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Braemar Hotels & Resorts (BHR)

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Luxury & upper-upscale

12 hotels, 2,831 rooms, in 6 of the markets this site covers and elsewhere at the end of Q2 2026, as reported.

Independent research; not affiliated with or endorsed by any REIT.

Snapshot

Q2 2026 · reported
RevPAR
$382.86
ADR
$540.47
Occupancy
70.8%
Hotels
122,831 rooms
  • RevPAR, ADR, Occupancy:SourceComparable hotels · 8-K exhibit 99.1, filed Aug 5, 2026 sec.gov ↗
  • Hotels, Rooms:Source10-Q, filed Aug 6, 2026 sec.gov ↗

Tracking gap (captured rate vs reported ADR) appears once a quarter's weekly captures and its reported ADR both exist.

Captured rates

Google Hotels · captured Tue, Nov 3, 2026

8 of 8 current hotels priced. Each figure is the median of the hotels' cheapest refundable nightly rate before taxes and fees, 2 adults, for the stay shown; low-confidence, reseller-only prices are left out, and a stay with fewer than 8 hotels behind it shows “thin” instead of a median. Method

StayDatesMedian refundableHotels
7 days out, Mon–Thu stayNov 9–Nov 12 · 3 nightsthin4
7 days out, Fri–Sun stayNov 13–Nov 15 · 2 nightsthin7
30 days out, Mon–Thu stayNov 30–Dec 3 · 3 nights$4808
30 days out, Fri–Sun stayDec 4–Dec 6 · 2 nights$7328
3 months out, Mon–Thu stayFeb 1–Feb 4 · 3 nightsthin7
3 months out, Fri–Sun stayFeb 5–Feb 7 · 2 nights$7868
6 months out, Mon–Thu stayMay 3–May 6 · 3 nightsthin6
6 months out, Fri–Sun stayMay 7–May 9 · 2 nightsthin7
~11 months out, Mon–Thu staySep 20–Sep 23 · 3 nightsthin6
~11 months out, Fri–Sun staySep 24–Sep 26 · 2 nightsthin6

Captured Tue, Nov 3, 2026; the board's median uses the 30 days out, Mon–Thu stay.

Portfolio

8 hotels · 8 markets
SourceProperty schedule, 10-K as of Dec 31, 2025 sec.gov ↗

Reported performance

13 quarters · click a value for its filing
QuarterRevPARADROccupancy
Q2 2026$382.86 (source: Comparable hotels · 8-K exhibit 99.1, filed Aug 5, 2026)$540.47 (source: Comparable hotels · 8-K exhibit 99.1, filed Aug 5, 2026)70.8% (source: Comparable hotels · 8-K exhibit 99.1, filed Aug 5, 2026)
Q1 2026$480.83 (source: Comparable hotels · 8-K exhibit 99.1, filed May 6, 2026)$745.44 (source: Comparable hotels · 8-K exhibit 99.1, filed May 6, 2026)64.5% (source: Comparable hotels · 8-K exhibit 99.1, filed May 6, 2026)
Q4 2025$337.50 (source: Comparable hotels · 8-K exhibit 99.1, filed Feb 26, 2026)$549.99 (source: Comparable hotels · 8-K exhibit 99.1, filed Feb 26, 2026)61.4% (source: Comparable hotels · 8-K exhibit 99.1, filed Feb 26, 2026)
Q3 2025$258.10 (source: 10-Q, filed Nov 7, 2025)$395.60 (source: 10-Q, filed Nov 7, 2025)65.2% (source: 10-Q, filed Nov 7, 2025)
Q2 2025$318.14 (source: Comparable hotels · 8-K exhibit 99.1, filed Jul 31, 2025)$442.81 (source: Comparable hotels · 8-K exhibit 99.1, filed Jul 31, 2025)71.8% (source: Comparable hotels · 8-K exhibit 99.1, filed Jul 31, 2025)
Q1 2025$403.99 (source: Comparable hotels · 8-K exhibit 99.1, filed May 7, 2025)$625.60 (source: Comparable hotels · 8-K exhibit 99.1, filed May 7, 2025)64.6% (source: Comparable hotels · 8-K exhibit 99.1, filed May 7, 2025)
Q4 2024$304.94 (source: Comparable hotels · 8-K exhibit 99.1, filed Feb 26, 2025)$479.92 (source: Comparable hotels · 8-K exhibit 99.1, filed Feb 26, 2025)63.5% (source: Comparable hotels · 8-K exhibit 99.1, filed Feb 26, 2025)
Q3 2024$260.62 (source: Comparable hotels · 8-K exhibit 99.1, filed Nov 6, 2024)$380.47 (source: Comparable hotels · 8-K exhibit 99.1, filed Nov 6, 2024)68.5% (source: Comparable hotels · 8-K exhibit 99.1, filed Nov 6, 2024)
Q2 2024$304.66 (source: Comparable hotels · 8-K exhibit 99.1, filed Jul 31, 2024)$418.38 (source: Comparable hotels · 8-K exhibit 99.1, filed Jul 31, 2024)72.8% (source: Comparable hotels · 8-K exhibit 99.1, filed Jul 31, 2024)
Q1 2024$368.09 (source: Comparable hotels · 8-K exhibit 99.1, filed May 8, 2024)$562.93 (source: Comparable hotels · 8-K exhibit 99.1, filed May 8, 2024)65.4% (source: Comparable hotels · 8-K exhibit 99.1, filed May 8, 2024)
Q4 2023$287.67 (source: Comparable hotels · 8-K exhibit 99.1, filed Feb 29, 2024)$452.21 (source: Comparable hotels · 8-K exhibit 99.1, filed Feb 29, 2024)63.6% (source: Comparable hotels · 8-K exhibit 99.1, filed Feb 29, 2024)
Q3 2023$262.60 (source: Comparable hotels · 8-K exhibit 99.1, filed Nov 8, 2023)$384.10 (source: Comparable hotels · 8-K exhibit 99.1, filed Nov 8, 2023)68.4% (source: Comparable hotels · 8-K exhibit 99.1, filed Nov 8, 2023)
Q2 2023$309.21 (source: Comparable hotels · 8-K exhibit 99.1, filed Aug 2, 2023)$436.07 (source: Comparable hotels · 8-K exhibit 99.1, filed Aug 2, 2023)70.9% (source: Comparable hotels · 8-K exhibit 99.1, filed Aug 2, 2023)

