Company: BHR-PD
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001574085-25-000130
Chunk: 116

Company: Braemar Hotels & Resorts Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 2
Chunk 116
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dollars in thousands):

Hotel PropertyFavorable (Unfavorable)Rooms RevenueOccupancy (change in bps)ADR(change in %)Comparable Capital Hilton (2)$(100)(424)5.5 %The Notary Hotel(387)(104)— %The Clancy 3,721 307 11.1 %Sofitel Chicago Magnificent Mile(172)(239)3.0 %Pier House Resort & Spa106 246 (2.4)%The Ritz-Carlton St. Thomas (2)(2,753)(584)1.3 %Park Hyatt Beaver Creek Resort & Spa (1)(474)(757)12.4 %Hotel Yountville (1)(908)(684)0.8 %The Ritz-Carlton Sarasota (2)(1,604)94 (6.4)%Bardessono Hotel and Spa (2)209 393 (3.8)%The Ritz-Carlton Lake Tahoe (2)2,418 500 2.8 %Cameo Beverly Hills(735)(567)(1.5)%The Ritz-Carlton Reserve Dorado Beach4,555 716 0.4 %Four Seasons Resort Scottsdale2,062 577 (2.6)%Total$5,938 (80)3.5 %Non-comparableHilton La Jolla Torrey Pines$(15,501)n/an/aMarriott Seattle Waterfront(6,026)(31)(4.9)%

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(1)This hotel was under renovation during the 2025 period.

(2)This hotel was under renovation during the 2024 period.

42

Food and Beverage Revenue. Food and beverage revenue decreased $1.9 million, or 1.4%, to $134.0 million during the 2025 period compared to the 2024 period. We experienced an aggregate decrease in food and beverage revenue of $4.0 million at six comparable hotel properties and a decrease of $9.7 million due to the sales of Marriott Seattle Waterfront and Hilton La Jolla Torrey Pines. These decreases were partially offset by an aggregate increase of approximately $11.8 million at The Ritz-Carlton Lake Tahoe, Four Seasons Resort Scottsdale, The Ritz-Carlton Reserve Dorado Beach, The Ritz-Carlton Sarasota, Pier House Resort & Spa, Bardessono Hotel