Braemar Hotels Q4 comparable ADR rises 5.4%

Braemar Hotels & Resorts

26/02/2026 21:30

Overview

U.S. luxury hotel REIT's Q4 RevPAR flat, comparable ADR up 5.4%, occupancy down 5.2%

Net loss for Q4 was $46 mln, with AFFO at $(0.02) per share

Company completed sale of The Clancy hotel for $115 mln

Result Drivers

RENOVATIONS IMPACT - Renovations at certain properties affected overall portfolio results, but properties not under renovation saw improved performance

RESORT PERFORMANCE - Resort portfolio delivered solid Q4 with 4.1% RevPAR growth and 6.0% EBITDA growth over prior year

LXR BRAND CONVERSION - Completed conversion of Cameo Beverly Hills to Hilton's luxury LXR brand, aligning with luxury traveler expectations

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Net Income
-$46 mln
Q4 Adjusted Hotel EBITDA
$38 mln
Q4 Capex
$23.40 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 "buy."

Wall Street's median 12-month price target for Braemar Hotels & Resorts Inc is $4.00, about 29% above its February 25 closing price of $3.10

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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.)