Braemar Hotels & Resorts reports Q3 net loss of $8.2 mln, RevPAR up 1.4%

Braemar Hotels & Resorts

04/11/2025 22:12

Overview

Braemar reports Q3 net loss of $8.2 mln, while comparable RevPAR rises 1.4% yr/yr

Adjusted Hotel EBITDA increased 15.1% yr/yr to $21.4 mln

Company closed sale of Marriott Seattle Waterfront for $145 mln

Outlook

Braemar says it has no set deadline for completion of its sale process

Braemar entered into agreement to sell The Clancy in San Francisco

Result Drivers

REVPAR GROWTH - Comparable RevPAR increased 1.4% due to strong revenue flow-through by property managers

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Income
-$8.19 mln
Q3 Adjusted Hotel EBITDA
$21.40 mln
Q3 Adjusted RevPAR
$257
Q3 Capex
$21.50 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the specialized reits peer group is "hold"

Wall Street's median 12-month price target for Braemar Hotels & Resorts Inc is $4.00, about 36.5% above its November 3 closing price of $2.54

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)