BRAEMAR HOTELS & RESORTS SETS FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
- DALLAS , March 21, 2025 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2025. Braemar plans to issue its earnings release for the first quarter after the market closes on Wednesday, May 7, 2025, and will host a conference call on Thursday, May 8, 2025, at 11:00 a.m.
- 03/21/2025
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Fed Looms As Sentiment Dims
- US equity markets remained under pressure this week as encouraging inflation data and a deal to avoid a government shutdown were offset by further tariff escalations and weak sentiment data. Markets struggled to agree on how the FOMC will interpret the latest economic data, with recent "hard data" showing encouraging trends while "softer" survey data has painted a far-bleaker outlook. Following its worst week in six months, the S&P 500 finished lower by another 2.3% this week - its fourth-straight week of declines - which dragged the index into "correction territory."
- 03/16/2025
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BRAEMAR HOTELS & RESORTS ADDRESSES FINAL 2025 DEBT MATURITY WITH REFINANCING OF FIVE HOTELS AND REDUCES INTEREST COSTS
- DALLAS , March 10, 2025 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has closed on a refinancing involving five hotels. The new loan totals $363 million and has a two-year initial term with three one-year extension options, subject to the satisfaction of certain conditions, taking the final maturity to 2030.
- 03/10/2025
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Braemar Hotels & Resorts And Its 10% Yielding Preferreds
- Braemar Hotels & Resorts' 8.25% Series D Preferreds offer a 10.2% yield and are trading at a roughly 18% discount to their liquidation value per share. The REIT's fiscal 2024 fourth quarter saw a 1.9% increase in comparable RevPAR. Macro uncertainty and the near-term movement of the US 10-year Treasury yield form core risks and opportunities for the preferreds.
- 03/09/2025
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Braemar Hotels & Resorts Inc. (BHR) Q4 2024 Earnings Call Transcript
- Braemar Hotels & Resorts Inc. (NYSE:BHR ) Q4 2024 Earnings Conference Call February 27, 2025 11:00 AM ET Company Participants Deric Eubanks - Chief Financial Officer Richard Stockton - President and Chief Executive Officer Chris Nixon - Executive Vice President and Head of Asset Management Conference Call Participants Michael Bellisario - Baird Jonathan Jenkins - Oppenheimer Operator Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today.
- 02/27/2025
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Braemar Hotels & Resorts (BHR) Reports Q4 Loss, Tops Revenue Estimates
- Braemar Hotels & Resorts (BHR) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of $0.10. This compares to FFO of $0.04 per share a year ago.
- 02/26/2025
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Braemar: A Luxury Hotel REIT For 'The Rich Folks'
- Braemar Hotels & Resorts is a speculative small-cap REIT with a high-yield potential, trading at a 23% discount to NAV. Despite past volatility and leverage concerns, Braemar's luxury hotel assets and experienced management provide a solid foundation for future growth. The company has successfully refinanced its debt, reducing the risk of capital destruction and supporting a "SPEC BUY" rating with a $4/share price target.
- 02/04/2025
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BRAEMAR HOTELS & RESORTS ANNOUNCES TAX REPORTING INFORMATION FOR 2024 COMMON AND PREFERRED SHARE DISTRIBUTIONS
- DALLAS , Jan. 27, 2025 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced the tax reporting (Federal Form 1099-DIV) information for the 2024 distributions on its common shares and its Series B, D, E and M preferred shares. The amounts below represent the income tax treatment applicable to each distribution that is reportable in 2024.
- 01/27/2025
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Investors Can Grab Incredible Passive Income From 5 Stocks Trading at $5 or Less
- While most of Wall Street focuses on large and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.
- 01/24/2025
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New Strong Sell Stocks for January 16th
- NGLOY, BHR and AEO have been added to the Zacks Rank #5 (Strong Sell) List on January 16, 2025.
- 01/16/2025
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BRAEMAR HOTELS & RESORTS ANNOUNCES EXTENSION OF MORTGAGE LOAN SECURED BY THE RITZ-CARLTON LAKE TAHOE
- DALLAS , Jan. 15, 2025 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it has successfully extended its mortgage loan secured by the 170-room Ritz-Carlton Lake Tahoe. The loan had an initial maturity date in January of 2025 and continues to have a final maturity date in January of 2026.
- 01/15/2025
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BRAEMAR HOTELS & RESORTS DECLARES DIVIDENDS FOR THE FIRST QUARTER OF 2025
- DALLAS , Jan. 13, 2025 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.05 per diluted share for the Company's common stock for the first quarter ending March 31, 2025. This dividend, which equates to an annual rate of $0.20 per share, is payable on April 15, 2025, to stockholders of record as of March 31, 2025.
- 01/13/2025
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BRAEMAR HOTELS & RESORTS SETS FOURTH QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
- DALLAS , Jan. 7, 2025 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2024. Braemar plans to issue its earnings release for the fourth quarter after the market closes on Wednesday, February 26, 2025, and will host a conference call on Thursday, February 27, 2025, at 11:00 a.m.
- 01/07/2025
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Braemar Hotels & Resorts: I'm Picking Up The Preferreds, They Might Still Dip
- Braemar Hotels & Resorts 8.25% Series D Preferreds have dipped markedly over the last few weeks as the US 10-year Treasury yield ramps higher. This dip could continue, but the preferreds now offer a roughly 11.08% yield on cost and trade at a large discount to their liquidation value of $25 per share. The dividends are covered by free cash flow, as recent debt refinancing and Fed rate cuts reduce interest expenses.
- 12/27/2024
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The State Of REITs: December 2024 Edition
- The REIT sector bounced back from a rough October with a strong +3.19% average total return in November. Small cap (+4.19%), mid cap (+3.70%), and large cap (+3.39%) REITs averaged gains in November, while micro caps (-0.81%) finished the month in the red. 74.19% of REIT securities had a positive total return in November.
- 12/25/2024
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Braemar Hotels & Resorts Inc. (BHR) Q3 2024 Earnings Call Transcript
- Braemar Hotels & Resorts Inc. (NYSE:BHR ) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Deric Eubanks - Chief Financial Officer Richard Stockton - President and Chief Executive Officer Chris Nixon - Executive Vice President and Head of Asset Management Conference Call Participants Jonathan Jenkins - Oppenheimer Daniel Hogan - Robert W. Baird Operator Hello and thank you for standing by.
- 11/09/2024
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Compared to Estimates, Braemar Hotels & Resorts (BHR) Q3 Earnings: A Look at Key Metrics
- The headline numbers for Braemar Hotels & Resorts (BHR) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 11/06/2024
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Braemar Hotels & Resorts (BHR) Reports Q3 Loss, Misses Revenue Estimates
- Braemar Hotels & Resorts (BHR) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.08 per share a year ago.
- 11/06/2024
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Blackwells Capital Calls on Brancous to End its Alarmist Attacks on Braemar
- Brancous' misleading accusations are not constructive and could negatively impact the Company's business Blackwells encourages all Braemar shareholders to support the enhanced Board and management team NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC (“Blackwells”), a shareholder of Braemar Hotels & Resorts Inc. (“Braemar” or the “Company”) (NYSE: BHR), today released a letter to its fellow Braemar shareholders: The full text of the letter follows: Dear Fellow Braemar Shareholders, Over the past months, Blackwells Capital, in its capacity as an engaged shareholder of Braemar Hotels & Resorts (“Braemar” or the “Company”), exchanged views with the board of directors (the “Board”) and management of Braemar. Blackwells' concerns were heard by Braemar, and Blackwells was pleased to enter into a constructive agreement with the Company, reflective of its confidence in the Board and management team to drive value for all shareholders.
- 10/29/2024
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BRAEMAR HOTELS & RESORTS ADDS HOTEL INDUSTRY VETERAN JAY SHAH TO BOARD OF DIRECTORS
- DALLAS , Oct. 7, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that Jay Shah, a seasoned hospitality and real estate executive, has joined the Board of Directors as a new independent director. "We are excited to welcome Jay to the Braemar Board of Directors," said Monty J.
- 10/07/2024
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BRAEMAR HOTELS & RESORTS DECLARES DIVIDENDS FOR THE FOURTH QUARTER OF 2024
- DALLAS , Oct. 7, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.05 per diluted share for the Company's common stock for the fourth quarter ending December 31, 2024. This dividend, which equates to an annual rate of $0.20 per share, is payable on January 15, 2025, to stockholders of record as of December 31, 2024.
- 10/07/2024
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BRAEMAR HOTELS & RESORTS SETS THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
- DALLAS , Aug. 29, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2024. Braemar plans to issue its earnings release for the third quarter after the market closes on Wednesday, November 6, 2024, and will host a conference call on Thursday, November 7, 2024, at 11:00 a.m.
- 08/29/2024
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The State Of REITs: August 2024 Edition
- The REIT sector soared in July with an +8.33% average total return and is now in the black year to date with +3.83% thus far in 2024. Small cap (+9.91%) and mid-cap REITs (+9.77%) averaged the highest total returns in July. Micro-caps (+5.85%) and large-caps (+5.53%) were also in the black in July, albeit. 86.84% of REIT securities had a positive total return in July.
- 08/25/2024
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BRAEMAR HOTELS & RESORTS REDUCES INTEREST COSTS AND EXTENDS MATURITIES WITH REFINANCING OF FIVE HOTELS
- DALLAS , Aug. 7, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has closed on a refinancing involving five hotels. The new loan totals $407 million and has a two-year initial term with three one-year extension options, subject to the satisfaction of certain conditions, taking the final maturity to 2029.
- 08/07/2024
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Cash Cows: 9 High-Yield REITs With Safe Dividends
- High-quality REITs with higher yields than usual may be a good investment opportunity. Income investors may find U.S. treasuries more appealing due to lower risk and higher yields compared to most REITs. Seeking Alpha Premium offers a Dividend Safety grade for REITs. A grade of B- or better indicates a mere 1 in 50 risk of a dividend cut.
- 08/06/2024
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Braemar Hotels & Resorts (BHR) Lags Q2 FFO and Revenue Estimates
- Braemar Hotels & Resorts (BHR) came out with quarterly funds from operations (FFO) of $0.10 per share, missing the Zacks Consensus Estimate of $0.13 per share. This compares to FFO of $0.20 per share a year ago.
- 07/31/2024
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BRAEMAR HOTELS & RESORTS ANNOUNCES SALE OF HILTON LA JOLLA TORREY PINES
- DALLAS , July 17, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has closed on the previously announced sale of the Hilton La Jolla Torrey Pines for $165 million ($419,000 per key). Including anticipated capital expenditures of $40 million, the sale price represents a 7.2% capitalization rate on net operating income for the trailing twelve months ended March 31, 2024.
- 07/17/2024
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BRAEMAR HOTELS & RESORTS DECLARES DIVIDENDS FOR THE THIRD QUARTER OF 2024
- DALLAS , July 11, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.05 per diluted share for the Company's common stock for the third quarter ending September 30, 2024. This dividend, which equates to an annual rate of $0.20 per share, is payable on October 15, 2024, to stockholders of record as of September 30, 2024.
- 07/11/2024
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A Fragile Facade
- U.S. equity markets climbed to fresh record-highs during the Independence Day week, while interest rates fell sharply after a critical slate of employment data showed evidence of cooling labor markets. Traders monitored the continued fallout from the prior week's lopsided debate, reflecting an increased probability that President Biden will step aside ahead of the November elections. Narrow market breadth - notably, the outperformance of large-cap equities over small-caps - remained a theme this week, as it has since the start of the Fed's rate hiking cycle.
- 07/07/2024
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BRAEMAR HOTELS & RESORTS AND BLACKWELLS CAPITAL ENTER INTO COOPERATION AGREEMENT
- Blackwells to Withdraw Proxy Solicitation and Vote in Favor of All Braemar Nominees and Proposals Company to Add Independent Director with Input from Blackwells, Which Will Become a Significant Shareholder DALLAS , July 2, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has entered into a cooperation agreement (the "Cooperation Agreement") with Blackwells Capital LLC ("Blackwells"). Under the terms of the Cooperation Agreement, Blackwells will withdraw its director nomination notice and proposals, cease soliciting proxies and vote in favor of all Braemar directors and proposals at the 2024 Annual Meeting of Stockholders (the "Annual Meeting").
- 07/02/2024
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Blackwells Releases Letter to Fellow Shareholders Highlighting Ongoing Corporate Piracy Being Carried Out by Braemar Chairman Monty Bennett and His Cronies
- Shareholder Campbell Capital Management Speaks Out in Support of Blackwells' Campaign for Change at Braemar Blackwells Urges Shareholders to Vote FOR Blackwells' Nominees and Proposals NEW YORK, June 21, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC (“Blackwells”), a shareholder of Braemar Hotels & Resorts Inc. (“Braemar” or the “Company”) (NYSE: BHR), today released a letter to its fellow shareholders. The full text of the letter can be found on the following page and at www.NoMoreMonty.com.
