Company: BHR-PD
Filing Date: 2025-04-29
Form Type: 10-K/A
Source: 0001574085-25-000040
Chunk: 0

Company: Braemar Hotels & Resorts Inc.
Filing Date: 2025-04-29
Form: 10-K/A
Chunk 0
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### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### WASHINGTON, D.C. 20549

#### FORM 10-K/A
<div align='center'>(Amendment No. 1)</div>

| ☑ |     | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |

For the fiscal year ended December 31, 2024

#### OR
| ☐ |     | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |

For the transition period from _______ to ________

#### Commission file number: 001-35972

#### BRAEMAR HOTELS & RESORTS INC.
<div align='center'>(Exact name of registrant as specified in its charter)</div>

| Maryland                                                       |     |                          46-2488594 |
| (State or other jurisdiction of incorporation or organization) |     | -IRS employer identification number |
| 14185 Dallas Parkway                                           |     |                                     |
| Suite 1200                                                     |     |                                     |
| Dallas                                                         |     |                                     |
| Texas                                                          |     |                               75254 |
| (Address of principal executive offices)                       |     |                           -Zip code |

<div align='center'>( 972) 490-9600

(Registrant’s telephone number, including area code)</div>

Securities registered pursuant to Section 12(b) of the Act:

| Title of each class       |     | Trading Symbol(s) |     | Name of each exchange on which registered |
| Common Stock              |     | BHR               |     | New York Stock Exchange                   |
| Preferred Stock, Series B |     | BHR-PB            |     | New York Stock Exchange                   |
| Preferred Stock, Series D |     | BHR-PD            |     | New York Stock Exchange                   |

<div align='center'>Securities registered pursuant to Section 12(g) of the Act:</div>

#### None
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. ¨ Yes þ No

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. ¨ Yes þ No

Indicate by check mark whether the registrant (1