Braemar Hotels Files 8-K for Reg FD Disclosure, Exhibits
Ticker: BHR-PD · Form: 8-K · Filed: Feb 7, 2024 · CIK: 1574085
| Field | Detail |
|---|---|
| Company | Braemar Hotels & Resorts INC. (BHR-PD) |
| Form Type | 8-K |
| Filed Date | Feb 7, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $300 million, $330 million |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: regulation-fd, disclosure, corporate-governance
TL;DR
**Braemar Hotels just filed an 8-K for a Reg FD disclosure, signaling important news is out or coming.**
AI Summary
Braemar Hotels & Resorts Inc. filed an 8-K on February 7, 2024, to report a Regulation FD Disclosure and Financial Statements and Exhibits. This filing indicates that the company is providing information to the public, likely related to an upcoming announcement or event, to ensure fair and equal access to material non-public information. For investors, this matters because it signals that important news is either being released or has just been released, which could impact the stock price of Braemar Hotels & Resorts Inc. (NYSE: BHR).
Why It Matters
This filing indicates Braemar Hotels & Resorts Inc. is making a public disclosure, which could contain new information impacting its financial outlook or operations. Investors should watch for the specific details of the Regulation FD disclosure.
Risk Assessment
Risk Level: low — This 8-K is a procedural filing for a Regulation FD disclosure, which itself is not inherently risky but rather a mechanism for transparent communication.
Analyst Insight
A smart investor would immediately look for the content of the Regulation FD disclosure and any accompanying exhibits to understand the specific information being shared by Braemar Hotels & Resorts Inc., as this could contain material news affecting the stock.
Key Players & Entities
- Braemar Hotels & Resorts Inc. (company) — the registrant filing the 8-K
- February 7, 2024 (date) — date of report
- Maryland (company) — state of incorporation for Braemar Hotels & Resorts Inc.
- 001-35972 (company) — Commission File Number for Braemar Hotels & Resorts Inc.
- 46-2488594 (company) — IRS employer identification number for Braemar Hotels & Resorts Inc.
FAQ
What is the purpose of Braemar Hotels & Resorts Inc.'s 8-K filing dated February 7, 2024?
The 8-K filing by Braemar Hotels & Resorts Inc. on February 7, 2024, is for a Regulation FD Disclosure and Financial Statements and Exhibits, as indicated in the 'ITEM INFORMATION' section of the filing.
What is the registrant's exact name and state of incorporation as specified in its charter?
The exact name of the registrant is BRAEMAR HOTELS & RESORTS INC., and its state of incorporation is Maryland, according to the filing.
What is the business address and phone number of Braemar Hotels & Resorts Inc.?
The business address for Braemar Hotels & Resorts Inc. is 14185 Dallas Parkway, Suite 1200, Dallas, Texas 75254, and its telephone number is (972) 490-9600, as stated in the filing.
What was the former name of Braemar Hotels & Resorts Inc. and when did the name change occur?
The former name of Braemar Hotels & Resorts Inc. was Ashford Hospitality Prime, Inc., and the date of the name change was 20130410 (April 10, 2013), as per the 'FORMER COMPANY' section of the filing.
Is Braemar Hotels & Resorts Inc. classified as an emerging growth company?
The filing indicates that Braemar Hotels & Resorts Inc. is NOT an emerging growth company, as the checkbox for 'Emerging growth company' is not marked.
Filing Stats: 540 words · 2 min read · ~2 pages · Grade level 13 · Accepted 2024-02-06 17:46:14
Key Financial Figures
- $300 million — bt maturities. A total of approximately $300 million in debt, out of a total of approximatel
- $330 million — n debt, out of a total of approximately $330 million maturing in 2024, has been extended or
Filing Documents
- bhr-20240207.htm (8-K) — 29KB
- bhr2024loanupdatepr.htm (EX-99.1) — 15KB
- braemarlogoa40a.jpg (GRAPHIC) — 113KB
- 0001574085-24-000008.txt ( ) — 376KB
- bhr-20240207.xsd (EX-101.SCH) — 2KB
- bhr-20240207_def.xml (EX-101.DEF) — 16KB
- bhr-20240207_lab.xml (EX-101.LAB) — 31KB
- bhr-20240207_pre.xml (EX-101.PRE) — 17KB
- bhr-20240207_htm.xml (XML) — 5KB
01 REGULATION FD DISCLOSURE
ITEM 7.01 REGULATION FD DISCLOSURE. On February 7, 2024, Braemar Hotels & Resorts Inc. (the "Company") issued a press release announcing that it has refinanced or extended almost all of its 2024 debt maturities. A total of approximately $300 million in debt, out of a total of approximately $330 million maturing in 2024, has been extended or refinanced. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information in this Form 8-K and Exhibits attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits Exhibit Number Exhibit Description 99.1 Press Release of the Company, dated February 7, 2024 104 Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BRAEMAR HOTELS & RESORTS INC. Dated: February 7, 2024 By: /s/ Alex Rose Alex Rose Executive Vice President, General Counsel & Secretary