Braemar Hotels & Resorts (BHR) Revenue & Revenue Breakdown

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Braemar Hotels & Resorts Revenue Highlights

Latest Revenue (Y)

$704.01M

Latest Revenue (Q)

$143.56M

Main Segment (Y)

Hotel

Main Geography (Y)

FLORIDA

Braemar Hotels & Resorts Revenue by Period

Braemar Hotels & Resorts Revenue by Year

Date	Revenue	Change
2025-12-31	$704.01M	-3.35%
2024-12-31	$728.40M	-1.48%
2023-12-31	$739.34M	10.42%
2022-12-31	$669.59M	56.61%
2021-12-31	$427.54M	88.37%
2020-12-31	$226.97M	-53.45%
2019-12-31	$487.61M	13.03%
2018-12-31	$431.40M	4.19%
2017-12-31	$414.06M	2.02%
2016-12-31	$405.86M	16.11%
2015-12-31	$349.55M	13.74%
2014-12-31	$307.31M	31.61%
2013-12-31	$233.50M	5.56%
2012-12-31	$221.19M	15.21%
2011-12-31	$191.99M	-

Braemar Hotels & Resorts generated $704.01M in revenue during NA 2025, up -3.35% compared to the previous quarter, and up 310.17% compared to the same period a year ago.

Braemar Hotels & Resorts Revenue by Quarter

Date	Revenue	Change
2025-09-30	$143.56M	-19.84%
2025-06-30	$179.08M	-17.02%
2025-03-31	$215.82M	24.51%
2024-12-31	$173.34M	16.81%
2024-09-30	$148.40M	-20.89%
2024-06-30	$187.59M	-14.37%
2024-03-31	$219.08M	23.40%
2023-12-31	$177.53M	11.10%
2023-09-30	$159.80M	-14.41%
2023-06-30	$186.71M	-13.28%
2023-03-31	$215.30M	25.45%
2022-12-31	$171.62M	6.47%
2022-09-30	$161.19M	-7.84%
2022-06-30	$174.89M	8.04%
2022-03-31	$161.88M	24.13%
2021-12-31	$130.41M	12.25%
2021-09-30	$116.18M	19.63%
2021-06-30	$97.11M	15.82%
2021-03-31	$83.85M	61.85%
2020-12-31	$51.80M	15.76%
2020-09-30	$44.75M	247.06%
2020-06-30	$12.89M	-89.03%
2020-03-31	$117.52M	-3.44%
2019-12-31	$121.70M	2.37%
2019-09-30	$118.88M	0.31%
2019-06-30	$118.52M	-7.78%
2019-03-31	$128.51M	29.88%
2018-12-31	$98.94M	-9.10%
2018-09-30	$108.85M	-10.13%
2018-06-30	$121.12M	18.18%
2018-03-31	$102.49M	10.73%
2017-12-31	$92.56M	-14.39%
2017-09-30	$108.12M	-6.87%
2017-06-30	$116.09M	19.32%
2017-03-31	$97.30M	3.53%
2016-12-31	$93.98M	-5.69%
2016-09-30	$99.65M	-11.37%
2016-06-30	$112.43M	12.66%
2016-03-31	$99.80M	13.20%
2015-12-31	$88.16M	-2.86%
2015-09-30	$90.76M	-2.24%
2015-06-30	$92.84M	19.34%
2015-03-31	$77.79M	1.35%
2014-12-31	$76.75M	-9.47%
2014-09-30	$84.78M	0.97%
2014-06-30	$83.97M	35.86%
2014-03-31	$61.81M	12.15%
2013-12-31	$55.11M	-9.60%
2013-09-30	$60.96M	-3.76%
2013-06-30	$63.34M	17.11%
2013-03-31	$54.09M	-

Braemar Hotels & Resorts generated $143.56M in revenue during Q3 2025, up -19.84% compared to the previous quarter, and up 76.53% compared to the same period a year ago.

Braemar Hotels & Resorts Revenue Breakdown

Braemar Hotels & Resorts Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Hotel, Other	$95.49M	$94.79M	$89.11M	-	-
Food and Beverage	$179.54M	$181.25M	$185.33M	-	-
Occupancy	$428.99M	$452.36M	$464.90M	-	-
Hotel	$704.01M	$728.40M	$739.34M	$669.59M	$427.54M

Braemar Hotels & Resorts's latest annual revenue breakdown by segment (product or service), as of Dec 25: Hotel (50.00%), Occupancy (30.47%), Food and Beverage (12.75%), and Hotel, Other (6.78%).

Quarterly Revenue by Product

Product/Service	Dec 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
Occupancy	$292.90M	$136.09M	$221.38M	$92.43M	$138.55M	$364.16M	$100.74M	-	-	-	-	-	-	-	-	-	-	-	-	-
Hotel	$488.19M	$215.82M	$360.93M	$148.40M	$219.08M	$177.53M	$159.80M	$186.71M	$215.30M	$171.62M	$161.19M	$174.89M	$161.88M	$130.41M	$116.18M	$97.11M	$83.85M	$51.80M	$44.75M	$12.89M
Food and Beverage	$127.75M	$51.79M	$92.92M	$34.78M	$53.55M	$146.79M	$38.54M	-	-	-	-	-	-	-	-	-	-	-	-	-
Hotel, Other	$67.55M	$27.94M	$46.62M	$21.19M	$26.98M	$68.59M	$20.53M	-	-	-	-	-	-	-	-	-	-	-	-	-

Braemar Hotels & Resorts's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Hotel (50.00%), Occupancy (30.00%), Food and Beverage (13.08%), and Hotel, Other (6.92%).

