Name | Value |
---|---|
Revenues | 159.8M |
Cost of Revenue | 133.9M |
Gross Profit | 25.9M |
Operating Expense | 25.2M |
Operating I/L | 0.7M |
Other Income/Expense | -24.5M |
Interest Income | 1.0M |
Pretax | -23.8M |
Income Tax Expense | -1.2M |
Net Income/Loss | -22.0M |
Braemar Hotels & Resorts is a real estate investment trust (REIT) specializing in luxury hotel and resort investments. The company generates revenue by acquiring, owning, and managing upscale properties in key markets. By offering premium accommodations and amenities, Braemar Hotels & Resorts targets high-end clientele, aiming to deliver exceptional guest experiences and maximize profitability. Through strategic property acquisitions and effective management, the company seeks to capitalize on the growing demand for luxury hospitality, ultimately driving financial success and shareholder value.