Urges Shareholder to Scrutinize the Board's Craven Efforts after Destroying nearly all Braemar's Value Demands the Board Immediately Disclose the Hilton La Jolla Torrey Pines Sale Agreement and all Benefits that Flow to Monty Bennett Invites Shareholders to Visit www.NoMoreMonty.com For More Information NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC ("Blackwells"), a shareholder of Braemar Hotels & Resorts Inc. ("Braemar" or the "Company") (NYSE:BHR), today commented on the recent disclo ...

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: The sale of Hilton Torrey Pines for $165 million, while evaluating the sale of two other hotels, The repayment of its remaining 2024 debt maturities, A $50 million preferred share redemption program, and A $50 million common share buyback authoriz ...

Braemar Board has Presided Over Massive Wealth Destruction and Value Transfer to Monty Bennett Recommends Shareholders Elect Blackwells' Highly Qualified Candidates to Serve All Shareholders Visit www.NoMoreMonty.com and Follow Blackwells' Campaign on Twitter, @nomoremonty, and Instagram, @no_more_monty NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC ("Blackwells"), a shareholder of Braemar Hotels & Resorts Inc. ("Braemar" or the "Company") (NYSE:BHR) in connection with its nomination of ...

Walter Bibikow/DigitalVision via Getty Images When I last covered Braemar Hotels & Resorts (NYSE:BHR), the core message was poignant; avoid the commons forever. The commons have dipped by 23% as BHR fights to address a wall of debt maturities and higher interest expenses that have heavily discombobulated its ability to earn cash on its portfolio of hotels and resorts. The REIT, externally managed by Ashford (AINC), faces a murky future with its dividend not covered. The share price collapse of AINC whos ...

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 Reiterates that Braemar is Executing its Strategy to Maximize Value for All Shareholders DALLAS, April 11, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today sent a letter reminding shareholders to disregard any proxy materials received from activist investor Blackwells Capital ...

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. The Board declared a quarterly cash dividend for the second qua ...

Urges Shareholders to Hold Braemar's Board Accountable for Massive Value Destruction and Enrichment of Monty Bennett Recommends Shareholders Elect Blackwells' Highly Qualified Candidates to Serve All Shareholders Launches www.NoMoreMonty.com to Promote Transparency NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) -- 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 Co ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to ________ Commission file number: 001-35972 BRAEMAR HOTELS & RESORTS INC. (Exact name of registrant as specified in its charter) Maryland 46-2488594 (State or other ...

Braemar Hotels & Resorts, Inc. (NYSE:BHR) Q4 2023 Earnings Conference Call March 1, 2024 11:00 AM ET Company Participants Jordan Jennings - Manager, IR Christopher Nixon - SVP and Head, Asset Management Deric Eubanks - CFO Richard Stockton - President and CEO Conference Call Participants Michael Bellisario - Baird Bryan Maher - B. Riley Securities Operator Thank you for standing by and welcome to the Braemar Hotels & Resorts Inc. Fourth Quarter 2023 Results Conference Call. I would now like to welcome Jorda ...

Braemar Hotels & Resorts (BHR) reported $177.53 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 3.5%. EPS of $0.04 for the same period compares to -$0.19 a year ago.The reported revenue represents a surprise of +2.53% over the Zacks Consensus Estimate of $173.16 million. With the consensus EPS estimate being $0.04, the company has not delivered EPS surprise.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...