS, March 13, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.16 per diluted share for the Company's common stock for the first quarter ending March 31, 2019. The dividend, which equates to an annual rate of $0.64 per share, is payable on April 15, 2019, to shareholders of record as of March 29, 2019.

Feb 27, 2019 07:00 am ET

Braemar Hotels & Resorts Reports Fourth Quarter And Year End 2018 Results

DALLAS, Feb. 27, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today reported the following results and performance measures for the fourth quarter and full year ended December 31, 2018. The comparable performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA assume each of the hotel properties in the Company's hotel portfolio as of December 31, 2018 were owned as of the beginning of each of the periods presented. Unless otherwise stated, all reported results compare the fourth q

Jan 28, 2019 07:00 am ET

Braemar Hotels & Resorts Announces Tax Reporting Information For 2018 Common And Preferred Share Distributions

DALLAS, Jan. 28, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) today announced the tax reporting (Federal Form 1099-DIV) information for the 2018 distributions on its common shares and its Series B preferred shares.

Jan 22, 2019 03:15 pm ET

Braemar Hotels & Resorts Completes $195 Million Refinancing of Mortgage Loan

DALLAS, Jan. 22, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it has successfully refinanced its Aareal Capital mortgage loan with an existing outstanding balance totaling approximately $187 million and a final maturity date in November 2021. The new loan was originated by PGIM Real Estate Finance, totals $195 million and has a five year term. The loan is interest only and provides for a floating interest rate of LIBOR + 1.70%. The loan remains secured by the same two hotels: the Capital Hilton in Washington,

Jan 17, 2019 03:15 pm ET

Ashford Inc. Announces New Enhanced Return Funding Program With Braemar Hotels & Resorts In Connection With The Closing Of The Ritz-Carlton Lake Tahoe Acquisition

DALLAS, Jan. 17, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that, in connection with the acquisition of the Ritz-Carlton Lake Tahoe, it has entered into an agreement with Braemar Hotels & Resorts, Inc. (NYSE: BHR) ("Braemar") for the new Enhanced Return Funding Program ("ERFP" or the "Program"). Under the Program, Ashford has agreed to provide up to $50 million to Braemar in connection with the acquisition by Braemar of additional hotels. Ashford will provide 10% of the purchase price of each hotel acquired by Braemar, for up to

Jan 17, 2019 03:15 pm ET

Braemar Announces Closing Of The Ritz-Carlton Lake Tahoe Acquisition Utilizing An Enhanced Return Funding Program With Ashford Inc.

DALLAS, Jan. 17, 2019 /PRNewswire/ --

Dec 31, 2018 07:00 am ET

Braemar Hotels & Resorts Sets Fourth Quarter Earnings Release and Conference Call Date

DALLAS, Dec. 31, 2018 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2018.

Dec 10, 2018 07:00 am ET

Braemar Hotels & Resorts Declares Dividends For Fourth Quarter Of 2018 And Issues Guidance For 2019 Dividends

DALLAS, Dec. 10, 2018 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.16 per diluted share for the Company's common stock for the fourth quarter ending December 31, 2018. The dividend, which equates to an annual rate of $0.64 per share, is payable on January 15, 2019, to shareholders of record as of December 31, 2018.

Nov 13, 2018 07:00 am ET

Braemar Hotels & Resorts Announces Agreement To Acquire The Ritz-Carlton Lake Tahoe

DALLAS, Nov. 13, 2018 /PRNewswire/ --

Oct 31, 2018 04:15 pm ET

Braemar Hotels & Resorts Reports Third Quarter 2018 Results

DALLAS, Oct. 31, 2018 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today reported the following results and performance measures for the third quarter ended September 30, 2018. The comparable performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA assume each of the hotel properties in the Company's hotel portfolio as of September 30, 2018 were owned as of the beginning of each of the periods presented. Unless otherwise stated, all reported results compare the third quarter ended S

Oct 25, 2018 11:00 am ET

Braemar Hotels & Resorts Reschedules the Time for its Third Quarter 2018 Results Conference Call

DALLAS, Oct. 25, 2018 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that the time of its conference call and webcast to discuss the Company's third quarter 2018 results has been rescheduled to 12:00 p.m. ET on Thursday, November 1, 2018.

Oct 01, 2018 08:00 am ET

Braemar Hotels & Resorts To Host Investor & Analyst Day

DALLAS, Oct. 1, 2018 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it will host an Investor & Analyst Day in New York City on Tuesday, October 2, 2018 at The St. Regis Hotel.

Sep 27, 2018 04:05 pm ET

Braemar Hotels & Resorts Sets Third Quarter Earnings Release And Conference Call Dates

DALLAS, Sept. 27, 2018 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2018.

Sep 14, 2018 08:00 am ET

Braemar Hotels & Resorts Declares Dividends For Third Quarter Of 2018

DALLAS, Sept. 14, 2018 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.16 per diluted share for the Company's common stock for the third quarter ending September 30, 2018. The dividend, which equates to an annual rate of $0.64 per share, is payable on October 15, 2018, to shareholders of record as of September 28, 2018.

