Braemar shareholder Al Shams targets external advisor fees after stock slides over 90% - BHR News | RalliesBraemar shareholder Al Shams targets external advisor fees after stock slides over 90%
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BHR• Al Shams launches board challenge over governance and fees
- Al Shams, Braemar’s largest shareholder, launched a board challenge tied to governance concerns over sustained payments to the external manager.
- The investor cited more than 90% share-price decline since the 2013 split from Ashford Hospitality Trust, alongside “substantial” advisory fees.
- Five independent director nominees were submitted for election at the Nov. 13, 2026 annual meeting.
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