Braemar Hotels & Resorts Inc is a company that invests in luxurious hotels located in places that generate high revenue per available room, such as popular tourist destinations and urban hubs. They operate in several U.S. states including California, Texas, Washington, Philadelphia, Florida, and Illinois, as well as in Washington, D.C., and St. Thomas, U.S. Virgin Islands.
The company generates revenue from its direct hotel investment segment, which includes rooms, food and beverage, and other services. Their hotels operate under popular brands like Marriott, Hilton, Courtyard, Renaissance, and more.
Braemar Hotels & Resorts has a few key strategies that guide its investments and operations. They aim to invest primarily in full-service luxury hotels and resorts with an expected RevPAR of at least twice as much as the current US average. Additionally, they strive to acquire both premium branded and independent hotels. The company is listed on the New York Stock Exchange under the symbol BHR and is advised by Ashford (NYSE American: AINC).
Overall, Braemar Hotels & Resorts Inc is an established and respected real estate investment trust with a strong focus on providing luxury hotel services in prime locations. The firm operates through five key guiding principles – ethical, innovative, profitable, engaging, and tenacious – that ensure its commitment to excellence and integrity. Further, the company is actively engaged in philanthropic activities, demonstrating its commitment to the community.
All of this is contributing to the firm’s success in providing outstanding services for guests and investors alike. By adhering to its core values, Braemar Hotels & Resorts Inc has become a leader in the hospitality and real estate investment trust industry.
The company has established itself as an attractive option for investors seeking high returns and reliable income streams. With its deep commitment to quality service, product innovation, and excellent customer experience, Braemar Hotels & Resorts Inc is poised to continue its success for years to come.