- 06/21/2024
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Blackwells Highlights Statements from Braemar's Definitive Proxy Filing
- Notes Rampant Use of Terms ‘Related Party' and ‘Conflicts of Interest' Suggests Braemar's Massive Stock Price Decline Today is Justified NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC (“Blackwells”), a shareholder of Braemar Hotels & Resorts Inc. (“Braemar” or the “Company”) (NYSE: BHR), commented on the filing of Braemar's Definitive Proxy Statement (the “Definitive Proxy”) with the Securities and Exchange Commission (the “SEC”) today. Jason Aintabi, Chief Investment Officer of Blackwells, said: “Braemar filed its Definitive Proxy and Braemar's shares finished down 7% while the markets took out record highs.
- 06/17/2024
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BRAEMAR HOTELS & RESORTS SETS SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
- DALLAS , June 17, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the second quarter ended June 30, 2024. Braemar plans to issue its earnings release for the second quarter after the market closes on Wednesday, July 31, 2024, and will host a conference call on Thursday, August 1, 2024, at 11:00 a.m.
- 06/17/2024
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Blackwells Calls out More of Mr. Bennett's Fictions
- Highlights Mr. Bennett's Expertise in Shareholder Value Extraction Urges Shareholders to Vote FOR Blackwells' Nominees and Proposals NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC (“Blackwells”), a shareholder of Braemar Hotels & Resorts Inc. (“Braemar” or the “Company”) (NYSE: BHR), responded to a press release issued by Braemar today.
- 06/11/2024
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BRAEMAR HOTELS & RESORTS LAUNCHES EXPEL BLACKWELLS WEBSITE
- Introduces www.ExpelBlackwells.com to Provide Shareholders the Facts About Blackwells' Misleading and Confusing "Campaign" to Defame Braemar Braemar Remains Committed to Acting in the Best Interests of All Shareholders to Maximize Value Encourages Shareholders to Ignore the Noise and Discard the White Proxy Card DALLAS , June 11, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced the launch of www.ExpelBlackwells.com, in connection with Braemar's 2024 Annual Meeting of Stockholders scheduled to be held on Tuesday, July 30, 2024 (the "2024 Annual Meeting"). The website provides important information regarding "activist" investor Blackwells Capital LLC's ("Blackwells") misinformation campaign against Braemar, including on the backgrounds of Blackwells' hand-picked, purported nominees and its continued attempts to mislead shareholders.
- 06/11/2024
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Blackwells Capital Releases Presentation Detailing Continued Buffoonery of Monty Bennett
- Applauds Support for Blackwells' Campaign from Other Braemar Shareholders Urges Shareholders to Vote FOR Blackwells' Nominees and Proposals NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC (“Blackwells”), a shareholder of Braemar Hotels & Resorts Inc. (“Braemar” or the “Company”) (NYSE: BHR), today released a presentation titled, “ The Continued Buffoonery of Monty Bennett .” Additionally, Blackwells is pleased to announce that independent shareholders of Braemar are speaking out and concurring with Blackwells' campaign aims: to terminate the egregious external management agreement with Ashford Inc. (“Ashford”) and to reconstitute Braemar's entrenched Board.
- 06/10/2024
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Sell These 11 REITs While You Still Can
- The next two to five years probably will not be kind to REITs. Weak REITs with messy balance sheets, weak forecast for FFO growth, unsafe dividends, and/or overvaluation are likely to suffer the most damage in any downturn. This article identifies 11 companies that fit this description.
- 06/10/2024
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10 REITs At Mega Discounts To NAV
- These REITs have a price-to-NAV range of 0.27x to 0.59x. There may be upside of more than 200% to the NAV estimate, which will probably decline over time. The estimates may be terrible. That's not my fault. You'll probably have a better time reading this, than reading my competitor's articles.
- 05/15/2024
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Is Braemar Hotels & Resorts (BHR) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 05/15/2024
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BRAEMAR HOTELS & RESORTS UPDATES STOCKHOLDERS THAT 'ACTIVIST' BLACKWELLS CAPITAL'S ATTEMPTED WITHHOLD PROXY CAMPAIGN AT ASHFORD TRUST HAS FAILED
- DALLAS , May 14, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that, based on estimated preliminary results, Blackwells Capital LLC's ("Blackwells") withhold proxy campaign at Ashford Hospitality Trust, Inc. ("Ashford Trust") proved to be a failure, as only 7% of Ashford Trust's outstanding shares voted on the Blackwells proxy card. Ashford Trust announced earlier today that seven of its nine nominees received a majority of the votes cast and the remaining two nominees were re-appointed by the Board after the meeting in accordance with Ashford Trust's corporate governance guidelines.
- 05/14/2024
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Compared to Estimates, Braemar Hotels & Resorts (BHR) Q1 Earnings: A Look at Key Metrics
- The headline numbers for Braemar Hotels & Resorts (BHR) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 05/08/2024
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Braemar Hotels & Resorts (BHR) Beats Q1 FFO and Revenue Estimates
- Braemar Hotels & Resorts (BHR) came out with quarterly funds from operations (FFO) of $0.42 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to FFO of $0.44 per share a year ago.
- 05/08/2024
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BRAEMAR HOTELS & RESORTS ANNOUNCES SHAREHOLDER VALUE CREATION PLAN
- DALLAS , May 6, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company"), reflecting its commitment to creating long-term value for shareholders, today announced notable capital market activities and strategic updates, including: The sale of Hilton Torrey Pines for $165 million, while evaluating the sale of two other hotels, The repayment of its remaining 2024 debt maturities, A $50 million preferred share redemption program, and A $50 million common share buyback authorization The Company announced today that it has signed a definitive agreement to sell the 394-room Hilton La Jolla Torrey Pines located in La Jolla, California for $165 million. Including anticipated capital expenditures of $40 million, the sale price represents a 7.2% capitalization rate on net operating income for the trailing twelve months ended March 31, 2024.
- 05/06/2024
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Higher For Longer? Focus On The Balance Sheet
- Inflation is rising, and GDP growth is slowing, posing risks to the US economy. The Federal Reserve may need to choose between fighting inflation and protecting economic growth. REITs with strong balance sheets, such as Realty Income and Prologis, are well positioned to navigate the challenges of higher inflation and rates.
- 04/27/2024
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The Gloomy Future Of Braemar Hotels And Ashford
- Braemar's dividend coverage is only at 80%, and it has a front-loaded debt repayment schedule. The company saw its AFFO per share dip by 12 cents year-over-year. The collapse of AINC and interest rates remaining higher for longer spell gloom for BHR.
- 04/17/2024
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BRAEMAR HOTELS & RESORTS REMINDS SHAREHOLDERS TO DISREGARD BLACKWELLS CAPITAL'S UNLAWFUL PROXY MATERIALS
- Recommends Shareholders Protect Their Investment by Discarding Blackwells' Illegal White Proxy Card and Waiting to Vote Until Receiving the Company's Proxy Materials and GOLD Proxy Card Reiterates that Braemar is Executing its Strategy to Maximize Value for All Shareholders DALLAS , April 11, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today sent a letter reminding shareholders to disregard any proxy materials received from activist investor Blackwells Capital LLC ("Blackwells") in connection with the Company's 2024 Annual Meeting of Stockholders (the "2024 Annual Meeting"), which is scheduled to be held on Wednesday, May 15, 2024. As previously announced on March 25, 2024, Braemar's Board of Directors (the "Board") unanimously determined that the Blackwells Nomination Notice was invalid due to Blackwells' numerous false statements and material omissions in violation of U.S. Securities and Exchange Commission ("SEC") rules and the Company's Bylaws.
- 04/11/2024
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7 Penny Stocks That Could 5X by the End of 2024
- Penny stocks could be your ticket to striking it rich. But don't expect easy money!
- 04/10/2024
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BRAEMAR HOTELS & RESORTS DECLARES DIVIDENDS FOR THE SECOND QUARTER OF 2024
- DALLAS , April 10, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors (the "Board") declared a quarterly cash dividend of $0.05 per diluted share for the Company's common stock for the second quarter ending June 30, 2024. This dividend, which equates to an annual rate of $0.20 per share, is payable on July 15, 2024, to stockholders of record as of June 28, 2024.
- 04/10/2024
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BRAEMAR HOTELS & RESORTS SETS FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
- DALLAS, March 26, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2024. Braemar plans to issue its earnings release for the first quarter after the market closes on Wednesday, May 8, 2024, and will host a conference call on Thursday, May 9, 2024, at 11:00 a.m.
- 03/26/2024
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BRAEMAR HOTELS & RESORTS ANNOUNCES REJECTION OF MATERIALLY DEFICIENT DIRECTOR NOMINATION NOTICE FROM BLACKWELLS CAPITAL
- Board Unanimously Rejected Recent Director Nomination Notice from Blackwells Due to False Statements and Material Omissions in Violation of SEC Rules and the Company's Bylaws Files Complaint to Prevent Blackwells from Launching an Illegal Proxy Solicitation and Spreading Confusion and Misinformation Among Braemar's Shareholders Complaint Details Blackwells' Plan to Take Control of the Board – in Spite of Having Invested Only $20,000 in Braemar – in Order to Sell the Company Below its Intrinsic Value to Blackwells and its Affiliates Braemar Remains Committed to Acting in the Best Interests of All Shareholders to Maximize Value DALLAS , March 25, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that on March 10, 2024, it received a notice (the "Nomination Notice") from activist investor Blackwells Capital LLC ("Blackwells") seeking to nominate four individuals for election to the Company's eight-person Board of Directors (the "Board") at the 2024 Annual Meeting of Stockholders (the "Annual Meeting"). The Board has unanimously determined that the Blackwells Nomination Notice is invalid due to numerous deficiencies, most notably a failure to disclose the fund's true objectives – which Braemar believes include an underhanded attempt to effectuate a takeover of the Company without paying an adequate price.
- 03/25/2024
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BRAEMAR HOTELS & RESORTS COMPLETES NEW FINANCING FOR THE RITZ-CARLTON RESERVE DORADO BEACH
- DALLAS , March 11, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it successfully closed on a property-level mortgage financing for the 96-room Ritz-Carlton Reserve Dorado Beach in Dorado, Puerto Rico. The $62 million non-recourse loan has a two-year term.
- 03/11/2024
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Braemar Hotels & Resorts, Inc. (BHR) Q4 2023 Earnings Call Transcript
- Braemar Hotels & Resorts, Inc. (BHR) Q4 2023 Earnings Call Transcript
- 03/01/2024
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Picking A Winner In Hotel REITs
- Hotel REITs experienced a significant drop in share value during the COVID-19 pandemic but have since recovered and outperformed the Vanguard Real Estate ETF. Consumer spending is shifting towards services like travel and leisure, which bodes well for Hotel REITs. Hotel REITs have posted the fourth-best total returns among REIT sectors in 2024, indicating their potential for future growth.
- 03/01/2024
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Braemar Hotels & Resorts (BHR) Reports Q4 Earnings: What Key Metrics Have to Say
- Although the revenue and EPS for Braemar Hotels & Resorts (BHR) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 02/29/2024
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Braemar Hotels & Resorts (BHR) Q4 FFO Match Estimates
- Braemar Hotels & Resorts (BHR) came out with quarterly funds from operations (FFO) of $0.04 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.16 per share a year ago.
- 02/29/2024
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Exploring Analyst Estimates for Braemar Hotels & Resorts (BHR) Q4 Earnings, Beyond Revenue and EPS
- Get a deeper insight into the potential performance of Braemar Hotels & Resorts (BHR) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
- 02/26/2024
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BRAEMAR HOTELS & RESORTS PROVIDES UPDATE ON 2024 DEBT MATURITIES
- DALLAS , Feb. 7, 2024 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has refinanced or extended almost all of its 2024 debt maturities. A total of approximately $300 million in debt, out of a total of approximately $330 million maturing in 2024, has been extended or refinanced as follows: Refinanced the 550-room Capital Hilton in Washington, D.C.
- 02/07/2024
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BRAEMAR HOTELS & RESORTS SETS FOURTH QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
- DALLAS , Dec. 27, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2023. Braemar plans to issue its earnings release for the fourth quarter after the market closes on Thursday, February 29, 2024, and will host a conference call on Friday, March 1, 2024, at 11:00 a.m.
- 12/27/2023
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Rewarding You: 7 REITs Yielding High Goldilocks-Zone Dividends
- Identifying potentially habitable planets in the Goldilocks Zone is a primary focus in the search for extraterrestrial intelligence. Similarly, in dividend investing, there is a Goldilocks Zone where companies take just the right amount of risk with their dividend payouts. The Seeking Alpha Premium Quant Ratings system assigns Dividend Safety grades to predict the likelihood of a dividend cut for a given company.
- 12/15/2023
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Braemar: One Of The Highest Potential Spec-Buys Out There
- Braemar Hotels has experienced a significant decline in its stock price, reaching a dirt-level valuation not seen since the COVID-19 crisis. The company has a significant risk profile, but it has managed to survive a year of negative results and has improved its situation for the future. While Braemar stock is not a safe investment, it may be suitable for investors with the right risk profile looking for a 5-9% yield and appreciation potential.
- 11/20/2023
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Compared to Estimates, Braemar Hotels & Resorts (BHR) Q3 Earnings: A Look at Key Metrics
- The headline numbers for Braemar Hotels & Resorts (BHR) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 11/08/2023
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BRAEMAR HOTELS & RESORTS ANNOUNCES DATE CHANGE FOR THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL
- DALLAS , Oct. 16, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it is moving its third quarter 2023 earnings release and earnings conference call to one day earlier. Braemar plans to issue its earnings release for the third quarter after the market closes on Wednesday, November 8, 2023, and will host a conference call on Thursday, November 9, 2023, at 11:00 a.m.
