Braemar Q4 net loss attributable to common stockholders hits USD 46.0 million
Braemar Hotels & Resorts, Inc. BHR | 2.31 | -0.86% |
Braemar Hotels & Resorts reported Q4 2025 results with a net loss attributable to common stockholders of USD 46.0 million (USD 0.67 per diluted share) and Adjusted EBITDAre of USD 28.8 million. Comparable RevPAR in Q4 was USD 340 (relatively flat), with Comparable ADR of USD 559 (+5.4%) and Comparable Occupancy of 60.8% (-5.2%); Comparable Total RevPAR rose to USD 579 (+1.8%). Comparable Hotel EBITDA was USD 38.0 million. For FY 2025, net loss attributable to common stockholders was USD 72.7 million (USD 1.07 per diluted share), while AFFO per diluted share was USD 0.28. Adjusted EBITDAre was USD 147.0 million and Comparable Hotel EBITDA was USD 164.2 million. Comparable RevPAR was USD 347 (+1.0%), with Comparable ADR of USD 538 (+3.9%) and Comparable Occupancy of 64.6% (-2.7%); Comparable Total RevPAR increased to USD 583 (+3.1%). Braemar ended Q4 with cash and cash equivalents of USD 124.4 million and restricted cash of USD 42.5 million, plus USD 17.1 million due from third-party hotel managers; net debt to gross assets was 46.7%. Q4 capex was USD 23.4 million and FY capex was USD 77.9 million. Corporate updates included the ongoing company sale process initiated in August 2025, the sale of The Clancy in San Francisco for USD 115 million, the repositioning of Cameo Beverly Hills to Hilton’s LXR brand, and completion of renovations at Hotel Yountville and Park Hyatt Beaver Creek.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Braemar Hotel & Resorts Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001574085-26-000022), on February 26, 2026, and is solely responsible for the information contained therein.
