Braemar Hotels & Resorts Inc (NYSE:BHR) achieved a 1.5% growth in comparable RevPAR and a 3.7% increase in total comparable growth, indicating strong performance in both urban and resort hotel segments.
The company successfully addressed its final 2025 debt maturity and agreed to sell the Marriott Seattle Waterfront, enhancing its liquidity position.
The resort portfolio reported a 1.6% increase in comparable RevPAR and a 6.9% increase in comparable hotel EBITDA, with standout performances from Ritz-Carlton Lake Tahoe and Ritz-Carlton Reserve Dorado Beach.
Group revenue pace for 2025 is up 8.6%, with continued growth expected in 2026, reflecting strong booking trends.
The transition of Sofitel Chicago Magnificent Mile to a franchise model is already yielding positive results, with increased total hotel revenue and food and beverage revenue.
Braemar Hotels & Resorts Inc (NYSE:BHR) reported a net loss attributed to stockholders of $1 million or $0.24 per diluted share for the quarter.
Approximately 78% of the company’s debt is effectively floating, which could pose a risk if interest rates rise.
The company experienced temporary headwinds from renovations at two properties, which muted results to some extent.
Government segment softness impacted the Capitol Hilton in Washington, D.C., affecting overall performance.
Despite strong group and leisure performance, the company faced challenges with Easter timing and renovation disruptions.
Q: Is there an incremental focus on grouping up, and are you looking to implement this strategy across more properties? A: Yes, we are looking to group up broadly across the portfolio. Additional group base insulates us from external headwinds, but it has to be the right group that generates additional catering and banquet spend. We are primarily focused on funneling groups in slower demand months and off-season.
Q: How did May and June perform versus your expectations, especially considering the Easter shift in April? A: May and June performed more in line with our expectations. We experienced some headwinds due to renovations and softness in the government segment, but group strength, corporate business, and leisure were strong, allowing us to overcome these challenges.
Q: Following the Seattle sale, is there less urgency to sell more assets, and how does this affect upcoming transactions? A: With the Seattle sale, we have a significant cash balance, providing more flexibility. We don’t have further property sales planned for this year, but we will assess in 2026. The transaction environment is improving, and we are open to future sales as the debt markets heal.
Q: Can you elaborate on the performance of the Ritz-Carlton Dorado Beach and its strategy? A: The Ritz-Carlton Dorado Beach delivered a 17% increase in revPAR, driven by a strategy to supplement transient demand with group business. Group revenue increased 98%, and transient revenue increased 5.8%, reflecting a balanced demand mix.
Q: What are the current capital expenditure plans and their expected impact? A: We expect capital expenditures to total between $75 million and $95 million for 2025. Recent projects, like those at the Ritz-Carlton Lake Tahoe, have generated significant NOI, underscoring our disciplined capital deployment strategy and focus on long-term value creation.
Emirates and IHG Hotels & Resorts sign MOU to explore collaboration, incentives and support travel needs of SMEs
The Voice of Chandigarh News:
Emirates and IHG Hotels & Resorts (IHG) have signed a Memorandum of Understanding (MoU) to explore joint collaborations on programmes designed to meet the travel needs of Small and Medium Enterprises (SMEs) across global markets. The signing ceremony was attended by Nabil Sultan, Emirates’ Executive Vice President for Passenger Sales and Country Management; Matthew Jones, VP-USA, Emirates; Ashraf Baytam, Senior Manager Global Business Travel, Emirates; and Ryan Plemmons, Vice President, Global Sales Strategy, IHG Hotels & Resorts.
Together, Emirates and IHG will explore ways to reach and engage with SMEs through value-added benefits and exclusive rewards to facilitate business travel. The hotel group will provide enhanced travel incentives and seamless integration with its extensive portfolio of hotels and resorts around the globe.
Present at the signing ceremony was Nabil Sultan, Executive Vice President for Passenger Sales and Country Management, who commented: “With the SME segment playing a crucial role in fostering economic growth and creating jobs, Emirates is committed to supporting them with solutions and value-added propositions to meet their travel needs. We are pleased to collaborate with the leading hotel group, IHG Hotels & Resorts, to explore programmes that will be mutually beneficial to our valued customers. Together we aim to extend valuable benefits to our customers in the SME sector, while expanding our customer base in this very important segment.”
Mark Sergot, SVP, Global Sales, IHG Hotels & Resorts, said: “We are thrilled to partner with Emirates to redefine business travel for Small and Medium Enterprises worldwide. This collaboration underscores our shared commitment to delivering exceptional value, seamless experiences, and exclusive rewards tailored to the unique needs of SMEs. By combining IHG’s hospitality expertise with Emirate’s global connectivity, we are unlocking new possibilities to empower businesses and drive growth across international markets.”
