Braemar Hotels & Resorts announces portfolio update and 2027 financial outlook
BHR•Braemar Hotels & Resorts expects more than $25 million in annual cost savings from self-management and forecasts 2027 adjusted FFO of $0.25-$0.31 per diluted share. It expects annual corporate expenses of $15 million, revenue of $407 million-$412 million and RevPAR growth of 4.5%-6.5%.
1. 2027 outlook
Braemar Hotels & Resorts expects more than $25 million in annual cost savings from self-management and forecasts annual corporate expenses to fall from $42 million to $15 million. For 2027, it guides adjusted FFO per diluted share of $0.25-$0.31 and diluted GAAP earnings per common share of negative $0.50 to negative $0.43.
2. Revenue and RevPAR
The company expects 2027 total revenue of $407 million-$412 million and RevPAR growth of 4.5%-6.5%.