- 10/16/2023
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9 REITs Blown Apart, Holding Serious 2024 Rebound Potential
- Sharply higher long-term borrowing costs for real estate during late summer have been a huge headwind for REIT operations and investment valuations. The demand for commercial real estate, especially office space, is being questioned with the appearance of stay-at-home living/work trends. However, things change. A slower economy into 2024 could reverse interest rates lower and pinpoint a bottom in REIT pessimism.
- 10/06/2023
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BRAEMAR HOTELS & RESORTS SETS THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
- DALLAS , Sept. 19, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2023.
- 09/19/2023
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Braemar Hotels & Resorts: Bad Q2, Even Worse Balance Sheet
- Braemar Hotels & Resorts reported a net loss of $13 million in Q2 2023, with a decline in revenue per available room and average daily rate. Concerns arise from the company's substantial debt obligations due next year. The company's historical share price, a reflection of market sentiment, shows a long-term decline.
- 08/08/2023
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Braemar Hotels & Resorts: Avoid The Commons Forever
- Braemar's dividend yield has been pushed to a 3-year high on the back of stock price weakness. The hotel REIT has seen adjusted funds from operations and revenue per available room decline over their year-ago comps. Dividend coverage sits at around 100%, but future payouts look uncertain against a $435 million debt maturity next year in June.
- 08/06/2023
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BRAEMAR HOTELS & RESORTS SETS SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
- DALLAS , June 19, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the second quarter ended June 30, 2023. Braemar plans to issue its earnings release for the second quarter after the market closes on Tuesday, August 1, 2023, and will host a conference call on Wednesday, August 2, 2023, at 12:00 p.m.
- 06/19/2023
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BRAEMAR HOTELS & RESORTS TO PRESENT AT NAREIT'S REITWEEK 2023 INVESTOR CONFERENCE
- DALLAS , June 2, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that Richard Stockton, Braemar's President and Chief Executive Officer, is scheduled to present to the investment community at Nareit's REITweek 2023 Investor Conference, on Tuesday, June 6, 2023, at 11:45 a.m. Eastern Time.
- 06/02/2023
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Braemar Hotels & Resorts: Occupancy Rates Are Coming Up Fast
- The comparable RevPAR in Q1 2023 increased by 8.4% to $369, occupancy showed an impressive increase of 18.4% to 64.9%. The company is trading on attractive valuations with only 0.65x its book value.
- 05/27/2023
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Braemar Hotels & Resorts (BHR) Surpasses Q1 FFO and Revenue Estimates
- Braemar Hotels & Resorts (BHR) came out with quarterly funds from operations (FFO) of $0.44 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to FFO of $0.41 per share a year ago.
- 05/02/2023
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Down -20.77% in 4 Weeks, Here's Why Braemar Hotels & Resorts (BHR) Looks Ripe for a Turnaround
- Braemar Hotels & Resorts (BHR) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
- 03/27/2023
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BRAEMAR HOTELS & RESORTS SETS FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
- DALLAS , March 24, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2023. Braemar plans to issue its earnings release for the first quarter after the market closes on Tuesday, May 2, 2023, and will host a conference call on Wednesday, May 3, 2023, at 11:00 a.m.
- 03/24/2023
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New Strong Buy Stocks for March 15th
- TRIN, CERT, WPP, NUE and BHR have been added to the Zacks Rank #1 (Strong Buy) List on March 15, 2023.
- 03/15/2023
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Best Value Stocks to Buy for March 15th
- GSL, BHR and WPP made it to the Zacks Rank #1 (Strong Buy) value stocks list on March 15, 2023.
- 03/15/2023
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Braemar Hotels & Resorts, Inc. (BHR) Q4 2022 Earnings Call Transcript
- Braemar Hotels & Resorts, Inc. (NYSE:BHR ) Q4 2022 Earnings Conference Call February 23, 2023 11:00 AM ET Company Participants Jordan Jennings - Investor Relations Richard Stockton - President and Chief Executive Officer Deric Eubanks - Chief Financial Officer Christopher Nixon - Executive Vice President and Head of Asset Management Conference Call Participants Tyler Batory - Oppenheimer Michael Bellisario - Baird Operator Greetings, and welcome to the Braemar Hotels & Resorts, Inc. Fourth Quarter 2022 Results Conference Call. At this time, all participants are in a listen-only mode.
- 02/23/2023
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Braemar Hotels & Resorts (BHR) Tops Q4 FFO and Revenue Estimates
- Braemar Hotels & Resorts (BHR) delivered FFO and revenue surprises of 45.45% and 5.34%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/22/2023
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Hotel REITs: Dividends Are Back
- Despite lingering recession concerns and recent travel disruptions, Hotel REITs have been among the better-performing sectors over the past year, buoyed by steady post-pandemic operating improvement fueling long-awaited dividend resumptions. Several years of pent-up leisure demand helped to offset a sluggish business and group travel recovery. Hotel revenues eclipsed record highs in 2022, but with wide dispersion between markets and segments.
- 01/25/2023
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Braemar Hotels & Resorts: Dividend Payouts Are Growing
- Braemar is finally growing its dividend payouts after a 2-year suspension on the back of the pandemic. The hotel REIT has launched a $25 million common share buyback program as it executes on acquisitions meant to build back revenue and earnings.
- 01/19/2023
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The State Of REITs: January 2023 Edition
- The REIT sector ended a brutal 2022 on a low note, with a -7.72% total return in December. Large cap (-4.89%), mid cap (-6.03%) and small cap (-8.21%) REITs all averaged single-digit declines December, but micro caps (-15.21%) fell much more sharply.
- 01/10/2023
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Welcome Back, Goldilocks
- U.S. equity markets rallied on the first week of the year after employment data showed strong job growth alongside a cool down in wage pressures, reviving hopes of a 'soft landing'. After posting declines of nearly 20% in 2022, the S&P 500 advanced 1.5% on the week- snapping a three-week skid- while the domestic-focused Mid-Cap 400 and Small-Cap 600 gained 2.5%.
- 01/08/2023
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BRAEMAR HOTELS & RESORTS SETS FOURTH QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
- DALLAS , Jan. 5, 2023 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2022. Braemar plans to issue its earnings release for the fourth quarter after the market closes on Wednesday, February 22, 2023, and will host a conference call on Thursday, February 23, 2023, at 11:00 a.m.
- 01/05/2023
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Good Riddance, 2022
- U.S. equity markets closed out their worst year since the Financial Crisis with a fourth-straight week of declines as Treasury yields jumped back to seven-week highs on renewed inflation and COVID concerns. Dragging its full-year declines to nearly 20%, the S&P 500 slipped 0.1% this week while the tech-heavy Nasdaq dipped another 0.4%, shedding nearly a third of its value in 2022.
- 01/01/2023
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The State Of REITs: November 2022 Edition
- The REIT sector achieved only its 3rd month in the black out of the first 10 months of 2022 with a +8.69% total return in October. Large cap REITs (+2.92%) averaged small gains, micro caps (+7.36%) and mid caps (+8.11%) had moderate gains and small caps (+12.85%) surged.
- 11/07/2022
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Braemar Hotels & Resorts Inc. (BHR) Q3 2022 Earnings Call Transcript
- Braemar Hotels & Resorts Inc. (NYSE:BHR ) Q3 2022 Earnings Conference Call November 3, 2022 12:00 PM ET Company Participants Jordan Jennings - Manager, Investor Relations Richard Stockton - President and Chief Executive Officer Deric Eubanks - Chief Financial Officer Chris Nixon - Executive Vice President and Head, Asset Management Conference Call Participants Bryan Maher - B. Riley Securities Operator Greetings and welcome to the Braemar Hotels and Resorts, Inc. Third Quarter 2022 Results Conference Call.
- 11/05/2022
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Braemar Hotels & Resorts (BHR) Q3 FFO and Revenues Lag Estimates
- Braemar Hotels & Resorts (BHR) delivered FFO and revenue surprises of -20% and 0.61%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 11/02/2022
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Should Value Investors Buy Braemar Hotels & Resorts (BHR) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/24/2022
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New Strong Buy Stocks for October 24th
- BXRX, WOLF, GHRS, RKDA and BHR have been added to the Zacks Rank #1 (Strong Buy) List on October 24, 2022.
- 10/24/2022
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Best Value Stocks to Buy for October 24th
- BHR, FCCO and ENVA made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 24, 2022.
- 10/24/2022
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Braemar Hotels: Turn A Risky 1% Yield Into A Safer 8-9% Yield
- The REIT has shown strong recovery in 2022 with rising rates and occupancy levels returning to pre-pandemic levels. I do not see a significant dividend raise on the common shares in the near term with slowing economic activity and rising interest rates.
- 10/14/2022
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Braemar Hotels & Resorts Inc. (BHR) CEO Richard Stockton on Q2 2022 Results - Earnings Call Transcript
- Braemar Hotels & Resorts Inc. (NYSE:BHR ) Q2 2022 Earnings Conference Call August 4, 2022 11:00 AM ET Company Participants Jordan Jennings - Manager of IR Richard Stockton - President, CEO and Director Deric Eubanks - CFO and Treasurer Christopher Nixon - Senior VP and Head of Asset Management Conference Call Participants Tyler Batory - Oppenheimer Michael Bellisario - Baird Operator Greetings, and welcome to the Braemar Hotels & Resorts, Inc. Second Quarter 2022 Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
- 08/06/2022
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Braemar Hotels & Resorts (BHR) Tops Q2 FFO and Revenue Estimates
- Braemar Hotels & Resorts (BHR) delivered FFO and revenue surprises of 48% and 16.56%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 08/03/2022
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New Strong Buy Stocks for July 18th
- DINO, LBRT, BHR, LAD, and PLUS have been added to the Zacks Rank #1 (Strong Buy) List on July 18, 2022.
- 07/18/2022
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BRAEMAR HOTELS & RESORTS SETS SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
- DALLAS , June 22, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the second quarter ended June 30, 2022. Braemar plans to issue its earnings release for the second quarter after the market closes on Wednesday, August 3, 2022, and will host a conference call on Thursday, August 4, 2022, at 11:00 a.m.
- 06/22/2022
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Braemar Hotels & Resorts (BHR) Moves 8.4% Higher: Will This Strength Last?
- Braemar Hotels & Resorts (BHR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
- 06/16/2022
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Braemar Hotels & Resorts Is An Interesting Pick
- The company has been hurt by the pandemic. The company has recently showed signs of recovery.
- 05/30/2022
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Is Braemar Hotels & Resorts (BHR) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 05/24/2022
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Braemar Hotels & Resorts Inc. (BHR) CEO Richard Stockton on Q1 2022 Results - Earnings Call Transcript
- Braemar Hotels & Resorts Inc. (NYSE:BHR ) Q1 2022 Results Conference Call May 5, 2022 11:00 AM ET Company Participants Jordan Jennings - Manager, Investor Relations Richard Stockton - President and CEO Deric Eubanks - Chief Financial Officer Chris Nixon - Senior Vice President and Head, Asset Management Conference Call Participants Tyler Batory - Oppenheimer Kyle Menges - B. Riley Securities Operator Greetings, and welcome to Braemar Hotels & Resorts Inc. First Quarter 2022 Results Conference Call.
- 05/07/2022
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Braemar Hotels & Resorts (BHR) Beats Q1 FFO and Revenue Estimates
- Braemar Hotels & Resorts (BHR) delivered FFO and revenue surprises of 127.78% and 14.79%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/04/2022
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Ho-Ho-Hotels: Pack Up The Sled, Who Cares About The Fed
- As I became a real estate developer, I never had an itch to own motels or hotels.
- 03/25/2022
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Sunstone Hotel Investors: An Important Revision
- Sunstone Hotel Investors: An Important Revision
- 03/06/2022
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Braemar Hotels & Resorts, Inc.'s (BHR) CEO Richard Stockton on Q4 2021 Results - Earnings Call Transcript
- Braemar Hotels & Resorts, Inc.'s (BHR) CEO Richard Stockton on Q4 2021 Results - Earnings Call Transcript
- 02/25/2022
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BRAEMAR HOTELS & RESORTS SETS FOURTH QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
- DALLAS, Jan. 3, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2021. Braemar plans to issue its earnings release for the fourth quarter after the market closes on Thursday, February 24, 2022, and will host a conference call on Friday, February 25, 2022, at 11:00 a.m.
- 01/03/2022
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Braemar Hotels & Resorts' (BHR) CEO Richard Stockton on Q3 2021 Results - Earnings Call Transcript
- Braemar Hotels & Resorts' (BHR) CEO Richard Stockton on Q3 2021 Results - Earnings Call Transcript
- 10/28/2021
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Braemar Hotels & Resorts (BHR) Lags Q3 FFO Estimates
- Braemar Hotels & Resorts (BHR) delivered FFO and revenue surprises of -5.56% and 24.36%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 10/27/2021
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Braemar Hotels & Resorts To Ring Opening Bell At NYSE
- DALLAS, Oct. 12, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that the Company's management team will ring the New York Stock Exchange's Opening Bell on Wednesday, October 13, 2021, in conjunction with its 2021 Investor & Analyst Day. In addition to live television coverage, the Opening Bell will ring at 9:30 a.m.
