Company: BHR-PD
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001574085-25-000092
Chunk: 190

Company: Braemar Hotels & Resorts Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 8
Chunk 190
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The Clancy 2,124 141 11.2 %Sofitel Chicago Magnificent Mile(75)(226)3.4 %Pier House Resort & Spa25 138 (1.1)%The Ritz-Carlton St. Thomas(2,161)(426)(1.3)%Park Hyatt Beaver Creek Resort & Spa (1)201 (480)11.0 %Hotel Yountville (1)(748)(834)0.6 %The Ritz-Carlton Sarasota (2)(1,413)72 (6.4)%Bardessono Hotel and Spa (2)40 324 (4.3)%The Ritz-Carlton Lake Tahoe (2)1,056 148 5.0 %Cameo Beverly Hills(212)(90)(2.4)%The Ritz-Carlton Reserve Dorado Beach3,136 703 (0.3)%Four Seasons Resort Scottsdale1,198 477 (1.9)%Total$5,264 10 2.6 %Non-comparableHilton La Jolla Torrey Pines$(14,127)n/an/a

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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 $3.8 million, or 3.7%, to $97.4 million during the 2025 period compared to the 2024 period. We experienced an aggregate decrease in food and beverage revenue of $3.5 million at six comparable hotel properties and a decrease of $8.9 million due to the sale of Hilton La Jolla Torrey Pines. These decreases were partially offset by an aggregate increase of approximately $8.6 million at The Ritz-Carlton Lake Tahoe, Four Seasons Resort Scottsdale, The Ritz-Carlton Sarasota, The Ritz-Carlton Reserve Dorado Beach, The Notary Hotel, Marriott Seattle Waterfront, Pier House Resort & Spa, Bardessono Hotel and Spa 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 $845,000, or 1.7%, to $51.6 million during the 2025 period compared to the 2024 period.