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The latest announcement is out from Braemar Hotels & Resorts ( (BHR) ).
Braemar Hotels & Resorts Inc. has showcased a strong financial performance with significant growth in Gross Asset Value and EBITDA since its inception in 2013. The company is focused on a balanced portfolio of high-quality assets, including both resort and urban properties, like Ritz-Carlton and Four Seasons. Despite economic challenges, Braemar has been proactive in managing risks, refinancing to lower interest costs, and positioning itself for consistent future performance. The luxury lodging sector, where Braemar holds a substantial presence, is expected to continue its growth trajectory.
See more insights into BHR stock on TipRanks’ Stock Analysis page.