Braemar Hotels & Resorts Inc. (NYSE: BHR) reported today that the Company expects to report occupancy of approximately 55% for the first quarter of 2022 with an average daily rate of approximately $597 resulting in RevPAR of approximately $328.
The total consideration for the acquisition was approximately $193 million ($1.8 million per key, inclusive of the residential units in the rental program).
The Company reported a preliminary estimated range of net loss attributable to common stockholders of approximately $(5.2) million to $(3.8) million or $(0.08) to $(0.06) per share, a preliminary estimated range of Adjusted EBITDAre of $28.7 million to $30.1 million.
Braemar Hotels & Resorts Inc. (NYSE: BHR) reported today preliminary portfolio occupancy of 56.4% for the month of September with an average daily rateof approximately $333 resulting in RevPAR of approximately $188.
Braemar Hotels & Resorts Inc. (NYSE: BHR) reported today preliminary portfolio occupancy of 59.2% for the month of August with an average daily rate (ADR) of approximately $345.88 resulting in RevPAR of approximately $204.69. This RevPAR result represents an approximate increase of 149% versus August 2020 and an approximate decrease of 12% versus August 2019.
The Company reported a preliminary estimated range of net loss attributable to common stockholders of approximately $(16.3) million to $(14.9) million or $(0.34) to $(0.31) per share.