Braemar Hotels & Resorts

Braemar Hotels & Resorts Inc is a real estate investment trust that focuses on investing in luxury, upper-upscale, and upscale hotels, primarily based on their revenue per available room (RevPAR). The company targets properties located in key gateway and resort markets across various U.S. states, including California, Texas, Florida, and Illinois, as well as in Washington, D.C., and St. Thomas in the U.S. Virgin Islands. Braemar's portfolio includes hotels operating under well-known brands such as Marriott, Hilton, Courtyard, and Renaissance. Its revenue is generated through multiple streams, including room rentals, food and beverage services, and other ancillary offerings. The company operates through a direct hotel investment segment, focusing on maximizing returns from its strategically located properties.