- 10/12/2021
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Braemar Hotels & Resorts To Host Investor & Analyst Day
- DALLAS, Oct. 5, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it will host an Investor & Analyst Day in New York City on Tuesday, October 12, 2021, at the Park Lane Hotel. A live webcast of the virtual event will be available at the Company's website at www.bhrreit.com.
- 10/05/2021
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Braemar Hotels & Resorts Announces Preliminary RevPAR Results For Third Quarter 2021
- DALLAS, Oct. 5, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") reported today preliminary portfolio occupancy of 56.4% for the month of September with an average daily rate ("ADR") of approximately $333 resulting in RevPAR of approximately $188. This RevPAR reflects an approximate increase of 166.7% versus September 2020 and a decline of approximately 20.8% versus September 2019.
- 10/05/2021
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Braemar Hotels & Resorts Declares Preferred Dividends For Fourth Quarter Of 2021
- DALLAS, Oct. 4, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend for the fourth quarter ending December 31, 2021, of $0.3438 per diluted share, for the Company's 5.5% Series B Cumulative Convertible Preferred Stock. This dividend is payable on January 18, 2022, to shareholders of record as of December 31, 2021.
- 10/04/2021
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Braemar Hotels & Resorts Announces Maturity Extensions For The Mortgage Loans On Its Napa Valley Hotels
- DALLAS, Sept. 27, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it has finalized an extension of its mortgage loans for the Bardessono Resort & Spa with a final maturity in August 2022, and the Hotel Yountville with a final maturity in May 2022.
- 09/27/2021
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Braemar Hotels & Resorts Sets Third Quarter Earnings Release And Conference Call Dates
- DALLAS, Sept. 23, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2021.
- 09/23/2021
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Braemar Hotels & Resorts Provides Update On Recent Operating Performance
- DALLAS, Sept. 15, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") reported today preliminary portfolio occupancy of 59.2% for the month of August with an average daily rate ("ADR") of approximately $345.88 resulting in RevPAR of approximately $204.69.
- 09/15/2021
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Braemar Hotels & Resorts Provides Update On Recent Operating Performance
- DALLAS, Aug. 10, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") reported today preliminary portfolio occupancy of 69.6% for the month of July with an average daily rate ("ADR") of approximately $387 resulting in RevPAR of approximately $269. This RevPAR result represents an approximate increase of 197% versus July 2020 and an approximate increase of 14% versus July 2019.
- 08/10/2021
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Braemar Hotels & Resorts Completes Acquisition Of The Mr. C Beverly Hills Hotel
- DALLAS, Aug. 5, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has completed the acquisition of the 138-room Mr. C Beverly Hills Hotel in Los Angeles, California (the "Mr.
- 08/05/2021
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Bull Of The Day: Braemar Hotels and Resorts (BHR)
- This stock has a great valuation and luxury names like this need not worry about the impact of inflation.
- 08/03/2021
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Braemar Hotels & Resorts' (BHR) CEO Richard Stockton on Q2 2021 Results - Earnings Call Transcript
- Braemar Hotels & Resorts' (BHR) CEO Richard Stockton on Q2 2021 Results - Earnings Call Transcript
- 07/30/2021
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Braemar Hotels & Resorts Announces Preliminary Second Quarter 2021 Results
- DALLAS, July 22, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) (the "Company" or "Braemar"), announced today its preliminary expectations for net loss attributable to common stockholders, Adjusted EBITDAre, and Adjusted FFO for the second quarter ended June 30, 2021. The Company reported today a preliminary estimated range of net loss attributable to common stockholders of approximately $(16.3) million to $(14.9) million or $(0.34) to $(0.31) per share, a preliminary estimated range of Adjusted EBITDAre of $18.9 million to $20.3 million, and a preliminary estimated range of Adjusted FFO available to common stockholders, OP unitholders, Series B Cumulative Convertible preferred stockholders and convertible note holders on an "as converted" basis of $12.3 million to $13.7 million for the second quarter ended June 30, 2021.
- 07/22/2021
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Braemar Hotels & Resorts: Risky Play, But Upside Could Be Substantial
- Braemar Hotels & Resorts is inherently more risky than pure hotel stocks given their status as a hotel REIT. However, should demand for business travel and in-person group events rebound quicker than expected, I anticipate potentially significant upside for the company.
- 07/22/2021
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Braemar Hotels & Resorts Declares Preferred Dividends For Third Quarter Of 2021
- DALLAS, July 14, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that its Board of Directors authorized, and the Company declared, regular cash dividends on the Company's outstanding shares of preferred stock for the third quarter ending September 30, 2021, as follows: a quarterly cash dividend of $0.3438 per share for the Company's 5.50% Series B Cumulative Convertible Preferred Stock, which equates to an annual rate of $1.375 per share, payable on October 15, 2021 to stockholders of record as of September 30, 2021; a quarterly cash dividend of $0.5156 per share for the Company's 8.25% Series D Cumulative Preferred Stock, which equates to an annual rate of $2.0625 per share, payable on October 15, 2021 to stockholders of record as of September 30, 2021; monthly cash dividends for the Company's Series E Redeemable Preferred Stock equal to a quarterly rate of $0.50 per share and an annual rate of $2.00 per share, payable as follows: $0.1666 per share will be paid on August 16, 2021 to stockholders of record as of July 30, 2021; $0.1666 per share will be paid on September 15, 2021 to stockholders of record as of August 31, 2021; and $0.1666 per share will be paid on October 15, 2021 to stockholders of record as of September 30, 2021; and monthly cash dividends for the Company's Series M Redeemable Preferred Stock equal to a quarterly rate of $0.5125 per share and an annual rate of $2.05 per share, payable as follows: $0.1708 per share will be paid on August 16, 2021 to stockholders of record as of July 30, 2021; $0.1708 per share will be paid on September 15, 2021 to stockholders of record as of August 31, 2021; and $0.1708 per share will be paid on October 15, 2021 to stockholders of record as of September 30, 2021. As of July 9, 2021 there were 22,010 shares of the Company's Series E Redeemable Preferred Stock and no shares of the Company's Series M Redeemable Preferred Stock issued and outstanding.
- 07/14/2021
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Braemar Hotels & Resorts Set To Join The Russell 2000®, Russell 3000® And Russell Microcap® Indexes
- DALLAS, June 28, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) (the "Company" or "Braemar"), announced today that the Company will be added to the U.S. small-cap Russell 2000® Index, the U.S. broad-market Russell 3000® Index, and the Russell Microcap® Index, as part of the Russell Indexes annual reconstitution. The additions will be effective after the U.S. market opens on June 28, 2021.
- 06/28/2021
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Braemar Hotels & Resorts To Present At Nareit's REITweek 2021 Virtual Investor Conference
- DALLAS, June 7, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that Company executives are scheduled to present to the investment community at Nareit's REITweek 2021 Virtual Investor Conference, on Thursday, June 10, 2021, at 9:45 a.m. Eastern Time.
- 06/07/2021
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Braemar Hotels & Resorts: A Turnaround Candidate
- Braemar Hotels & Resorts has had a rocky time recently, with some pain caused by the COVID-19 pandemic.
- 05/21/2021
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Braemar Hotels & Resorts: Risk Remains, But Further Upside Possible
- Braemar Hotels & Resorts stands to benefit significantly from a rebound in demand for domestic travel in the United States.
- 05/20/2021
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Braemar Hotels & Resorts Announces Exercise In Full Of Initial Purchaser's Option To Purchase Additional Notes And Subsequent Closing Of Convertible Senior Notes Offering
- DALLAS, May 18, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) (the "Company" or "Braemar") today announced that it has closed its previously announced private placement of $86.25 million aggregate principal amount of its 4.5% Convertible Senior Notes due 2026 (the "Notes"), including $11.25 million aggregate principal amount of Notes sold pursuant to the exercise in full of the initial purchaser's option to purchase additional Notes. The Notes pay interest semi-annually at a rate of 4.5% per annum.
- 05/18/2021
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Why Braemar Hotels & Resorts Popped 18.5% Today
- A bigger debt deal is being cheered by investors today.
- 05/14/2021
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Braemar Hotels & Resorts Announces Pricing of $75 Million Convertible Senior Notes Offering
- DALLAS, May 14, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) (the "Company" or "Braemar") announced today the pricing of its private placement of $75 million aggregate principal amount of its 4.5% Convertible Senior Notes due 2026 (the "Notes"). Braemar has granted the initial purchaser of the Notes a 13-day option to purchase up to an additional $11.25 million aggregate principal amount of the Notes.
- 05/14/2021
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Braemar Hotels & Resorts Announces Proposed $50 Million Convertible Senior Notes Offering
- DALLAS, May 12, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) (the "Company" or "Braemar"), announced today that it has commenced a private placement, subject to market conditions and other factors, of $50 million aggregate principal amount of Convertible Senior Notes due 2026 (the "Notes"). Braemar plans to grant the initial purchaser of the Notes a 13-day option to purchase up to an additional $7.5 million aggregate principal amounts of the Notes.
- 05/12/2021
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Braemar Hotels & Resorts (BHR) CEO Richard Stockton on Q1 2021 Results - Earnings Call Transcript
- Braemar Hotels & Resorts (BHR) CEO Richard Stockton on Q1 2021 Results - Earnings Call Transcript
- 05/08/2021
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Strength Seen in Braemar Hotels & Resorts (BHR): Can Its 5.3% Jump Turn into More Strength?
- Braemar Hotels & Resorts (BHR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in FFO estimate revisions could translate into further price increase in the near term.
- 05/04/2021
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Braemar Hotels & Resorts Announces Preliminary First Quarter 2021 Results
- DALLAS, April 22, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) (the "Company" or "Braemar"), announced today its preliminary expectations for net loss attributable to common stockholders, Adjusted EBITDAre, and Adjusted FFO for the first quarter ended March 31, 2021. The Company reported today a preliminary estimated range of net loss attributable to common stockholders of approximately $(11.7) million to $(10.7) million or $(0.29) to $(0.27) per share, a preliminary estimated range of Adjusted EBITDAre of $16.1 million to $17.1 million, and a preliminary estimated range of Adjusted FFO available to common stockholders, OP unitholders and Series B Cumulative Convertible preferred stockholders on an "as converted" basis of $9.7 million to $10.7 million for the first quarter ended March 31, 2021.
- 04/22/2021
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Braemar Hotels & Resorts Sets First Quarter Earnings Release And Conference Call Dates
- DALLAS, March 25, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2021. Braemar plans to issue its earnings release for the first quarter after the market closes on Wednesday, May 5, 2021, and will host a conference call on Thursday, May 6, 2021 at 11:00 a.m.
- 03/25/2021
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Braemar Hotels & Resorts, Inc. (BHR) CEO Richard Stockton on Q4 2020 Results - Earnings Call Transcript
- Braemar Hotels & Resorts, Inc. (BHR) CEO Richard Stockton on Q4 2020 Results - Earnings Call Transcript
- 02/26/2021
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Braemar Hotels & Resorts, Inc: Risky, But Potential Upside Significant
- Braemar Hotels & Resorts has taken a hit from lower hotel occupancy rates as a result of the COVID-19 pandemic.
- 02/15/2021
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Braemar Hotels & Resorts Has Faced The Worst Of The Pandemic
- Braemar has experienced improved sentiment since the announcement of an effective vaccine. The company's Q3 2020 results show a strong quarter-over-quarter improvement, albeit year-over-year comparables remains poor.
- 12/03/2020
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REIT Management Matters - How To Pick The Right Ones
- Skill and integrity of management is one of the most important aspects of a REIT. A large portion of my analysis goes into vetting management.
- 11/27/2020
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REIT Earnings Halftime Report: Dividend Cuts, No More
- Did the rent get paid? We're at the halfway-point of another newsworthy REIT earnings season. Results thus far have been better-than-expected as dividend cuts have given way to dividend boosts. After 63 equity REITs and 32 mortgage REITs cut dividends in Q2, just three REITs have announced a reduction since then while 38 REITs have raised dividends above pre-pandemic rates.
- 10/30/2020
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Braemar Hotels & Resorts, Inc.'s (BHR) CEO Richard Stockton on Q3 2020 Results - Earnings Call Transcript
- Braemar Hotels & Resorts, Inc.'s (BHR) CEO Richard Stockton on Q3 2020 Results - Earnings Call Transcript
- 10/29/2020
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Critical Survey: Ashford (AINC) vs. Its Peers
- Ashford (NYSE: AINC) is one of 44 public companies in the “Management consulting services” industry, but how does it compare to its competitors? We will compare Ashford to similar companies based on the strength of its earnings, profitability, risk, institutional ownership, analyst recommendations, valuation and dividends. Earnings & Valuation This table compares Ashford and its […]
- 10/20/2020
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Analyzing Ashford (AINC) and The Competition
- Ashford (NYSE: AINC) is one of 44 public companies in the “Management consulting services” industry, but how does it compare to its rivals? We will compare Ashford to similar businesses based on the strength of its institutional ownership, profitability, analyst recommendations, dividends, earnings, risk and valuation. Earnings & Valuation This table compares Ashford and its […]
- 10/19/2020
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Financial Review: Ashford (AINC) & Its Rivals
- Ashford (NYSE: AINC) is one of 44 public companies in the “Management consulting services” industry, but how does it contrast to its competitors? We will compare Ashford to similar businesses based on the strength of its dividends, institutional ownership, risk, valuation, earnings, profitability and analyst recommendations. Valuation & Earnings This table compares Ashford and its […]
- 10/10/2020
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Theresa May leads Tory rebellion against planning reforms
- MPs say reforms will ‘erode local democracy, reduce affordable housing and encroach on our beautiful countryside’
- 10/08/2020
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Why Ashford Hospitality Trust's Stock Is Trading Lower Today
- Ashford Hospitality Trust (NYSE: AHT) shares are trading lower on Wednesday after the company announced the holders of the company's stock have voted to approve the proposed...
