Braemar Q2 FY26 net loss attributable to common stockholders narrows to $0.7 million; adjusted EBITDAre slips 2.76% to $37.8 million
BHR•Hotel sale activity continues
Closed the USD 176 million sale of Park Hyatt Beaver Creek; later sold three hotels for USD 437.5 million, with Pier House sale set for mid-August.
Operating metrics strengthen year over year
Comparable RevPAR increased 12.3% to USD 396 as ADR climbed 13.1% to USD 545; occupancy slipped 0.49 percentage points to 72.6%.
Adjusted EBITDAre (non-GAAP) edged down 2.76% to USD 37.79 million; comparable Hotel EBITDA rose 14.2% to USD 48.4 million.
Quarterly results improve on asset sale gains
Braemar Hotels & Resorts posted a net loss attributable to common stockholders of USD 0.7 million, or USD (0.01) a share.
Operating income rose 71.06% to USD 30.61 million, helped by a USD 17.4 million gain on asset and hotel property dispositions.
