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How Braemar Hotels & Resorts (BHR) makes money

Braemar Hotels & Resorts (BHR) made $102M of revenue in the third quarter 2026 (Q3 2026), -29% from a year earlier. Rooms brought in $63.1M (62%); Food and beverage brought in $26.0M (26%); Other brought in $12.4M (12%).

Drawing the Sankey…

Braemar Hotels & Resorts revenue by segment, Q3 2026Braemar Hotels & Resorts revenue by segment, Q3 2026Rooms$63.1MFood and beverage$26.0MOther$12.4M
Braemar Hotels & Resorts: revenue by line, Q1 2025 to Q3 2026Braemar Hotels & Resorts: revenue by line, Q1 2025 to Q3 2026RoomsFood and beverageOtherOther hotelRooms: $63.1M latest$63.1MFood and beverage: $26.0M latest$26.0MOther: $12.4M latestOther hotel: $0 latestQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
The mix barely moved between Q1 2025 and Q3 2026.
Braemar Hotels & Resorts revenue by quarterBraemar Hotels & Resorts revenue by quarter$216MQ1 2025$179MQ2 2025$144MQ3 2025$166MQ4 2025$209MQ1 2026$171MQ2 2026$102MQ3 2026

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Rooms$63.1M62.2%-38%-26%
Food and beverage$26.0M25.6%-43%-29%
Other$12.4M12.3%-47%-41%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$102M100.0%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$102M-29%
Q2 2026$171M-4%
Q1 2026$209M-3%
Q4 2025$166M-4%
Q3 2025$144M-3%
Q2 2025$179M-4%
Q1 2025$216M-2%

From Braemar Hotels & Resorts' 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does Braemar Hotels & Resorts make money?

Braemar Hotels & Resorts (BHR) made $102M of revenue in the third quarter 2026 (Q3 2026), -29% from a year earlier. Rooms brought in $63.1M (62%); Food and beverage brought in $26.0M (26%); Other brought in $12.4M (12%).

What is Braemar Hotels & Resorts' biggest business?

Rooms: $63.1M in the third quarter 2026, 62% of revenue, -26% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.