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Braemar Hotels & Resorts reports 56.4% September portfolio occupancy

  • Braemar Hotels & Resorts (NYSE:BHR) reported prelim portfolio occupancy of 56.4% for September with an average daily rate of ~$333 leading to RevPAR of ~$188 (+166.7% Y/Y).
  • It expects to report occupancy of 61.7% for Q3 with ADR of ~$357 and RevPAR of ~$220 (+172.4% Y/Y).

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Braemar Hotels & Resorts Inc.