• Reported GAAP EPS of -$0.67 down -42.55% YoY • Reported revenue of $165.56M down -4.49% YoY
Bullish
Braemar Hotels & Resorts achieved comparable RevPAR growth and executed strategic repositioning of properties, alongside completing an asset sale and preferred stock redemption.
Bearish
Braemar Hotels & Resorts reported a net loss and negative AFFO, while facing substantial floating-rate debt exposure and uncertainty regarding its announced company sale process.