Braemar Hotels & Resorts Reports Strong Q1 2026 Results with Positive Net Income and Double-Digit Hotel EBITDA Growth

summarizeSummary

Braemar Hotels & Resorts Inc. reported strong first-quarter 2026 financial results, achieving positive net income and significant year-over-year growth in comparable RevPAR and Hotel EBITDA.

check_boxKey Events

• Achieved Positive Net Income

  Net income attributable to common stockholders for Q1 2026 was $4.9 million ($0.07 per diluted share), a significant improvement from a net loss of $(2.5) million ($(0.04) per diluted share) in Q1 2025.

• Strong Operational Performance

  Comparable RevPAR for all hotels increased 5.7% to $481, and Comparable Hotel EBITDA grew 13.7% to $75.5 million year-over-year.

• Increased Adjusted Funds From Operations (AFFO)

  Adjusted FFO was $0.52 per diluted share for the quarter, up from $0.40 per diluted share in the prior year quarter.

• Preferred Stock Redemption

  The company redeemed approximately $17.0 million of its non-traded preferred stock in cash during the quarter.

auto_awesomeAnalysis

Braemar Hotels & Resorts Inc. delivered a strong first quarter, marked by a significant turnaround to positive net income and robust growth in key operational metrics. The substantial increase in comparable Hotel EBITDA and RevPAR indicates healthy underlying business performance. This positive financial update provides a favorable backdrop for the company's ongoing strategic alternatives process, which includes the recently announced asset sale, and could bolster investor confidence in its ability to execute its strategy and improve its financial position.