- 10/07/2020
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REITs Rally Despite October Surprise
- U.S. equity markets snapped a four-week losing streak on a frenetic week of economic data and political developments that culminated with the hospitalization of the President of the United States.
- 10/03/2020
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Ashford Hospitality Trust, Inc. : Announces Extension Of Exchange Offers To October 30, 2020 And Waiver Of Certain Conditions To The Exchange Offers | MarketScreener
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Ashford Castle expects large reduction in its revenues this year
- Five-star hotel has reduced the number of rooms on offer from 83 to 60 due to Covid-19 protocols
- 10/02/2020
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Zovio: Well-Diversified Educational Business Poised For Growth (NASDAQ:ZVO)
- Zovio’s sale of Ashford University provides great potential as Zovio can target a whole new customer segment and does not bear any operating costs.
- 09/28/2020
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Analyzing Ashford (AINC) and Its Peers
- Ashford (NYSE: AINC) is one of 43 public companies in the “Management consulting services” industry, but how does it compare to its competitors? We will compare Ashford to similar companies based on the strength of its risk, profitability, institutional ownership, earnings, valuation, dividends and analyst recommendations. Analyst Recommendations This is a breakdown of recent recommendations […]
- 09/28/2020
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Head to Head Review: Ashford (AINC) and The Competition
- Ashford (NYSE: AINC) is one of 43 public companies in the “Management consulting services” industry, but how does it weigh in compared to its rivals? We will compare Ashford to related companies based on the strength of its institutional ownership, dividends, risk, analyst recommendations, valuation, profitability and earnings. Analyst Ratings This is a summary of […]
- 09/25/2020
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Comparing Ashford (AINC) & Its Peers
- Ashford (NYSE: AINC) is one of 37 public companies in the “Management consulting services” industry, but how does it contrast to its competitors? We will compare Ashford to similar businesses based on the strength of its profitability, institutional ownership, analyst recommendations, dividends, earnings, valuation and risk. Insider and Institutional Ownership 13.7% of Ashford shares are […]
- 09/20/2020
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Here's Why My REITs Beat Your REITs
- Over the last several years we've seen larger equity REITs consistently outperform, but the gap becomes even larger with the recession.
- 09/14/2020
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Mid-Morning Market Update: Markets Open Higher; AstraZeneca Halts Coronavirus Vaccine Study
- Following the market opening Wednesday, the Dow traded up 1.65% to 27955.71 while the NASDAQ rose 1.92% to 11055.64. The S&P also rose, gaining 1.81% to 3,392.02.
The U.S. has...
- 09/09/2020
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Braemar Hotels & Resorts, Inc.: Still Problematic
- International travel continues to be stymied by COVID-19, severely impacting the tourism industry. COVID restrictions and a lack of consumer confidence contributed to BHR losing more than two-thirds of its value over the past six months.
- 09/08/2020
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A Director at Ashford Hospitality (NYSE: AHT) is Buying Shares - Markets
- Yesterday, a Director at Ashford Hospitality (AHT – Research Report), Benjamin Ansell, bought shares of AHT for $38.5K. This recent
- 08/11/2020
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It's 'Still' Not The Time To Be A High-Yield REIT Investor
- REITs are still a worthwhile category to consider. COVID-19 hasn’t changed that fact.
- 08/08/2020
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Ashford Hospitality (AHT) Receives a Hold from B.Riley FBR - Markets
- In a report released today, Bryan Maher from B.Riley FBR maintained a Hold rating on Ashford Hospitality (AHT – Research
- 08/05/2020
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WSJ News Exclusive | University of Arizona to Acquire Ashford University in Online Push
- The University of Arizona is acquiring the assets of for-profit college Ashford University from Zovio in an effort to establish itself as a major competitor in online education and attract more working-adult students.
- 08/03/2020
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Braemar Hotels & Resorts, Inc. (BHR) Q2 2020 Earnings Call Transcript
- It is now my pleasure to turn the call over to Jordan Jennings, Investor Relations for Braemar Hotels & Resorts. Good morning and welcome to today's call to review results for Braemar Hotels & Resorts for the second quarter of 2020 and to update you on recent developments.
- 07/31/2020
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Braemar Hotels & Resorts, Inc. (BHR) CEO Richard Stockton on Q2 2020 Results - Earnings Call Transcript
- Braemar Hotels & Resorts, Inc. (NYSE:BHR) Q2 2020 Results Earnings Conference Call July 31, 2020, 11:00 AM ET Company Participants Jordan Jennings - Manager Investor Relations Richard Stockton - President and Chief Executive Officer Deric Eubanks - Chief Financial Officer Jeremy Welter - Chief Operating Officer Conference Call Participants Bryan Maher - B.
- 07/31/2020
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Braemar Hotels & Resorts Sees Unusually Large Options Volume (NYSE:BHR)
- Braemar Hotels & Resorts (NYSE:BHR) was the recipient of unusually large options trading on Friday. Stock traders bought 2,248 call options on the company. This is an increase of 1,013% compared to the typical daily volume of 202 call options. Shares of Braemar Hotels & Resorts stock opened at $2.66 on Friday. The company has […]
- 07/18/2020
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Deutsche Bank Thinks Ashford Hospitality's Stock is Going to Recover - Markets
- In a report released today, Chris Woronka from Deutsche Bank maintained a Buy rating on Ashford Hospitality (AHT – Research
- 07/16/2020
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Implied Volatility Surging for Braemar Hotels & Resorts (BHR) Stock Options
- Investors need to pay close attention to Braemar Hotels & Resorts (BHR) stock based on the movements in the options market lately.
- 07/14/2020
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CT Among 3 Lowest States For Positive Coronavirus Test Rate
- CT Among 3 Lowest States For Positive Test Rate - Across Connecticut, CT - Connecticut continues to push its positive coronavirus test rate lower and lower.
- 07/02/2020
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PARAMOUNT BUSINESS JETS AND EXCEPTIONAL VILLAS ANNOUNCE MARKETING PARTNERSHIP
- Collaboration between Exceptional Villas and Paramount Business Jets
- 07/02/2020
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For And Against Speculative REITs
- We discuss how one might identify a REIT as speculative. We consider why one might want to invest in such REITs. We use a screen to identify likely speculative
- 07/01/2020
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Do Hedge Funds Love Braemar Hotels & Resorts Inc. (BHR)?
- Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
- 06/30/2020
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CT Coronavirus Updates: New Milestone For Hospitalizations
- CT Coronavirus Updates - Across Connecticut, CT - While coronavirus numbers are spiking seemingly everywhere that isnt the case in Connecticut.
- 06/30/2020
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Big Hotel Owners Stand to Gain From a Government-Orchestrated Debt Relief | MarketScreener
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CT Coronavirus Updates: Hospitalizations Drop Significantly
- CT Coronavirus Updates - Across Connecticut, CT - Here is a look at the number of coronavirus cases, deaths and people tested per town in Connecticut.
- 06/28/2020
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New destination for ROBINSON: TUI's premium brand to launch a new club resort in Cyprus in summer 2021 | MarketScreener
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CT On Track To Contain Coronavirus New Report Says
- Coronavirus Cases In CT Continue To Decline - Across Connecticut, CT - A new study explains in detail how Connecticut is doing with regard to slowing down the spread of the coronavirus.
- 06/25/2020
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CT Surpasses 400,000 Coronavirus Tests Administered
- CT Surpasses 400k Coronavirus Tests Administered - Across Connecticut, CT - Connecticut is 10th in the nation for most tests per capita.
- 06/24/2020
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Zacks Investment Research Downgrades Ashford (NYSEAMERICAN:AINC) to Hold
- Ashford (NYSEAMERICAN:AINC) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Monday, Zacks.com reports. According to Zacks, “Ashford Inc. is a provider of asset management and other services to companies within the hospitality industry. It is focused on managing real estate, hospitality, and securities platforms. […]
- 06/24/2020
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CT Positive Coronavirus Rate Hovers Around 1 Percent
- CT Positive Coronavirus Rate Hovers Around 1% - Across Connecticut, CT - The state continues its trend of keeping the virus from spreading,
- 06/23/2020
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Could a cat allergy save you from a severe case of Covid-19?
- People who are cursing their hay fever right now may want to think again. A growing body of evidence suggests that everyday allergies could actually offer some protection against Covid-19.
- 06/22/2020
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Lockdown love stories: from Zoom weddings to quarantine breakups
- We've all got the stories. The housemate who moved in with her Hinge date when quarantine was announced; the friends breaking up after 12 weeks of fighting; the colleague who’s been living with his partner’s parents for longer than he bargained for.
- 06/22/2020
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Physitrack: NHS's London's Guy’s and St Thomas’ Hospital Introduces Digital Patient Engagement
- Physitrack: NHS's London's Guy’s and St Thomas’ hospital introduces digital patient engagement
- 06/22/2020
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CT Coronavirus Updates: Hospitalizations Drop To 150
- CT Coronavirus Updates: Hospitalizations Drop To 1 - Across Connecticut, CT - Here are the latest town-by-town coronavirus cases, deaths and number of people tested in Connecticut.
- 06/21/2020
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CT Has Lowest Rate Of Coronavirus Transmission In Nation
- CT Coronavirus Updates: Infection Rate Lowest - Across Connecticut, CT - As several states in the United States are seeing a surge in coronavirus cases, Connecticuts numbers continue to drop across the board.
- 06/20/2020
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REITs Hit By 'Second Wave' Of Dividend Cuts
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Colgate-Palmolive to review product's name that translates to 'Black people toothpaste'
- "We are currently working with our partner to review and further evolve all aspects of the brand, including the brand name," spokesperson told NBC News.
- 06/19/2020
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CT Continues Coronavirus Hospitalization Drop
- CT Continues Coronavirus Hospitalization Drop - Across Connecticut, CT - Connecticut continues its trend of less hospitalizations, single-digit daily deaths and a low positive test rate.
- 06/19/2020
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10 times people were convinced they saw big cats roaming Kent's countryside
- We may be known as the Garden of England but surely we're not that wild?
- 06/18/2020
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CT Coronavirus Hospitalizations Drop Below 200
- CT Coronavirus Hospitalizations Drop Below 200 - Across Connecticut, CT - Connecticut also had its third straight day of single-digit reported coronavirus deaths.
- 06/18/2020
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The Kent area where more COVID-19 victims are dying in care homes than hospitals
- Health bosses have defended the decision to ‘maximise discharges’ after high number of care home deaths
- 06/17/2020
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Deaths in London fall below average for first time since March
- The Office for National Statistics revealed that the week between May 30 and June 5 in the capital was the first time any region has recorded below-average deaths since March.
- 06/16/2020
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Some of the ways protests have changed the world since the death of George Floyd
- In the US and in the UK, a number of things have happened as a direct response to the global outcry over racial inequality
- 06/15/2020
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Deutsche Bank Keeps a Buy Rating on Playa Hotels & Resorts (PLYA) - Markets
- Deutsche Bank analyst Chris Woronka maintained a Buy rating on Playa Hotels & Resorts (PLYA – Research Report) today and
- 06/15/2020
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CT Coronavirus Updates: Town-By-Town Cases, Deaths Reported
- CT Coronavirus Updates: Town-By-Town Cases - Across Connecticut, CT - There were more than 300 new coronavirus cases over the past 24 hours but nearly 14,000 tests were administered.
- 06/14/2020
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Expert explains why one Kent town has become a coronavirus hotspot
- Dr Lindsay Forbes is a senior clinical research fellow at the Centre for Health Services Studies at the University of Kent
- 06/14/2020
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The statues being covered up across Britain, from Churchill to Nelson Mandela
- From Winston Churchill to Nelson Mandela, monuments across the UK are being covered up over fears they will be targeted by both anti-racism and far-right protesters, as Black Lives Matter marches follow the death of George Floyd for a third weekend running
- 06/13/2020
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The Kent neighbourhoods hit hardest by coronavirus
- A new interactive map from the Office for National Statistics allows you to put in your postcode and see how many people have sadly died from COVID-19 in your area of the county
- 06/12/2020
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Statue of Robert Peel boarded up to protect it from being damaged
- A statue of former prime minister Robert Peel in Tamworth is the latest to be boarded up to protect it from potential damage. The move comes after a protective barrier was placed around a statue of Britain's war-time prime minister Winston Churchill at Parliament Square and the nearby Cenotaph on Thursday night amid concerns they could again be targeted by demonstrators.
