Braemar Hotels & Resorts Inc.
For the period ended Dec 31, 2025. Filed Mar 12, 2026.
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FY2025 · Filed Mar 12, 2026
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Item 2. Properties
Offices
We lease our headquarters located at 14185 Dallas Parkway, Suite 1200, Dallas, Texas 75254.
Hotel Properties
As of December 31, 2025, we held ownership interests in 13 hotel properties that were included in our consolidated operations, which included direct ownership in 13 hotel properties. Eleven of our hotel properties are located in the United States, one is located in Puerto Rico and one is located in the U.S. Virgin Islands.
The following table presents certain information related to our hotel properties as of December 31, 2025:
| Hotel Property · Location · Total Rooms · % Owned · Owned Rooms · Occupancy · ADR · RevPAR | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Fee Simple Properties | ||||||||||
| Capital Hilton (1) | Washington, D.C. | 559 | 100% | 559 | 74.32% | $273.86 | $203.54 | |||
| The Notary Hotel | Philadelphia, PA | 499 | 100% | 499 | 65.16% | 229.99 | 149.86 | |||
| Sofitel Chicago Magnificent Mile | Chicago, IL | 415 | 100% | 415 | 69.83% | 261.73 | 182.76 | |||
| Pier House Resort & Spa | Key West, FL | 142 | 100% | 142 | 74.09% | 607.54 | 450.15 | |||
| The Ritz-Carlton St. Thomas | St. Thomas, USVI | 180 | 100% | 180 | 60.60% | 1,060.23 | 642.45 | |||
| Park Hyatt Beaver Creek Resort & Spa | Beaver Creek, CO | 193 | 100% | 193 | 47.03% | 691.30 | 325.12 | |||
| Hotel Yountville | Yountville, CA | 80 | 100% | 80 | 54.34% | 638.09 | 346.75 | |||
| The Ritz-Carlton Sarasota | Sarasota, FL | 276 | 100% | 276 | 65.88% | 554.04 | 365.00 | |||
| The Ritz-Carlton Lake Tahoe (2) | Truckee, CA | 170 | 100% | 170 | 54.09% | 758.59 | 410.31 | |||
| Cameo Beverly Hills (3) | Los Angeles, CA | 143 | 100% | 143 | 52.63% | 280.09 | 147.41 | |||
| The Ritz-Carlton Reserve Dorado Beach (4) | Dorado, Puerto Rico | 96 | 100% | 96 | 67.48% | 2,195.81 | 1,481.67 | |||
| Four Seasons Resort Scottsdale | Scottsdale, AZ | 210 | 100% | 210 | 60.22% | 867.26 | 522.22 | |||
| Ground Lease Property (5) | ||||||||||
| Bardessono Hotel and Spa (6) | Yountville, CA | 65 | 100% | 65 | 67.15% | 965.02 | 648.00 | |||
| Total | 3,028 | 3,028 | 67.37% | $410.00 | $276.21 | |||||
(1)The hotel was 75% majority owned by Braemar through November 2025.
(2) The above information does not include the operations of the voluntary rental program with respect to condominium units not owned by the Company.
(3)Includes 138 hotel rooms and five residences adjacent to the hotel. On August 1, 2023, the Company announced the rebranding and planned conversion of the hotel to the Cameo Beverly Hills. In December 2025, after an extensive renovation was completed, the hotel joined LXR Hotels & Resorts.
(4)The above information does not include the operations of the voluntary rental program with respect to residential units not owned by the Company.
(5) Some of our hotel properties are on land subject to ground leases, one of which covers the entire property.
(6) The initial ground lease expires in 2065. The ground lease contains two 25-year extension options, at our election.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.