Braemar Hotels & Resorts INC 8-K filings

Braemar Hotels & Resorts has released the tax reporting details for its 2024 common and preferred share distributions, outlining the breakdown between ordinary taxable dividends and return of capital.

Braemar Hotels & Resorts successfully extended its mortgage loan secured by the Ritz-Carlton Lake Tahoe with a $10 million paydown and a revised spread.

Braemar Hotels & Resorts Inc. announced the declaration of cash dividends for its common and preferred stock for the first quarter of 2025.

Braemar Hotels & Resorts has amended its previous 8-K filing to announce the appointment of Jay H. Shah to the Compensation Committee, effective December 30, 2024.

Braemar Hotels & Resorts has appointed Rebecca Musser to its Board of Directors and as Chair of the Audit Committee, effective immediately.

Braemar Hotels & Resorts held its 2024 Annual Meeting, resulting in the election of five directors and subsequent resignations and rejections of resignations leading to a final board composition.

Braemar Hotels & Resorts' Q3 results show a mixed performance with urban properties recovering while resort properties face ADR softness, alongside strategic refinancing and ongoing capital expenditures.

Braemar Hotels & Resorts reported solid third-quarter results, highlighted by strong urban hotel performance and progress on its shareholder value creation plan.

Braemar Hotels & Resorts reported a net loss of $(1.4) million for the third quarter of 2024, with a decrease in comparable RevPAR and ADR, but an increase in occupancy, while also completing strategic asset sales and refinancing.

Braemar Hotels & Resorts has appointed Jay Shah, a seasoned hospitality executive, to its Board of Directors as an independent director, effective October 4, 2024.

Braemar Hotels & Resorts declared cash dividends for its common and preferred stock for the fourth quarter of 2024, payable in January 2025.

Braemar Hotels & Resorts has announced the postponement of its 2024 Annual Meeting of Stockholders from October 15, 2024, to December 17, 2024.

Braemar Hotels & Resorts saw a slight decrease in adjusted funds from operations (AFFO) per share in Q2, despite a minor increase in total revenue, as the company navigates a complex market with strategic asset sales and refinancing.

Braemar Hotels & Resorts has successfully refinanced debt on five hotels, securing a $407 million loan with improved terms and extended maturities.

Braemar Hotels & Resorts reported a mixed second quarter with strong urban hotel performance offset by resort softness, while also announcing progress on its Shareholder Value Creation Plan.

Braemar Hotels & Resorts reported a net loss for the second quarter of 2024, despite some positive performance in urban hotels and strategic asset sales.

Braemar Hotels & Resorts finalized the sale of the Hilton Torrey Pines for $163.1 million and released pro forma financials reflecting the transaction's impact.

Braemar Hotels & Resorts has successfully completed the sale of the Hilton La Jolla Torrey Pines for $165 million, marking a significant step in their asset management strategy.

Braemar Hotels & Resorts declared cash dividends for its common and preferred stock for the third quarter of 2024, payable in October.

Braemar Hotels & Resorts has reached a cooperation agreement with Blackwells Capital, resulting in the withdrawal of Blackwells' proxy campaign and a commitment to support Braemar's board and proposals.

Braemar Hotels & Resorts has announced the postponement of its 2024 Annual Meeting of Stockholders from July 30 to October 15, 2024.

Braemar Hotels & Resorts reported a relatively stable first quarter with slight decreases in key metrics, while highlighting the strength of its luxury resort portfolio.

Braemar Hotels & Resorts announced that Blackwells Capital's proxy campaign at Ashford Hospitality Trust was unsuccessful, with only 7% of shares voting on their proxy card.

Braemar Hotels & Resorts reported first quarter results with comparable RevPAR essentially flat year-over-year, while announcing a plan to enhance shareholder value through asset sales and share repurchases.

Braemar Hotels & Resorts reported a slight decrease in comparable RevPAR for the first quarter of 2024, alongside strategic moves including loan extensions, a property sale, and plans for further asset dispositions.

Braemar Hotels & Resorts has announced a shareholder value creation plan that includes the sale of the Hilton La Jolla Torrey Pines for $165 million, a $50 million preferred share redemption, and a $50 million common share repurchase program.

Braemar Hotels & Resorts has postponed its 2024 Annual Meeting of Stockholders to July 30, 2024, due to ongoing litigation with Blackwells Capital LLC.

Braemar Hotels & Resorts has issued a statement urging shareholders to disregard proxy materials from activist investor Blackwells Capital, deeming them invalid due to false statements and material omissions.

Braemar Hotels & Resorts obtained an opinion from Robert A. Stanger & Co., Inc. that the liquidation value of its Series E and M Preferred Stock was $25.00 per share as of December 31, 2023.

Braemar Hotels & Resorts declared cash dividends for its common and preferred stock for the second quarter of 2024, payable in July.