Blackwells Highlights Statements from Braemar's Definitive Proxy Filing [Yahoo! Finance]
Braemar Hotels & Resorts Inc. (BHR)
Last braemar hotels & resorts inc. earnings: 2/26 05:10 pm
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Source: Yahoo! Finance
NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC (“Blackwells”), a shareholder of Braemar Hotels & Resorts Inc. (“Braemar” or the “Company”) (NYSE: BHR), commented on the filing of Braemar's Definitive Proxy Statement (the “Definitive Proxy”) with the Securities and Exchange Commission (the “SEC”) today. Jason Aintabi, Chief Investment Officer of Blackwells, said: “Braemar filed its Definitive Proxy and Braemar's shares finished down 7% while the markets took out record highs. Mr. Bennett wrote ‘As always, we will continue to look at ways to fulfill our mission to create and protect stockholder value' but: Braemar shares have lost over 90% of their value, Ashford Hospitality Trust is down 99% and AINC is down 95% . Mr. Bennett has one of the worst track records of any manager in the history of REITs – placatory announcements notwithstanding.” Blackwells highlights excerpts it believes demonstrate that the current Braemar board, at best, is completely disconnec
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News
- Braemar Hotels & Resorts (NYSE: BHR) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- UNITE HERE Local 11 Alert for Ashford Inc., Ashford Hospitality Trust and Braemar Hotels & Resorts Investors [Yahoo! Finance]Yahoo! Finance
- Boycott of Beverly Hills hotels gets boost from Hollywood writers [Los Angeles Times (CA)]Los Angeles Times
- Braemar Hotels & Resorts (NYSE: BHR) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- BRAEMAR HOTELS & RESORTS SETS THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATESPR Newswire
BHR
Earnings
- 7/31/24 - Miss
BHR
Sec Filings
- 9/26/24 - Form PX14A6G
- 9/19/24 - Form 8-K
- 9/18/24 - Form PX14A6G
- BHR's page on the SEC website