Risk factors

Braemar Hotels & Resorts (BHR) risk factors

Item 1A of every Braemar Hotels & Resorts Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    98 risks8 new3 dropped11 reworded

    Braemar is exploring strategic alternatives like selling assets or the company, creating significant stock volatility and distraction. Total debt decreased slightly to $1.1 billion with $1.0 billion variable. Conflicts of interest and tax compliance remain major operational risks.

    Filed Mar 12, 2026
  • FY2024 10-K risk factors
    93 risks

    Invests heavily in luxury hotels concentrated in specific U.S. metropolitan areas, relying entirely on external advisor Ashford LLC for management.

    Filed Mar 12, 2025