Filing Flows › Braemar Hotels & Resorts (BHR) › Guidance & outlook
Braemar Hotels & Resorts (BHR) guidance and outlook
Braemar Hotels & Resorts (BHR) reaffirmed its guidance on Nov 4, 2026: Capital expenditures (segment) $23.0M for FY2026. Braemar Hotels & Resorts' 10-Q filed Nov 5, 2026 makes 24 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Capital expenditures | FY2026 | $23.0M | reaffirmed |
From the earnings release filed Nov 4, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 5, 2026
- • risks associated with our ability to effectuate our dividend policy, including factors such as operating results and the economic outlook influencing our board’s decision whether to pay further dividends at levels previously disclosed or to use available cash to pay dividends;
- • the ability to fully realize the expected benefits of our transition to a self-managed company or such benefits taking longer than anticipated;
- • A focused business generating significant revenue: On a go-forward basis, the Company intends to maintain a portfolio of seven luxury properties across the U.S. and the Caribbean, which had a gross asset value of $1 billion and generated total annual revenue of $381.4 million as of the trailing twelve months ending June 30, 2026.
- • Long-term cost savings: The Company intends to directly hire employees and has relocated to new office space, headquartered in Dallas.
- By directly employing its own management team, Braemar expects to reduce G&A costs by more than $25 million per year.
- Furthermore, by canceling the Ashford Master Agreements, the Company will be free to utilize any third-party company to provide property management, project management or other services at the Company’s hotels.
- The Company currently expects all existing directors other than Mr.
- Immediately thereafter, the Company currently expects that the seven new independent director nominees listed in the Company’s upcoming definitive proxy statement will be appointed to the Board.
- Additionally, Braemar will terminate its contractual relationships with Premier Project Management LLC and Remington Lodging & Hospitality, LLC, both of which are subsidiaries of Ashford Inc.
- As of the filing of this Form 10-Q, approximately $29.4 million of the Company Sale Fee remains payable to our Advisor, which we expect to pay during November of 2026.
- Following the termination of the advisory agreement, we will no longer pay advisory fees to our Advisor and instead directly incur the costs of employing our management team.
- We expect to meet our short-term liquidity requirements generally through net cash provided by operations, capital market activities, asset sales and existing cash balances.
Braemar Hotels & Resorts' latest quarter
Braemar Hotels & Resorts, Q3 2026: revenue $102M (-29% year over year), operating margin -240.0%, net loss $249M, operating cash flow −$258M. The chart follows the revenue to costs, profit and cash.
Questions
Did Braemar Hotels & Resorts raise or lower its guidance?
Braemar Hotels & Resorts (BHR) reaffirmed its guidance on Nov 4, 2026: Capital expenditures (segment) $23.0M for FY2026.
What does Braemar Hotels & Resorts expect?
• risks associated with our ability to effectuate our dividend policy, including factors such as operating results and the economic outlook influencing our board’s decision whether to pay further dividends at levels previously disclosed or to use available cash to pay dividends; • the ability to fully realize the expected benefits of our transition to a self-managed company or such benefits taking longer than anticipated; • A focused business generating significant revenue: On a go-forward basis, the Company intends to maintain a portfolio of seven luxury properties across the U.S. and the Car
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.