As reported in each quarter's filing, for the portfolio the REIT reports on that quarter (often a comparable set), so quarters are not always like-for-like.

Capital

Guidance, FY2027

as each release stated it
ReleaseAdj. EBITDAreAdj. FFO per shareRevPAR growth
Oct 8, 2026$85M to $90M$0.25 to $0.31+4.5% to +6.5%

Raised, lowered or maintained compares the midpoint with the previous release for the same year.

Debt maturities

SourceDebt maturity schedule, 10-K as of Dec 31, 2025 (filed Mar 12, 2026) sec.gov ↗

Recorded transactions

From transaction tables in 10-Q, 10-K and earnings-release filings; this list may be incomplete. How this is built

disposition$372MOct 22, 2026

Agreed to sell Four Seasons Resort Scottsdale

Scottsdale, AZ · 210 rooms

SourceSEC filing for Q4 2026 sec.gov ↗
disposition$190MAug 12, 2026

Sold Pier House Resort & Spa

Key West, FL · 142 rooms · Buyer: Last Mango Owner, LLC

SourceSEC filing for Q3 2026 sec.gov ↗
disposition$176MMay 26, 2026

Sold Park Hyatt Beaver Creek Resort & Spa

Avon, CO · 193 rooms

SourceSEC filing for Q2 2026 sec.gov ↗
disposition$115MNov 6, 2025

Sold The Clancy in San Francisco

San Francisco, CA · 410 rooms

SourceSEC filing for Q4 2025 sec.gov ↗
disposition$145MAug 7, 2025

Sold Marriott Seattle Waterfront in Seattle

Seattle, WA · 369 rooms

SourceSEC filing for Q3 2025 sec.gov ↗
+1 earlier transactions
disposition$165MJul 17, 2024

Sold Hilton La Jolla Torrey Pines hotel

La Jolla, CA

SourceSEC filing for Q3 2024 sec.gov ↗

Earnings calls

13 quarterly releases on file
upcoming

Next results release: Wed, Nov 4, 2026 · no call announced

Sourcecompany press release (results date; no call announced), announced Sep 15, 2026 braemar.q4ir.com ↗
release filed Aug 5, 2026

Q2 2026 results

Source8-K exhibit 99.1, filed Aug 5, 2026 sec.gov ↗
release filed May 6, 2026

Q1 2026 results

Source8-K exhibit 99.1, filed May 6, 2026 sec.gov ↗
release filed Feb 26, 2026

Q4 2025 results

Source8-K exhibit 99.1, filed Feb 26, 2026 sec.gov ↗
release filed Dec 8, 2025

Q3 2025 results

Source8-K exhibit 99.1, filed Dec 8, 2025 sec.gov ↗
release filed Jul 31, 2025

Q2 2025 results

Source8-K exhibit 99.1, filed Jul 31, 2025 sec.gov ↗
release filed May 7, 2025

Q1 2025 results

Source8-K exhibit 99.1, filed May 7, 2025 sec.gov ↗
release filed Feb 26, 2025

Q4 2024 results

Source8-K exhibit 99.1, filed Feb 26, 2025 sec.gov ↗
release filed Nov 6, 2024

Q3 2024 results

Source8-K exhibit 99.1, filed Nov 6, 2024 sec.gov ↗

Independent research; not affiliated with or endorsed by any REIT.

Braemar Hotels & Resorts (BHR) · Bungah Capital Intel