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

Dallas , april 6, 2022 /prnewswire/ -- braemar hotels & resorts inc. (nyse: bhr) ("braemar" or the "company") reported today that the company expects to report occupancy of approximately 55% for the first quarter of 2022 with an average daily rate ("adr") of approximately $597 resulting in revpar of approximately $328. this revpar reflects an approximate increase of 69% compared to the first quarter of 2021 and an approximate increase of 20% compared to the first quarter of 2019.
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