- 06/12/2020
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PM: Churchill statue being at risk is absurd... we can't edit our past
- Boris Johnson has said it is “absurd and shameful” that the statue of Sir Winston Churchill in Parliament Square is at risk of attack from anti-racism protesters.
- 06/12/2020
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Churchill statue and Cenotaph boarded up over weekend protests vandalism fears
- Since the toppling of slave trader Edward Colston's statue last week, the Mayor of London's office has made the decision to cover monuments ahead of the Black Lives Matter protest this weekend
- 06/12/2020
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Churchill's statue boarded up ahead of planned protests in London
- Workers have boarded up Winston Churchill's statue in central London to protect it from damage ahead of another weekend of protests. A protective barrier was placed around the monument at Parliament Square and the nearby Cenotaph on Thursday night amid concerns they could again be targeted by demonstrators. It comes after activists scrawled "was a racist" on the statue of Britain's war-time Prime Minister in as thousands descended on London for another protest over George Floyd's death.
- 06/12/2020
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Slave trader’s name removed from tower block as more statues set to go in London - Evening Telegraph
- The removal of a Bristol tower block sign bearing the name of a slave trader is the latest in a string of monuments and statues being pulled down across the country.
- 06/11/2020
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Guy's and St Thomas' Hospital to remove statues linked to slave trade
- Two statues of people involved in the history of Guy's and St Thomas' hospitals will be removed due to their links with the slave trade. The Guy’s and St Thomas’ NHS Foundation Trust announced on Thursday that the figures depicting Robert Clayton and Thomas Guy will be taken out of public view. Clayton, a former Lord Mayor of London, had ties to the Royal African Company, which transported slaves to the Americas, while Guy invested in the South Sea Company, which was also involved in the trade.
- 06/11/2020
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Guy's and St Thomas' hospitals to remove controversial statues - CityAM
- The statues outside Guy’s and St Thomas’ hospitals in London will be removed, it was decided this evening. The statues,
- 06/11/2020
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The London hospital trusts that have had no recorded Covid-19 deaths for a week
- Covid-19 deaths in London is slowly decreasing
- 06/11/2020
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Contagiato il 10% degli operatori che hanno intubato i malati - Salute & Benessere
- Un operatore sanitario su 10 nel mondo tra coloro che hanno intubato pazienti Covid gravi (che
necessitavano di ventilazione assistita) si è infettato a sua volta con il coronavirus, riportando
sintomi o comunque l'esito positivo del tampone.
(ANSA)
- 06/11/2020
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Zacks Investment Research Downgrades Braemar Hotels & Resorts (NYSE:BHR) to Sell
- Braemar Hotels & Resorts (NYSE:BHR) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Monday, Zacks.com reports. According to Zacks, “Braemar Hotels & Resorts Inc. operates as a real estate investment trust. It focused on investing in luxury hotels and resorts. Braemar Hotels & Resorts […]
- 06/10/2020
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Injecting coronavirus patients with survivor blood speeds up recovery
- Scientists in Sweden and Finland, behind the new study, said global research indicates convalescent immune plasma 'is well tolerated and effective'. They reviewed 10 global studies of the therapy.
- 06/09/2020
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‘We need a strategy’: senior clinicians fear UK has no plan for second wave
- Although Covid-19 infections are falling, many experts worry the numbers are still too high and the NHS is under extreme pressure
- 06/07/2020
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REITs Surge Amid Reopening Rally
- U.S. equity markets extended their reopening rally this week amid signs of an emerging V-shaped post-pandemic economic recovery juxtaposed with scenes of violen
- 06/06/2020
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Hilarious moment McDonald's worker dances for waiting customers
- The floor manager treated waiting customers to an array of dance routines to songs by the likes of Beyonce, Shakira and Lady Gaga
- 06/05/2020
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How many Madeleine McCann ‘sightings’ have there been?
- MADELEINE McCann disappeared more than 13 years ago, instantly becoming one of the most infamous missing person cases in the world. Madeleine vanished from a holiday apartment in Praia da Luz, Port…
- 06/04/2020
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Full list of UK McDonald's opening today
- Ten restaurants in Bristol are reopening
- 06/03/2020
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Ibuprofen now being tested as Covid-19 treatment
- A new trial could potentially lead to shorter hospital stays and fewer patients needing help in intensive care units
- 06/03/2020
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SIGNIFICANT DEMAND FOR COVID FREE CARIBBEAN ISLANDS REOPENING THIS SUMMER
- The Caribbean announces many Island re-opening
- 06/03/2020
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Ibuprofen could be key to preventing severe symptoms of Covid-19
- A new trial could potentially lead to shorter hospital stays and fewer patients needing help in intensive care units
- 06/03/2020
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Ibuprofen could be key to preventing severe symptoms of Covid-19
- A new trial could potentially lead to shorter hospital stays and fewer patients needing help in intensive care units
- 06/03/2020
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Ibuprofen to be tested as treatment to reduce Covid-19 symptoms
- Ibuprofen will be tested as possible treatment to reduce coronavirus symptoms in hope it may hold the key to prevent severe breathing problems in patients. Experts are assessing whether a special formulation of the cheap drug could help reduce the serious side effect seen among patients infected with the novel coronavirus.
- 06/03/2020
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Ashford is the epicentre of coronavirus cases in Kent and it's getting worse
- The Kent district has the second highest infection rate in England
- 06/02/2020
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Ibuprofen could boost coronavirus survival rates by up 80% claims new trial
- Earlier there were fears that Ibuprofen could make coronavirus symptoms worse - but now scientists are testing whether it could actually help after all
- 06/02/2020
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Weekly coronavirus death toll drops to its LOWEST since lockdown
- Data from the Office for National Statistics showed 1,983 people died across England and Wales in the week ending May 22, down from 2,766 a week earlier and the lowest figure for two months.
- 06/02/2020
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Ibuprofen to be tested as treatment to reduce Covid-19 symptom - Evening Telegraph
- A new trial has been launched to assess whether ibuprofen may hold the key to preventing severe breathing problems in Covid-19 patients.
- 06/02/2020
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Ibuprofen to be tested as treatment to reduce Covid-19 symptom
- Doctors in London will trial a formula containing ibuprofen to see if it can prevent severe respiratory illness. This could lead to shorter hospital stays and avoid ventilation.
- 06/02/2020
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Equity REIT Performance In A Nutshell: Week 22
- The equity REITs continued rallying for a second week in a row outperforming the S&P 500 by 310 bps. Opposite to the previous week, this week was characterized
- 06/02/2020
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Reopening Revival? REITs And Homebuilders Add To Rally
- U.S. equity markets added to their reopening rally this week as states and countries around the world continue to lift lockdowns while new cases of coronavirus
- 05/30/2020
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Canyon Ranch Spa Owner Skips Mortgage Payments With Resorts Shut
- (Bloomberg) -- Canyon Ranch bills itself as a place where guests can get away from the stress of modern life. These days, that includes a global pandemic that shuttered luxury resorts and has the owner seeking mortgage relief.Canyon Ranch, which operates resorts in Arizona and Massachusetts, skipped roughly $363,000 monthly mortgage payments in April and May, according to loan data collected by Bloomberg. The company, part of John Goff’s Crescent Real Estate empire, has about $150 million in debt on the two spas, which have been closed because of the coronavirus.“There’s been a friendly and productive collaboration between Canyon Ranch and lenders about payment terms,” a spokesman for Crescent said. “Canyon Ranch is looking forward to fully reopening and getting back to business as usual soon.”Goff co-founded Fort Worth-based Crescent with investor Richard Rainwater, who died in 2015. The company has $3.5 billion in assets under management and Canyon Ranch is one of the jewels.The original property in Tucson is famous for its detoxifying herbal treatments. Guests can hike desert canyons, get a stone massage or relax in rooms that typically start at $1,000 a night.A week at the spa might sound appealing at the end of a months-long quarantine. But with tourists wary of air travel and close contacts, filling resorts remains a problem. The average occupancy rate at U.S. luxury properties was 23% for the week ending May 23, according to STR. That compares with 47% for economy hotels, whose roadside locations make them more accessible.Low occupancy and shuttered hotels have pushed owners to seek deferred payments and restructured loans. About 19% of hotel loans packaged into commercial mortgage-backed securities were more than 30 days late in May, up from 1.6% in December, according to data from Trepp, a market research firm.Goff isn’t alone in skipping debt payments on high-end lodging properties. Braemar Hotels & Resorts Inc., which owns 13 hotels, didn’t make principal or interest payments on nearly all of its loans beginning April 1, according to a statement earlier this month.Braemar, whose properties include the Ritz-Carlton St. Thomas in the U.S. Virgin Islands and the Hilton La Jolla Torrey Pines in California, “is actively working with all of our lenders and servicers on mutually agreeable forbearance agreements and waivers and expects to announce the results of those discussions in the coming weeks,” Chief Executive Officer Richard Stockton said in a text message.Loan negotiations can resemble a game of chicken during periods of low occupancy, because even shuttered resorts and hotels cost money to own as taxes and insurance bills mount.Many lenders have granted forbearance in the short-term while watching to see how travel demand recovers. While some lenders may eventually seek to foreclose, others will prefer to help owners hang on until demand rebounds.“It depends on whether the lender would rather own the property and fund the operating shortfall or if they’d rather not get mortgage payments for a few months,” said Michael Bellisario, an analyst at Robert W. Baird & Co.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 05/29/2020
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Hop Farm fiercely denies neglecting horses as disturbing images circulate online
- Managers at the Paddock Wood venue were accused of abuse and neglect
- 05/29/2020
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Nurse and doctor marry at hospital after wedding cancelled due to Covid-19
- The couple had cancelled their original plans to wed in August
- 05/28/2020
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In April more than 88,000 people died in England and Wales
- Data from the Office for National Statistics shows that 88,153 people died of any cause in England and Wales in April, more than double the 43,000 who died in February before the Covid-19 outbreak.
- 05/28/2020
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London medics tie the knot in hospital chapel after wedding cancelled
- A nurse and doctor who had to cancel their wedding due to the coronavirus outbreak have got married at the hospital where they both work. Jann Tipping, 34, and Annalan Navaratnam, 30, tied the knot in the Grade 2 listed chapel at St Thomas’ Hospital. The couple had planned to marry in August in London, but decided to cancel due to fears over their families being able to travel there safely from Northern Ireland and Sri Lanka.
- 05/27/2020
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Nurse and doctor who cancelled wedding due to coronavirus marry at hospital chapel where they both work
- The wedding was 'a nice thing to happen in the middle of an anxious time', bride says
- 05/27/2020
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News Flash: 4 Analysts Think Braemar Hotels & Resorts, Inc. (NYSE:BHR) Earnings Are Under Threat
- Today is shaping up negative for Braemar Hotels & Resorts, Inc. (NYSE:BHR) shareholders, with the analysts delivering...
- 05/27/2020
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U.S. small firms leave $150 billion in coronavirus stimulus untapped
- U.S. small firms leave $150 billion in coronavirus stimulus untapped
- 05/26/2020
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Edited Transcript of BHR earnings conference call or presentation 22-May-20 3:00pm GMT
- Q1 2020 Braemar Hotels & Resorts Inc Earnings Call
- 05/25/2020
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Prince William and Kate to 'keep Princess Charlotte at home' when schools reopen
- St Thomas’ School in Battersea London is where Princess Charlotte is in reception and Prince George, Year 2, go to school, but under government guidelines the Royal children could be going back to school at different times
- 05/24/2020
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Why people think Ashford is the most COVID-19 infected place in Kent
- Ashford currently has the third-highest coronavirus infection rate in England
- 05/24/2020
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MIDAS UPDATE: Vital signs are healthy for our medical tip LiDCO
- AIM-listed medical device firm LiDCO produces haemodynamic monitors, which help doctors to make the right assessments at the right time.
- 05/23/2020
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Signs Of V-Shaped Housing Recovery
- U.S. equity markets surged this week, buoyed by positive vaccine data and on renewed hopes of a V-shaped economic recovery as countries around the world begin t
- 05/23/2020
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Braemar Hotels & Resorts, Inc. (BHR) Q1 2020 Earnings Call Transcript
- Good morning, and welcome to today's call to review results for Braemar Hotels & Resorts for the first quarter of 2020, and to update you on recent developments. On the call today will be Richard Stockton, President and Chief Executive Officer; Deric Eubanks, Chief Financial Officer; and Jeremy Welter, Chief Operating Officer.
- 05/22/2020
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Edited Transcript of BHR earnings conference call or presentation 22-May-20 3:00pm GMT
- Q1 2020 Braemar Hotels & Resorts Inc Earnings Call
- 05/22/2020
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The Delicate Balance for Hotel Owners in This Crisis Between Defaulting and Protecting a Portfolio
- Not all of Dallas hotelier Monty Bennett’s hospitality companies are in as much debt as Ashford Hospitality Trust. But that doesn’t mean they aren’t looking for similar financial relief during the coronavirus crisis. Braemar Hotels & Resorts is part of the trio of Bennett’s companies — the others being Ashford Trust and Ashford Inc. — […]
- 05/22/2020
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Braemar Hotels & Resorts, Inc. to Host Earnings Call
- NEW YORK, NY / ACCESSWIRE / May 22, 2020 / Braemar Hotels & Resorts, Inc. (NYSE:BHR) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on May 22, 2020 at 11:00 ...
