Braemar Hotels & Resorts Reports Preliminary 12-Month Revenue of $385.2 Million
Braemar Hotels & Resorts, Inc. (BHR) reported preliminary unaudited financial results for the trailing twelve-month period ended August 31, 2026. Total revenue reached $385.2 million, supported by average revenue per available room of $334 across its portfolio. Hotel earnings before interest, taxes, depreciation, and amortization totaled $90.4 million, yielding a 23.5% margin for continuing properties.
Performance varied across the company's real estate holdings during the period. The Ritz-Carlton Reserve Dorado Beach generated the highest average revenue per available room at $1,747, while The Notary Hotel recorded $166. Shares of the real estate investment trust traded at $1.24 following the update.
Investors should note that these figures remain preliminary and unaudited. Finalized metrics could change after quarter-end accounting procedures and an independent evaluation are completed. Additionally, a full reconciliation to GAAP net income has not yet been supplied.
Key points
- Braemar Hotels & Resorts reported preliminary 12-month revenue of $385.2 million through August 31, 2026.
- Hotel EBITDA totaled $90.4 million, reflecting a 23.5% margin for continuing properties.
- Average revenue per available room reached $334 across the hotel portfolio.
- Property performance ranged from $1,747 per room at Ritz-Carlton Reserve Dorado Beach to $166 at The Notary Hotel.
- The financial metrics remain subject to revision pending final quarter-end accounting review.
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What were Braemar Hotels & Resorts preliminary revenue and EBITDA numbers?
For the trailing twelve-month period ended August 31, 2026, Braemar Hotels & Resorts generated preliminary total revenue of $385.2 million and hotel EBITDA of $90.4 million, representing a 23.5% margin for continuing properties.
What was the average RevPAR for Braemar Hotels & Resorts?
Preliminary average revenue per available room was $334. Individual property RevPAR ranged from $1,747 at the Ritz-Carlton Reserve Dorado Beach to $166 at The Notary Hotel.
Are these final earnings results for Braemar Hotels & Resorts?
No, these results are preliminary, unaudited, and subject to revision following quarter-end accounting closes and independent review. A GAAP net income reconciliation has not yet been provided.