Braemar Hotels & Resorts : 1st Quarter 2025 Earnings Update - May 2025

Published: 2025-05-09 13:39:04 ET BHR

Published on 05/09/2025 at 13:39

Earnings Update

Four Seasons Scottsdale

Company Fact Sheet

Since inception in 2013, we have significantly increased Gross Asset Value and EBITDA for our iconic and irreplaceable portfolio

EQUITY MARKET CAP(1)

ENTERPRISE VALUE(1)

Total Assets (1)(2)

Number of Hotels(1)

Luxury Hotels Drive TTM Q1'25 Hotel EBITDA(1)(3)(4)(5)

+118%

3/31/2025

$962

$2,098

% of Total Hotel Rev

(1)(2)(4)(6)

2013

2025

2013

+7

2024

2025

$150,000

8

15

$125,000

$100,000

$75,000

$50,000

$25,000

$-

Luxury

$128,783

Upper Upscale

$53,841

Hotel EBITDA (1)(2)(4)

Resorts Drive TTM Q1'25 EBITDA(1)(3)(4)

12/31/2013

$233

$715

$78

$183

+207%

+134%

Urban, 31%

2013 TTM Q1'25

2013 TTM Q1'25

Resort, 69%

As of 3/31/25

In millions

Torrey Pines sold in Q3'24

TTM Q1'25 Hotel Rev and Hotel EBITDA figures are comparable

In thousands

Total hotel revenue includes the full results reported to us by our hotel managers for residences that we do not own but that are managed in connection with The Ritz-Carlton Lake Tahoe and The Ritz-Carlton Reserve Dorado Beach hotels

Company Presentation | May 2025

3

5 Industry Update

9

Portfolio Overview

14

Recent Results & Developments

21

Liability Management

23

Appendix

Ritz-Carlton Reserve Dorado Beach

Industry Update

Ritz-Carlton, St. Thomas

Disclaimer

Braemar Hotel & Resorts Inc. published this content on May 09, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 09, 2025 at 17:38 UTC.