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Braemar Hotels & Resorts Inc.
REIT - Diversified
· Common: BHR
Braemar Hotels & Resorts (BHR) is an externally advised Maryland-based REIT, formed in 2013, that focuses on investing in luxury hotels and resorts targeting high revenue per available room — specifically properties generating RevPAR of at least twice the U.S. national average (approximately $200 as of year-end 2025). As of early 2026, the company owns interests in 13 hotel properties totaling 3,028 rooms across six states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands, with holdings concentrated in urban and resort destinations. The portfolio is externally managed and asset-managed by Ashford Hospitality Advisors LLC, a subsidiary of Ashford Inc.