Aug 09, 2018 04:15 pm ET

Ashford Reports Second Quarter Results

DALLAS, Aug. 9, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today reported the following results and performance measures for the second quarter ended June 30, 2018. Unless otherwise stated, all reported results compare the second quarter ended June 30, 2018, with the second quarter ended June 30, 2017 (see discussion below). The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release.

Aug 08, 2018 04:05 pm ET

Ashford Announces Stockholder Approval And Closing Of Acquisition Of Remington's Project Management Business

DALLAS, Aug. 8, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) (the "Company") today announced it has completed its previously announced acquisition of Remington Holdings, L.P.'s ("Remington") Project Management business. The transaction represents a significant milestone in Ashford's strategy, adding scale, diversification and an enhanced competitive position in the hospitality industry by expanding the breadth of services the Company offers to its advised REITs and other hospitality companies. Also, the income from the Project Management business is a crucial component of the Com

Aug 01, 2018 04:15 pm ET

Braemar Hotels & Resorts Reports Second Quarter 2018 Results

DALLAS, Aug. 1, 2018 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today reported the following results and performance measures for the second quarter ended June 30, 2018. The performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA are comparable assuming each of the hotel properties in the Company's hotel portfolio as of June 30, 2018 were owned as of the beginning of each of the periods presented. Unless otherwise stated, all reported results compare the second quarter ended June

Jun 29, 2018 08:00 am ET

Braemar Hotels & Resorts Sets Second Quarter Earnings Release And Conference Call Dates

DALLAS, June 29, 2018 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the second quarter ended June 30, 2018.

Jun 05, 2018 01:00 pm ET

Braemar Hotels & Resorts Declares Dividends For Second Quarter Of 2018

DALLAS, June 5, 2018 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.16 per diluted share for the Company's common stock for the second quarter ending June 30, 2018. The dividend, which equates to an annual rate of $0.64 per share, is payable on July 16, 2018, to shareholders of record as of June 29, 2018.

Jun 04, 2018 08:00 am ET

Braemar Hotels & Resorts Completes Sale Of Renaissance Tampa For $68 Million

DALLAS, June 4, 2018 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it has completed the sale of the 293-room Renaissance Tampa International Plaza hotel ("Renaissance Tampa" or the "Hotel") in Tampa, Florida for $68 million ($232,000 per key), previously announced on May 8, 2018.

May 23, 2018 04:15 pm ET

Braemar Hotels & Resorts Completes $435 Million Refinancing Of Two Mortgage Loans

DALLAS, May 23, 2018 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it has successfully refinanced two mortgage loans with existing outstanding balances totaling approximately $358 million. The previous mortgage loans that were refinanced were the Morgan Stanley Pool and the GACC Sofitel loans with final maturity dates in February 2024 and March 2019, respectively. The new loan totals $435 million and has a two-year initial term with five one-year extension options, subject to the satisfaction of certain conditions. The loa

May 08, 2018 04:15 pm ET

Braemar Hotels & Resorts Announces Agreement To Sell The Renaissance Tampa

DALLAS, May 8, 2018 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it has signed a definitive agreement to sell the 293-room Renaissance Tampa International Plaza hotel ("Renaissance Tampa" or the "Hotel") in Tampa, Florida for $68 million ($232,000 per key). The sales price represents a trailing twelve-month cap rate of 8.2% on net operating income and a 10.0x Hotel EBITDA multiple as of March 31, 2018. The transaction is expected to close during the second quarter. The closing of the sale is also expected to complete a

May 03, 2018 04:15 pm ET

Ashford Reports First Quarter Results

DALLAS, May 3, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) (the "Company") today reported the following results and performance measures for the first quarter ended March 31, 2018. Unless otherwise stated, all reported results compare the first quarter ended March 31, 2018, with the first quarter ended March 31, 2017 (see discussion below). The reconciliation of non-GAAP financial measures is included in the financial tables accompanying this press release.

May 02, 2018 04:15 pm ET

Braemar Hotels & Resorts Reports First Quarter 2018 Results

DALLAS, May 2, 2018 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today reported the following results and performance measures for the first quarter ended March 31, 2018. The performance measurements for Occupancy, Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and Hotel EBITDA are comparable assuming each of the hotel properties in the Company's hotel portfolio as of March 31, 2018 were owned as of the beginning of each of the periods presented. Unless otherwise stated, all reported results compare the first quarter ended March

Apr 23, 2018 07:30 am ET

Ashford Prime Announces Rebranding To Braemar Hotels & Resorts

DALLAS, April 23, 2018 /PRNewswire/ -- Braemar Hotels & Resorts, Inc. (NYSE: BHR) ("Braemar" or "the Company"), formerly Ashford Hospitality Prime, Inc. (NYSE: AHP), today announced that it will change its name from Ashford Hospitality Prime to Braemar Hotels & Resorts, trading under the New York Stock Exchange ticker symbol BHR, effective before the market opens on April 24, 2018.

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