Braemar Hotels (BHR) - Hoya Hotseat
Hoya Capital
Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts. BHR owns 15 hotel and resort properties comprising approximately 3,800 hotel rooms under a handful of brands, including Ritz Carlton, Four Seasons, and Park Hyatt. Focused primarily in Florida and California, BHR derives roughly 60% of its revenues from Resort properties and 40% from Urban properties.
CEO Richard Stockton joins the Hoya Hotseat to discuss BHR's unique focus on the resort segment, the company's growth since its 2013 spin-off from Ashford Hospitality Trust, and broader hotel industry fundamentals,