secwatch.observer — SEC 8-K summary
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Issuer:     Braemar Hotels & Resorts Inc. (BHR)
CIK:        0001574085
Form:       8-K
Filed at:   2026-10-13T10:15:54+00:00
Accession:  0001574085-26-000153
Event type: earnings
Sentiment:  neutral
Materiality: 0.40
Item codes: 7.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Braemar posts TTM Hotel EBITDA $90.4M on $385.2M revenue; Cameo Beverly Hills at -$3.9M
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- Trailing twelve months ended August 31, 2026: portfolio RevPAR $334, revenue $385.2M, Hotel EBITDA $90.4M, Hotel EBITDA margin 23.5%.
- Ritz-Carlton Reserve Dorado Beach leads the portfolio: RevPAR $1,747, revenue $101.5M, Hotel EBITDA $28.1M (27.7% margin).
- Cameo Beverly Hills, LXR Hotels & Resorts showed Hotel EBITDA of negative $3.9M on $11.4M revenue (-34.4% margin) after its 2025 renovation and January 2026 brand conversion.
- Weakest margin besides Cameo: Ritz-Carlton Lake Tahoe at 14.6% ($8.0M EBITDA on $55.0M); highest: The Notary Hotel, Autograph Collection at 33.8%.
- Figures are preliminary and unaudited; no GAAP reconciliation is provided for the August 31, 2026 period, which the company says will come with Q3 2026 results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1574085/000157408526000153/0001574085-26-000153-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1574085/000157408526000153/bhr-20261013.htm
  HTML page:      https://secwatch.observer/filing/0001574085-26-000153

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer