Braemar Q3 comparable RevPAR rises 14.4% and Hotel EBITDA up 20.7%
Braemar Hotels & Resorts released a third-quarter 2026 earnings investor presentation on November 5, 2026. Comparable RevPAR rose 14.4% to $284 and comparable Hotel EBITDA rose 20.7% to $12.9 million, and the company reaffirmed its one-time full-year 2027 guidance.
Key points
- Q3 2026 comparable total hotel revenue was $95.2 million, up 9.9% from a year earlier
- Comparable Hotel EBITDA margin rose 122 basis points to 13.6%
- Four Seasons Scottsdale was sold on October 28, 2026 for $372.0 million
- The Ritz-Carlton, Lake Tahoe refinancing closed October 30, cutting the spread by 60 basis points and extending maturity to 2031
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.