Braemar Hotels & Resorts Provides Updated Revenue Guidance for 2027
Braemar Hotels & Resorts (NYSE: BHR) has provided an updated revenue outlook for 2027, estimating earnings between $407 million and $412 million. This forecast exceeds the current consensus estimate of $401 million, signaling stronger-than-expected performance from the company's portfolio of hotels. The firm also projected adjusted funds from operations (FFO) per diluted share to range between $0.25 and $0.31 for 2027. The positive guidance has been well-received by investors, with shares rising approximately 4% following the announcement.
