Company: BHR-PD
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001574085-25-000092
Chunk: 171

Company: Braemar Hotels & Resorts Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 8
Chunk 171
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Food and beverage45,571 47,563 97,359 101,110 Other hotel revenue23,682 23,797 51,622 50,777 Total hotel revenue$179,077 $187,587 $394,897 $406,666 EXPENSESHotel expenses:Rooms$27,285 $27,476 $55,504 $55,740 Food and beverage35,767 36,664 75,977 77,381 Direct expenses8,208 7,970 17,667 17,739 Indirect expenses:Property, general and administration15,466 15,644 30,864 32,247 Sales and marketing12,557 12,624 25,730 26,005 Information and telecommunications systems1,884 2,072 3,959 4,120 Repairs and maintenance8,053 7,906 15,825 15,568 Energy5,892 5,781 11,751 11,745 Lease expense568 1,483 1,122 2,656 Ownership expenses1,172 761 2,154 1,937 Incentive management fee1,221 2,361 5,450 6,211 Management fees5,424 5,871 12,161 12,737 Property taxes4,002 5,203 9,953 10,913 Other taxes299 332 767 845 Insurance3,486 4,362 7,479 8,765 Total expenses131,284 136,510 276,363 284,609 Hotel adjusted EBITDA$47,793 $51,077 $118,534 $122,057 Three Months Ended June 30,Six Months Ended June 30,2025202420252024Hotel adjusted EBITDA$47,793 $51,077 $118,534 $122,057 Ownership expenses included in other hotel expenses(1,424)(1,553)(2,299)(3)Ownership expenses included in property taxes, insurance and other(105)(161)(158)(232)Management fees(117)(197)(290)(307)Depreciation and amortization(23,360)(24,694)(46,755)(50,114)Advisory services fee(