Braemar Hotels & Resorts Files Definitive Proxy Materials

TL;DR

BHR filed definitive proxy docs (DEFA14A) on 5/21. Get ready to vote!

AI Summary

Braemar Hotels & Resorts Inc. (BHR) filed a DEFA14A proxy statement on May 21, 2024. This filing is soliciting material under Rule 14a-12, indicating it's not a preliminary proxy statement but rather definitive material used for soliciting shareholder votes. The company, formerly known as Ashford Hospitality Prime, Inc., is based in Dallas, TX, and operates as a Real Estate Investment Trust.

Why It Matters

This filing is crucial for shareholders as it contains the official proxy materials used to solicit votes for upcoming company decisions, impacting corporate governance and strategic direction.

Risk Assessment

Risk Level: low — This is a standard proxy filing (DEFA14A) and does not contain new financial information or significant corporate actions that would inherently increase risk.

Key Numbers

• 1231 — Fiscal Year End (Indicates the end of the company's annual accounting period.)

Key Players & Entities

• Braemar Hotels & Resorts Inc. (company) — Registrant
• Ashford Hospitality Prime, Inc. (company) — Former company name
• 14185 DALLAS PARKWAY SUITE 1100 DALLAS TX 75254 (location) — Business and mailing address

FAQ

Filing Documents

• bhr5-21x24socialmediadefa.htm (DEFA14A) — 31KB
• a1716319208883.jpg (GRAPHIC) — 71KB
• a1716319232173.jpg (GRAPHIC) — 48KB
• 0001574085-24-000125.txt ( ) — 196KB

Forward-Looking Statements

Forward-Looking Statements Certain statements and assumptions in this communication contain or are based upon "forward-looking" information and are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this communication include, among others, statements about the Company's strategy and future plans. These forward-looking statements are subject to risks and uncertainties. When we use the words "will likely result," "may," "anticipate," "estimate," "should," "expect," "believe," "intend," or similar expressions, we intend to identify forward-looking statements. Such statements are subject to numerous assumptions and uncertainties, many of which are outside Braemar's control. These forward-looking statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated, including, without limitation our ability to complete the shareholder value creation plan on a timely basis, if at all our ability to repay, refinance or restructure our debt and the debt of certain of our subsidiaries anticipated or expected purchases or sales of assets our projected operating results completion of any pending transactions risks associated with our ability to effectuate our dividend policy, including factors such as operating results and the economic outlook influencing our board's decision whether to pay further dividends at levels previously disclosed or to use available cash to pay dividends our understanding of our competition market trends projected capital expenditures the impact of technology on our operations and business general volatility of the capital markets and the market price of our common stock and preferred stock availability, terms and deployment of capital availability of qualified personnel changes in our industry and the markets in which we operate, interest rates or the general economy and the degree and

View Full Filing

View this DEFA14A filing on SEC EDGAR