- 05/22/2020
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Marriott: Prices Don't Reflect The Long Road To Recovery (NASDAQ:MAR)
- Marriott is one of the top companies in the industry with a great brand, asset-light model, and an above-average return on asset. Marriott has raised sufficient
- 05/22/2020
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As deadline passes for returning small-business loans, public companies have given back $500 million and kept $900 million
- The Treasury Department says Paycheck Protection Program loans are not meant for “a public company with substantial market value and access to capital markets” and given big borrowers a May 18 deadline. Here’s how the returns are going.
- 05/19/2020
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Maher on quest to retrieve broken hurley he scored famous point with this year
- He slotted over a point from out near the sideline with effectively half a hurley
- 05/19/2020
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Hotel REITs: Opportunity Is Still There
- Since the outbreak of COVID-19, real estate has underperformed the S&P 500 by 15% and still is trading at a negative 25% territory on a YTD basis. However, not
- 05/18/2020
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As deadline arrives for returning small-business loans, public companies have given back $500 million so far, kept $900 million
- The Treasury Department says Paycheck Protection Program loans are not meant for “a public company with substantial market value and access to capital markets” and given big borrowers a May 18 deadline. Here’s how the returns are going.
- 05/18/2020
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US luxury hotel groups return emergency COVID funds amid controversy
- The skyline of Austin, Texas. (Photo from Pixabay)Three Texas hotel groups linked to hotelier Monty Bennett return relief funds following controversy over eligibility for bailouts.
- 05/18/2020
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Lobbyists cashed in on the coronavirus relief bill.
- In Washington, crisis is cash for lobbyists, who use last minute legislation to win perks. The pandemic was no exception.
- 05/15/2020
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What is Boris Johnson's weight and what's his obesity plan?
- BORIS Johnson has said that he believes his weight was one of the major reasons that coronavirus hit him harder than the “thinnies” in his cabinet. Since being discharged from St Thomas…
- 05/15/2020
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Remember The Public Companies That Got PPP Loans? Even More Did: Now 410 Of Them
- More public companies keep reporting the PPP loan funds they received. The total initial grants top $1.3 billion.
- 05/15/2020
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As deadline arrives, these public companies have returned emergency loans meant for small businesses
- The Treasury Department says Paycheck Protection Program loans are not meant for “a public company with substantial market value and access to capital markets” and given big borrowers a May 14 deadline. Here’s how the returns are going.
- 05/14/2020
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A day before deadline, these public companies have returned emergency loans meant for small businesses
- The Treasury Department says Paycheck Protection Program loans are not meant for “a public company with substantial market value and access to capital markets” and given big borrowers a May 14 deadline. Here’s how the returns are going.
- 05/13/2020
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Why I Sold Braemar Hotels & Resorts And What It Means For The Future Of US Hospitality
- The US Hospitality industry will likely go through permanent change post-pandemic. Braemar will be sensitive to these changes due to the high leverage it has hi
- 05/13/2020
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Christianity news: Archbishop of Canterbury secretly helps coronavirus patients
- THE ARCHBISHOP of Canterbury has been secretly helping out at St Thomas' Hospital during the coronavirus pandemic.
- 05/13/2020
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Public Health Wales want you to download a Covid-19 symptom tracker app
- The app encourages you to report your health daily, and whether you are experiencing symptoms
- 05/12/2020
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The most famous nurse from Derbyshire celebrates a milestone birthday today
- Her guidance on hygiene is still as relevant as ever today
- 05/12/2020
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As deadline for returns extended, these public companies are giving back emergency loans meant for small businesses
- The Treasury Department says Paycheck Protection Program loans are not meant for “a public company with substantial market value and access to capital markets” and given big borrowers a May 14 deadline. Here’s how the returns are going.
- 05/06/2020
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You Now Have An Extra Week to Return Your SBA PPP Loan (Updated)
- If your business accepted government-backed stimulus funds in error, you have until May 18 to make good.
- 05/06/2020
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These public companies are returning emergency loans meant for small businesses
- The Treasury Department says Paycheck Protection Program loans are not meant for “a public company with substantial market value and access to capital...
- 05/04/2020
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Despegar.com Announces 1Q20 Financial Results
- Despegar.com, Corp. (NYSE: DESP), (“Despegar” or the “Company”) a leading online travel company in Latin America, today announced unaudited results fo
- 05/04/2020
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Luxury Hotel Group Caves to Pressure, Returns $59 Million in Relief Funds
- Three publicly traded Texas-based hospitality firms that collectively received nearly $59 million in coronavirus relief funding and are tied to hotelier Monty Bennett announced Saturday they would return the funds after Bennett earlier said he would not turn back the money. Ashford Inc., Ashford Hospitality Trust, and Braemar Hotels & Resorts released a statement saying […]
- 05/03/2020
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Ashford returns PPP loans
- The Ashford Group of Companies said all of its units, including Ashford Inc. (NYSEMKT:AINC), Ashford Hospitality Trust (NYSE:AHT), and Braemar Hotels & Resorts (NYSE:BHR), will return all funds pr
- 05/03/2020
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UPDATE 1-Ashford Group to return $59 million U.S. payroll loan
- (Adds details from Schumer letter, company statement and background)
- 05/03/2020
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Monty Bennett, Trump donor and largest recipient of PPP funds, will return money
- The largest recipient of COVID-19 bailout loans announced Saturday he would return all money received through the Paycheck Protection Program.
- 05/03/2020
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Ashford Group to return $59 million U.S. payroll loan
- Ashford Group to return $59 million U.S. payroll loan
- 05/03/2020
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Ashford Group Of Companies Takes Action To Meet Changed Paycheck Protection Program Eligibility Guidelines
- The Ashford Group of Companies announced today that all of its companies, including Ashford Inc. (NYSE American: AINC), Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust"), and Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar"), will return all funds provided by the Small Business Administration's ("SBA") Paycheck Protection Program ("PPP") due to the agency's recently changed rules and inconsistent federal guidance that put the companies at compliance risk.
- 05/02/2020
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UK Covid-19 survivors' plasma being trialled to treat critically ill
- Blood plasma from recovered patients may hold antibodies produced to fight virus
- 05/02/2020
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Luxury Hotel CEO Steps Down Amid Coronavirus Relief Loan Pushback But Controversy Lingers
- The president and CEO of Dallas-based Ashford Hospitality Trust is stepping down after the company received pushback over the $30 million it received from the paycheck protection program, part of the $2 trillion coronavirus relief fund passed in March. Tens of thousands of small businesses are still waiting to receive funds. Companies like Shake Shack […]
- 05/01/2020
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Coronavirus Economy: SBA Paycheck Program Awarded $1 Billion To Publicly Traded Companies
- Some of the loans were for many times the $10 million limit; some went to companies with more than 500 employees.
- 05/01/2020
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Ashford Hospitality Trust shuffles leadership amid PPP criticism as CEO resigns
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U.S. Relief Package Needs to Do More to Address Small Business Costs: Travel Industry Groups
- The U.S. travel industry wants the Paycheck Protection Program component of the $2 trillion coronavirus relief package to reflect the monthly reality of small business expenses. Industry groups like the U.S. Travel Association and the American Hotel & Lodging Association sent a letter to U.S. House and Senate leadership earlier this month outlining why they […]
- 04/30/2020
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Braemar Hotels & Resorts (NYSE:BHR) Receives $12.00 Consensus Price Target from Analysts
- Braemar Hotels & Resorts (NYSE:BHR) has received a consensus rating of “Hold” from the six ratings firms that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. The average […]
- 04/30/2020
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These public companies are returning emergency loans meant for small businesses
- The Treasury Department says Paycheck Protection Program loans are not meant for “a public company with substantial market value and access to capital markets” and given big borrowers a May 7 deadline. Here’s how the returns are going.
- 04/29/2020
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Renaissance Hotel scores PPP loan. Amid broader outcry, its owner defends keeping the money
- The Renaissance Hotel, at 611 Commerce St., contains 673 rooms and employed roughly 400 people before the Covid-19 pandemic.
- 04/29/2020
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30 Stocks on a Deathwatch
- While some organizations will rise to the occasion, these “deathwatch” stocks face a particularly treacherous road ahead.
- 04/28/2020
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Consumer group launches website to track all the public companies that got PPP small business loans
- The backlash against large public companies receiving government PPP loans continues to grow louder.
- 04/28/2020
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Braemar Hotels & Resorts (NYSE:BHR) Short Interest Update
- Braemar Hotels & Resorts (NYSE:BHR) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 1,030,000 shares, a growth of 64.6% from the March 31st total of 625,700 shares. Approximately 3.3% of the company’s shares are sold short. Based on an average daily volume […]
- 04/28/2020
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Braemar Hotels & Resorts (NYSE:BHR) Trading 5% Higher
- Braemar Hotels & Resorts (NYSE:BHR) traded up 5% on Monday . The company traded as high as $2.65 and last traded at $2.51, 779,456 shares changed hands during trading. An increase of 74% from the average session volume of 447,926 shares. The stock had previously closed at $2.39. A number of equities analysts have weighed […]
- 04/28/2020
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Sector Spotlight: Hotel REITs
- The Hotel sector has been arguably the hardest hit of all REIT property types by the impact of the coronavirus. Many hotel REITs have shut down operations at so
- 04/27/2020
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Wall Street Breakfast: Easing Of Lockdown Restrictions
- Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. News of easing lockdo
- 04/27/2020
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$126.17 Million in Sales Expected for Braemar Hotels & Resorts (NYSE:BHR) This Quarter
- Equities research analysts expect Braemar Hotels & Resorts (NYSE:BHR) to report $126.17 million in sales for the current fiscal quarter, according to Zacks. Four analysts have made estimates for Braemar Hotels & Resorts’ earnings, with the lowest sales estimate coming in at $113.52 million and the highest estimate coming in at $139.00 million. Braemar Hotels […]
- 04/27/2020
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Public companies took more than thought from PPP pantry
- Last week, Morgan Stanley analysts found that public companies had received $243.4M from the original Paycheck Protection Program, but that figure has now ballooned as additional firms file disclosure
- 04/27/2020
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3 publicly traded hotel companies won’t give back small-business relief loans
- Three publicly traded hotel companies tied to a Texas businessman said that they would not give back millions of dollars in loans from a government program aimed at helping small businesses.
- 04/26/2020
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Publicly traded hotel firms won't give back small-biz loans
- Three publicly traded hotel companies tied to a Texas businessman say they will not give back any of the $126 million in loans they have applied for from a government program aimed at helping small businesses
- 04/26/2020
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Tragic nurse who hadn't seen his family in five years is latest Covid-19 victim
- A NURSE who had not seen his family in the Philippines for five years is among the latest victims of Covid-19.
