Braemar hotels & resorts announces preliminary revpar results for fourth quarter 2022

Dallas , jan. 6, 2023 /prnewswire/ -- braemar hotels & resorts inc. (nyse: bhr) ("braemar" or the "company") reported today that the company expects to report occupancy of approximately 64% for the fourth quarter of 2022 with an average daily rate of approximately $469 resulting in revpar of approximately $301. this revpar reflects an approximate increase of 8% compared to the fourth quarter of 2021 and an approximate increase of 20% compared to the fourth quarter of 2019.
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