Braemar Hotels & Resorts Inc.

Braemar Hotels & Resorts Inc. is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts, primarily in the United States and the United States Virgin Islands. The company is externally advised by Ashford Inc. and is listed on the New York Stock Exchange under the ticker symbol BHR. Braemar's portfolio includes high RevPAR, full-service properties in leading markets, aiming to capitalize on the superior performance of the luxury segment in the lodging industry.

The company's investment strategy centers on acquiring and managing upscale hotels and resorts, emphasizing properties with strong revenue per available room (RevPAR) metrics. Braemar's portfolio comprises several notable assets, including The Ritz-Carlton Lake Tahoe in California, The Ritz-Carlton St. Thomas in the U.S. Virgin Islands, and The Ritz-Carlton Sarasota in Florida. These properties are strategically located in prime destinations, catering to high-end travelers seeking exceptional hospitality experiences.

Braemar's approach involves actively managing its assets to enhance value and operational performance. The company has undertaken significant renovations and rebranding initiatives, such as the planned conversion of the Mr. C Beverly Hills to the Cameo Beverly Hills, which will join Hilton's LXR Hotels & Resorts brand. This rebranding reflects Braemar's commitment to maintaining a portfolio of distinctive and high-quality properties that appeal to luxury travelers.

Braemar Hotels & Resorts Inc. continues to focus on expanding its portfolio of luxury hotels and resorts, aiming to deliver superior returns to its shareholders through strategic acquisitions and effective asset management.