- 04/26/2020
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Zacks: Brokerages Anticipate Braemar Hotels & Resorts (NYSE:BHR) to Post $0.41 Earnings Per Share
- Wall Street analysts predict that Braemar Hotels & Resorts (NYSE:BHR) will post $0.41 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Braemar Hotels & Resorts’ earnings, with estimates ranging from $0.36 to $0.46. Braemar Hotels & Resorts posted earnings per share of $0.44 during the […]
- 04/25/2020
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Luxury Hotelier Who Backed Trump Wins Big in Small-Business Aid
- (Bloomberg) -- A Dallas hotel executive and major donor to President Donald Trump has emerged as the biggest winner from the coronavirus bailout for small businesses.A combined total of $59 million from the small business lending package went to three lodging companies chaired by Monty Bennett, according to regulatory filings. The money went to Braemar Hotels & Resorts, which owns luxury properties including the Ritz-Carlton in St. Thomas in the U.S. Virgin Islands, Ashford Hospitality Trust Inc., which owns more than 100 hotels around the country, and the firm that manages both.The PPP has come under fire after big restaurant chains like Potbelly Corp. and Ruth’s Chris Steak House got loans, while many mom-and-pop firms were left stranded when the initial $349 billion in funding for the program ran out of money last week. The House is expected to vote Thursday on a bill approving an additional $320 billion for the initiative.The loans to Bennett’s companies underscore how large firms were able to take advantage of the small business program because of a loophole nestled in the bailout package that allowed companies with multiple locations to apply for loans that can convert to grants if they maintain employees and payrolls at certain levels.That provision was inserted after lobbyists for hotels and restaurants pleaded with lawmakers designing the program, especially Republican Senator Marco Rubio of Florida, for special consideration. The carveout allowed hotels and restaurants to apply for the funds regardless of how many workers they had, so long as each location employed fewer than 500.Bennett donated $150,000 in the last six months to a fundraising committee for Trump’s reelection campaign and for Republicans, according to Federal Election Commission records. He also gave to Trump in 2016, and has made donations to prominent allies such as House GOP leader Kevin McCarthy and Senator Lindsey Graham.Ashford said in a statement that PPP “is working exactly as intended by providing much needed capital to small businesses and larger businesses that have been the hardest hit -- hotels and restaurants” with fewer than 500 employees per location.Another Trump supporter and hotelier -- Gordon Sondland -- was also a beneficiary of the small-business relief package. Provenance Hotels, the hotel chain he founded, received a PPP loan, according to a spokeswoman. Sondland is the former ambassador to the EU who played a starring role in the Trump impeachment proceedings. The group has more than a dozen properties, including three in Washington state, which has been hard-hit by the virus.Ashford Hospitality said in a regulatory filing Tuesday that it expects to receive additional loans. The $30 million it received -- the most money disclosed by a public company yet-- was in 42 PPP loans to company affiliates that own hotels. Braemar, which also owns the Ritz-Carlton in Lake Tahoe, California, received $15.8 million in eight loans. Ashford Inc., which manages properties for Ashford and Braemar Hotels, got six loans totaling $12.8 million.Major hotel brands like Marriott International Inc., Hilton Worldwide Holdings Inc., and Hyatt Hotels Corp. didn’t apply for the small business loans. The companies make most of their money by selling brand licenses and services to the investors who own hotel properties.Restaurants and hotels together account for less than 10% of the PPP loans, according to the SBA, which administers the program. They’ve said the requirement to use the money in eight weeks to get loan forgiveness isn’t long enough and the program’s emphasis on keeping workers employed doesn’t give them enough flexibility to cover other costs.Brian Crawford, the executive vice president of government affairs at the American Hotel & Lodging Association, said funds are going to industries that have suffered fewer consequences from the pandemic.“Seemingly healthy industries are taking advantage of this program and that’s why we’re running out of money,” Crawford said.A spokeswoman for Marriott, which owns five hotels in the U.S., said that while it didn’t apply as a corporation, some of its franchisees, which could qualify as small businesses, are pursuing loans.Marriott, which has temporarily closed about 1,000 U.S. hotels and furloughed thousands of workers, has had little trouble accessing credit markets. On April 14, Marriott raised $1.6 billion in five-year bonds in a move the company said would substantially replace a $1.5 billion revolving credit facility that the company announced earlier the same day.Hilton and Hyatt have each raised hundreds of millions of dollars in debt since the Federal Reserve pledged to support the corporate bond market earlier this month. The hotel brand companies have a menu of options for raising cash, including selling loyalty points or borrowing against real estate portfolios.A Hilton spokesperson said that the company, which owns no U.S. hotel properties, has no plans to seek financial support from the U.S. Treasury Department. A Hyatt representative also said it has no plans to apply for any small business loans under the SBA program, although some third-party owners of properties it operates have.“What they did was the least expensive, least restrictive option: a simple unsecured corporate bond offering,” said Michael Bellisario, an analyst at Robert W. Baird & Co.(Updates with Trump donation in sixth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 04/23/2020
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Comment: Green shoots amid the grim economic numbers
- We don’t need numbers to tell us that the economy is in a bad way. But just in case, we’ve got some new ones today anyway. Government borrowing is hitting extraordinary highs. Data from the Office for National Statistics shows the impact of lockdown on manufacturing and services. Jobs are going.
- 04/23/2020
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Luxury Hotel Executive Biggest Winner of U.S. Small-Business Relief
- (Bloomberg) -- A Dallas hotel executive whose empire includes luxury resorts has emerged as the biggest winner from the coronavirus bailout for small businesses.A combined total of $59 million from the small business lending package went to three lodging companies chaired by Monty Bennett, according
- 04/23/2020
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REFILE-BRIEF-Braemar Hotels & Resorts Says PPP Loans To Affiliates Is About $15.8 Mln, Of Which About $10.6 Mln Has Been Received
- (Corrects to add source text)
- 04/21/2020
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Bank of New York Mellon Corp Grows Stock Holdings in Braemar Hotels & Resorts (NYSE:BHR)
- Bank of New York Mellon Corp boosted its position in Braemar Hotels & Resorts (NYSE:BHR) by 10.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 279,623 shares of the company’s stock after acquiring an additional 25,874 shares during the period. Bank of New York Mellon Corp owned […]
- 04/20/2020
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Goldman Sachs Group Inc. Acquires 57,793 Shares of Braemar Hotels & Resorts (NYSE:BHR)
- Goldman Sachs Group Inc. lifted its holdings in Braemar Hotels & Resorts (NYSE:BHR) by 97.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 117,170 shares of the company’s stock after purchasing an additional 57,793 shares during the period. Goldman Sachs Group Inc. owned 0.36% of […]
- 04/19/2020
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Braemar Hotels & Resorts (NYSE:BHR) Trading Up 16.7%
- Braemar Hotels & Resorts (NYSE:BHR) traded up 16.7% on Monday . The company traded as high as $2.44 and last traded at $2.79, 33,321 shares changed hands during trading. A decline of 96% from the average session volume of 891,155 shares. The stock had previously closed at $2.39. BHR has been the subject of a […]
- 04/15/2020
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The food and drink brands supporting NHS workers
- Across the UK, people and businesses are rallying around healthcare staff to support them through the mammoth task of managing coronavirus
- 04/15/2020
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Hotels hit by coronavirus scramble for concessions from lenders
- "This is a once-in-a-lifetime event," hotel CEO tells Yahoo Finance
- 04/14/2020
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Hotel industry is 'getting crushed' by coronavirus and no one is there to help: Ashford Hospitality CEO
- Monty Bennett, Founder, Chairman and CEO of Ashford Inc, joins Yahoo Finance’s Alexis Christoforous and Brian Sozzi to discuss how the hotel industry is faring amid the coronavirus outbreak.
- 04/14/2020
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UK death toll passes 10,000 as Prime Minister is released from hospital
- A further 737 people have died
- 04/12/2020
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U.K.'s Boris Johnson leaves hospital after personal coronavirus battle
- "On the advice of his medical team, the PM will not be immediately returning to work," a spokesperson said.
- 04/12/2020
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The State Of REITs: April 2020 Edition
- The REIT sector plummeted in March, suffering a -28.79% average total return. Micro-cap and Small-cap REITs severely underperformed their larger peers during th
- 04/09/2020
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RTX, SKT among premarket gainers
- Sasol (NYSE:SSL) +47%.Cherry Hill Mortgage Investment (NYSE:CHMI) +42%.Can-Fite BioPharma (NYSEMKT:CANF) +35% on positive top line results from its phase II NASH study with Namodenoson.TPG RE Finance
- 04/07/2020
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Comment: Dominic Raab’s job is to be first among equals
- No one really knows how ill our Prime Minister is. Even his brilliant medical team at St Thomas’ are dealing with a new coronavirus about which so much is still a mystery. Except for his fiancée and perhaps his family, only a very small number of people at the heart of government — the Cabinet Secretary, the core team in the Number 10 private office, the head of the NHS and, yes, the Queen — will be getting a regular medical update.
- 04/07/2020
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How Does Braemar Hotels & Resorts, Inc. (NYSE:BHR) Affect Your Portfolio Volatility?
- Anyone researching Braemar Hotels & Resorts, Inc. (NYSE:BHR) might want to consider the historical volatility of the...
- 04/04/2020
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Yahoo Finance Presents: Best Western CEO David Kong
- On this episode of Yahoo Finance Presents David Kong, CEO of Best Western, joins Akiko Fujita to discuss the impact of coronavirus on the hotel and hospitality industries and how they hope to recover.
- 04/03/2020
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Zacks: Brokerages Anticipate Braemar Hotels & Resorts (NYSE:BHR) Will Post Quarterly Sales of $130.39 Million
- Brokerages expect Braemar Hotels & Resorts (NYSE:BHR) to announce sales of $130.39 million for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for Braemar Hotels & Resorts’ earnings, with the highest sales estimate coming in at $139.00 million and the lowest estimate coming in at $120.65 million. Braemar Hotels & […]
- 04/03/2020
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NHS Nightingale hospitals to be built in Bristol and Harrogate
- The announcement follows the development of new hospitals in London, Manchester and Birmingham
- 04/02/2020
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Is The Collapse Of Braemar Hotels & Resorts A Buy The Dip Opportunity?
- Braemar has seen the price of both its common and preferred shares collapse over the past few weeks. The company is currently trading at a material discount to
- 04/02/2020
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AQR Capital Management LLC Sells 88,242 Shares of Braemar Hotels & Resorts (NYSE:BHR)
- AQR Capital Management LLC lessened its holdings in Braemar Hotels & Resorts (NYSE:BHR) by 18.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 391,366 shares of the company’s stock after selling 88,242 shares during the quarter. AQR Capital Management LLC owned approximately 1.19% of […]
- 04/02/2020
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30 Stocks on a Deathwatch
- While some organizations will rise to the occasion, these “deathwatch” stocks face a particularly treacherous road ahead.
- 03/31/2020
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Q1 2020 Earnings Estimate for Braemar Hotels & Resorts (NYSE:BHR) Issued By B. Riley
- Braemar Hotels & Resorts (NYSE:BHR) – Research analysts at B. Riley dropped their Q1 2020 earnings estimates for shares of Braemar Hotels & Resorts in a report issued on Tuesday, March 24th. B. Riley analyst B. Maher now anticipates that the company will post earnings per share of $0.38 for the quarter, down from their […]
- 03/28/2020
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MEDIA-Braemar offers luxury hotels as virus hits room demand - Bloomberg News
- -- Source link: https://bloom.bg/39p6zUH
- 03/27/2020
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Braemar Offers Luxury Hotels As Virus Hits Room Demand
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Great West Life Assurance Co. Can Trims Stake in Braemar Hotels & Resorts (NYSE:BHR)
- Great West Life Assurance Co. Can reduced its stake in shares of Braemar Hotels & Resorts (NYSE:BHR) by 16.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,084 shares of the company’s stock after selling 5,463 shares during the quarter. […]
- 03/27/2020
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PHBS-Alumni spenden COVID-19-Testkits an britische Krankenhäuser
- Das Motto "One World, One Fight" vereint alle gegen die Pandemie
- 03/27/2020
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Q1 2021 EPS Estimates for Braemar Hotels & Resorts (NYSE:BHR) Decreased by B. Riley
- Braemar Hotels & Resorts (NYSE:BHR) – Research analysts at B. Riley dropped their Q1 2021 EPS estimates for shares of Braemar Hotels & Resorts in a report issued on Tuesday, March 24th. B. Riley analyst B. Maher now expects that the company will post earnings per share of $0.42 for the quarter, down from their […]
- 03/27/2020
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Braemar Hotels & Resorts (NYSE:BHR) Stock Price Down 19.5% Following Analyst Downgrade
- Shares of Braemar Hotels & Resorts (NYSE:BHR) traded down 19.5% during trading on Tuesday after B. Riley lowered their price target on the stock from $11.00 to $7.00. B. Riley currently has a buy rating on the stock. Braemar Hotels & Resorts traded as low as $1.40 and last traded at $1.49, 709,707 shares changed […]
- 03/25/2020
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Braemar Hotels & Resorts (NYSE:BHR) versus Alexander & Baldwin (NYSE:ALEX) Financial Contrast
- Braemar Hotels & Resorts (NYSE:BHR) and Alexander & Baldwin (NYSE:ALEX) are both small-cap finance companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, valuation, earnings, analyst recommendations, risk, institutional ownership and dividends. Dividends Braemar Hotels & Resorts pays an annual dividend of $0.64 per […]
- 03/25/2020
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Analysts Offer Insights on Financial Companies: Braemar Hotels & Resorts (BHR) and On Deck Capital (ONDK)
- There's a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Braemar Hotels & Resorts (BHR) and On Deck Capital
- 03/24/2020
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Analysts Offer Insights on Financial Companies: Braemar Hotels & Resorts (NYSE: BHR) and On Deck Capital (NYSE: ONDK)
- There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Braemar Hotels
- 03/24/2020
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Philadelphia hotel part of portfolio backing $370M loan coming due in June
- A Business Journals analysis of the commercial real estate market identified 4,600 properties securing $30 billion in commercial mortgage-backed securities (CMBS) debt coming due in the next six months, and one of the biggest coming due is backed by a portfolio of four hotels including the rebranded Notary at 21 N. Juniper St. in Center City. Virtually every major metropolitan area in the country will be affected by this situation and Philadelphia is no different, though its exposures are limited. Including the Notary, there are seven commercial real estate properties throughout Philadelphia backed by CMBS loans that come due within that timeframe.
- 03/24/2020
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Ancora Advisors LLC Purchases 8,000 Shares of Braemar Hotels & Resorts (NYSE:BHR)
- Ancora Advisors LLC grew its position in Braemar Hotels & Resorts (NYSE:BHR) by 39.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,479 shares of the company’s stock after acquiring an additional 8,000 shares during the quarter. Ancora Advisors LLC owned […]
- 03/24/2020
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COVID-19 World Map: 266,073 Confirmed Cases; 179 Countries; 11,184 Deaths
- Note: There is now a newer Novel Coronavirus (COVID-19) Situation Report 62. WHO Novel Coronavirus (COVID-19) Situation Report 61 Six new countries/territories/areas (African Region [2], European Region [1], Region of the Americas [1], South East Asia Region [1] and Western Pacific Region [1])
- 03/22/2020
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Braemar Hotels & Resorts (NYSE:BHR) & ARBOR RLTY TR I/SH (NYSE:ABR) Head-To-Head Survey
- Braemar Hotels & Resorts (NYSE:BHR) and ARBOR RLTY TR I/SH (NYSE:ABR) are both small-cap finance companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, valuation, earnings, profitability, institutional ownership, risk and dividends. Risk & Volatility Braemar Hotels & Resorts has a beta of […]
- 03/21/2020
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