London, United Kingdom – A modern hotel brand, TRIBE Hotels, part of IHG Hotels & Resorts, continues to grow further into Europe. IHG is now set to open multiple new hotels in Krakow, Paris, Budapest, Ljubljana and other major cities. TRIBE is renowned for its design-oriented hospitality and is known to offer modern, tiered, and affordable hotels. The speedy growth of this brand shows a soaring demand for excellently designed and affordable functional hotels for business and leisure travelers.
We’ve TRIBE Krakow Old Town now open, and Paris, Budapest, and Ljubljana as future projects, we can see the rapid development of TRIBE across the the rest of Europe, providing travelers modern and stylish hotels that showcase local culture.
A Brand Focused on Design for Today’s Travelers
TRIBE Hotels was launched in 2017 and has been committed to offering comfortable and functional design stays that are convenient and stylish for today’s traveler. Every hotel incorporates local and cultural design elements to give guests a refreshing yet modern feel. Every TRIBE hotel integrates local design elements to give a modern yet authentic feel. This approach, together with a design focus and a minimalist approach, guarantees that all TRIBE hotels deliver a remarkable stay.
New Openings Across Europe
TRIBE Hotels is further expanding their presence in Europe with the opening of new locations in key markets:
TRIBE Krakow Old Town, Poland: Opened in July 2025, this property is inspired by the cult TV show Twin Peaks, reflecting the cinematographic style of David Lynch. The hotel has 168 guest rooms, a coffee bar, a pan-Asian restaurant, a wellness area, and two meeting rooms. Moreover, the guests can relish the city and global local design while savoring Krakow’s rich history.
TRIBE Budapest Airport, Hungary: Located adjacent to Liszt Ferenc International Airport, this hotel, opened in May 2025, offers 167 guest rooms, five meeting rooms, a rooftop bar, and a fitness center. As one of the early adopters of BREEAM certification, one of the first BREEAM-certified Hotels in Hungary, it focuses on sustainable design while prioritizing guest comfort.
TRIBE Paris Pantin, France: This property is the newest addition to TRIBE, having opened in June 2025, and is situated pivot near La Villette’s cultural center.
The hotel includes a Social Hub with Italian restaurant, a fully equipped gym, a modern meeting room and philarmonic halls and zenith concert venues, and over 131 rooms, which gives a brilliant opportunity to explore Paris.
TRIBE Montpellier Gare Sud de France, France: This hotel is based further from the city centre, but is easy to reach via the Montpellier Sud de France train station. With 120 rooms, and a TRIBE restaurant, the hotel also includes a rooftop bar and swimming pool.
TRIBE Reims Centre, France: This hotel is one of the many TRIBE Redesigns and will be located right in the heart of the Champagne capital of France, Reims. With 92 guest rooms, the hotel will also feature a restaurant, meeting rooms and provide a rooftop terrace boasting beautiful views of the Reims Cathedral.
TRIBE Den Haag Centraal, Netherland: With a late 2025 opening, this is the only design hotel in featuring business oriented meeting rooms along with 159 guest rooms focused on leisure.
From the hotel’s rooftop bar, guests will enjoy breathtaking views of The Spui Square.
TRIBE Ljubljana, Slovenia: This hotel is expected to open in 2027 and will be the first hotel of the brand in Slovenia. It will be design driven, integrating the vibrancy of the city. The hotel will be centrally located and will have particular design features inspired by the city’s rich culture and history.
TRIBE Porto Gaia, Portugal: Scheduled for 2027, this hotel will serve as a stylish and functional TRIBE brand hotel in the dynamic Porto city, merging modern design and local cultural influences. The hotel will be located in a great area for exploring Porto’s rich history and wine culture.
TRIBE Rostock, Germany: Scheduled to open in 2028, the hotel will infuse new life into Germany’s Baltic coast. The property will have 157 rooms, a rooftop bar, and extensive meeting spaces, including an 115 m² auditorium which will elegantly host both business and leisure events.
Sustainability and Community Focus
Eco-friendly operations is at the core of the brand, and as part of its sustainability strategy many TRIBE hotels in Europe are pursuing BREEAM certification, reflecting the brand’s dedication to sustainability.
While sustaining ecological and environmental efforts in the hospitality industry, the hotel still guarantees that guests can relish on a cozy and a stylish stay.
What is TRIBE USPs for European Visitors
TRIBE Hotels is making business travel easier with their smart, design-forward hotel offering that includes a TRIBE branded restaurant. Each hotel includes high-speed internet and self-service kiosks, making it more efficient for business guests, and has flexible workstations. Every TRIBE hotel has a Social Hub, a shared space that combines work, leisure, and social activities in an engaging atmosphere. Guests can have a walk in the dynamic settings and relish healthy meals inspired from the local cuisine at TRIBE Table.
The United States has temporarily restricted its government personnel from visiting upscale hotels in Karachi, Pakistan, following a reported threat targeting these establishments. The move was confirmed in a security alert issued Friday by the US State Department.
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