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Braemar Hotels & Resorts Inc. revenue

Braemar Hotels & Resorts Inc.'s revenue was $704m in fiscal 2025, down 3.3% on the year before. Since fiscal 2012 ($221m) it has grown at a compound 9.3% a year. Over the last twelve months it was $689m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Braemar Hotels & Resorts Inc.: revenue history, annual
Fiscal year2012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue221233307350406414431488227428670739728704689
Growth on the year before—+5.6%+31.6%+13.7%+16.1%+2.0%+4.2%+13.0%−53.5%+88.4%+56.6%+10.4%−1.5%−3.3%—
Gross profit————143142159164———————
Gross margin————35.3%34.4%36.8%33.6%———————

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Hotel $704M 100.0% ▼ 3.3%
Occupancy (part of Hotel) $429M 60.9% ▼ 5.2%
Food and Beverage (part of Hotel) $180M 25.5% ▼ 0.9%
Hotel Other (part of Hotel) $95.5M 13.6% ▲ 0.7%
Geography
Region Revenue Share YoY
FL $125M 17.7% ▲ 7.0%
Canada $99.7M 14.2% ▲ 3.0%
PR $86.9M 12.3% ▲ 10.9%
AZ $79.3M 11.3% ▲ 9.9%
VI $67.9M 9.6% ▼ 8.7%
DC $64.6M 9.2% ▼ 0.9%
Sold Properties $61.3M 8.7% ▼ 40.5%
CO $45.5M 6.5% ▼ 5.0%
Israel $37.5M 5.3% ▼ 0.1%
PA $36.5M 5.2% ▲ 0.2%

From Braemar Hotels & Resorts Inc.'s 10-K filed March 12, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Hotel & Resort REITs: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Braemar Hotels & Resorts Inc. $689m -3.8% -2.1%
Summit Hotel Properties, Inc. $736m 1.2% 0.4%
Sunstone Hotel Investors, Inc. $1.00bn 7.3% -0.2%
Ashford Hospitality Trust Inc $1.07bn -5.8% -7.6%
Xenia Hotels & Resorts, Inc. $1.09bn 1.6% 1.5%
Diamondrock Hospitality Co $1.14bn 1.0% 2.4%

Compare with peers

Head to head: BHR vs INNBHR vs SHOAHT vs BHR

More: Hotel & Resort REITs stocks compared, Real Estate sector, rankings of US companies

Figures from Braemar Hotels & Resorts Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Braemar Hotels & Resorts Inc.