Company: BHR-PD
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001574085-25-000130
Chunk: 202

Company: Braemar Hotels & Resorts Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 202
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(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 and Spa, The Notary Hotel and Hotel Yountville.

Other Hotel Revenue. Other hotel revenue, which consists mainly of condominium management fees, health center fees, resort fees, golf, telecommunications, parking and rentals, increased $873,000,