Braemar Hotels & Resorts Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
FLORIDA	$124.76M	$116.64M	$116.16M	$73.63M	$65.97M
DISTRICT OF COLUMBIA	$64.58M	$65.13M	$57.72M	$29.88M	$9.77M
COLORADO	$45.49M	$47.91M	$49.34M	$25.25M	$17.30M
CALIFORNIA	$99.71M	$133.14M	$191.16M	$134.63M	$91.28M
ARIZONA	$79.27M	$72.11M	$67.67M	$3.11M	-
PENNSYLVANIA	$36.52M	$36.45M	$33.12M	$22.24M	$11.89M
PUERTO RICO	$86.91M	$78.39M	$80.25M	$38.08M	-
VIRGIN ISLANDS, US	$67.93M	$74.38M	$75.39M	$58.43M	$54.82M
ILLINOIS	$37.52M	$37.57M	$33.92M	$24.83M	$14.42M
WASHINGTON	-	$38.78M	$34.63M	$21.45M	$15.11M

Braemar Hotels & Resorts's latest annual revenue breakdown by geography, as of Dec 25: FLORIDA (19.41%), CALIFORNIA (15.51%), PUERTO RICO (13.52%), ARIZONA (12.33%), VIRGIN ISLANDS, US (10.57%), DISTRICT OF COLUMBIA (10.05%), COLORADO (7.08%), ILLINOIS (5.84%), and PENNSYLVANIA (5.68%).

Quarterly Revenue by Country

Country	Dec 25	Mar 25	Dec 24	Sep 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
DISTRICT OF COLUMBIA	$47.27M	$17.31M	$35.42M	$14.26M	$15.46M	$24.97M	$12.54M	$11.43M	$8.78M	$8.53M	$7.75M	$9.72M	$3.88M	$4.06M	$2.48M	$1.20M	$2.03M	$738.00K	$331.00K	$-9.00K
CALIFORNIA	$61.34M	$38.37M	$50.50M	$34.55M	$48.10M	$74.86M	$50.73M	$31.00M	$34.57M	$31.52M	$37.83M	$34.31M	$30.97M	$30.35M	$28.84M	$19.35M	$12.74M	$8.89M	$11.50M	$1.91M
ARIZONA	$53.39M	$25.89M	$39.50M	$7.92M	$24.69M	$37.36M	$8.22M	$7.92M	$14.16M	-	-	-	-	-	-	-	-	-	-	-
VIRGIN ISLANDS, US	$43.55M	$24.38M	$36.64M	$12.74M	$25.00M	$32.25M	$13.67M	$13.18M	$16.30M	$13.28M	$10.62M	$15.34M	$19.18M	$13.92M	$12.34M	$15.30M	$13.26M	$5.81M	$3.64M	$295.00K
PUERTO RICO	$57.53M	$29.38M	$38.95M	$12.22M	$27.21M	$37.21M	$14.74M	$12.87M	$15.43M	$12.48M	$8.19M	$11.93M	$5.48M	-	-	-	-	-	-	-
PENNSYLVANIA	$28.84M	$7.68M	$21.30M	$9.25M	$5.91M	$13.02M	$7.94M	$7.64M	$4.52M	$6.98M	$6.02M	$6.16M	$3.08M	$4.32M	$3.91M	$2.42M	$1.24M	$1.26M	$1.09M	$534.00K
ILLINOIS	$33.20M	$4.32M	$21.17M	$11.67M	$4.73M	$12.48M	$10.13M	$7.74M	$3.57M	$6.36M	$8.16M	$7.54M	$2.76M	$4.82M	$5.23M	$2.95M	$1.42M	$1.34M	$1.71M	$311.00K
FLORIDA	$84.95M	$39.81M	$56.69M	$20.25M	$39.70M	$59.21M	$20.02M	$15.29M	$21.65M	$15.44M	$13.48M	$19.63M	$25.08M	$18.01M	$13.74M	$17.88M	$16.35M	$9.43M	$7.10M	$3.31M
COLORADO	$23.09M	$22.40M	$15.71M	$9.61M	$22.58M	$23.57M	$9.55M	$1.87M	$14.34M	$6.56M	$4.21M	$2.31M	$12.18M	$5.25M	$4.12M	$1.55M	$6.38M	$2.89M	$1.69M	$116.00K
WASHINGTON	-	$6.30M	$19.19M	$13.88M	$5.70M	$9.95M	$12.26M	$8.19M	$4.22M	$5.03M	$8.24M	$5.59M	$2.59M	$4.13M	$6.91M	$3.18M	$898.00K	$783.00K	$1.06M	$67.00K

Braemar Hotels & Resorts's latest quarterly revenue breakdown by geography, as of Dec 25: FLORIDA (19.61%), CALIFORNIA (14.16%), PUERTO RICO (13.28%), ARIZONA (12.32%), DISTRICT OF COLUMBIA (10.91%), VIRGIN ISLANDS, US (10.05%), ILLINOIS (7.66%), PENNSYLVANIA (6.66%), and COLORADO (5.33%).

Braemar Hotels & Resorts Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
BHR	Braemar Hotels & Resorts	$704.01M	$143.56M
RMAX	RE/MAX	$291.60M	$81.27M
MRNO	Murano Global Investments PLC Ordinary Shares	$286.65M	$107.11M
ASPS	Altisource Portfolio Solutions	$170.97M	$47.58M
ACR	ACRES Commercial Realty	$165.90M	$21.87M
ONL	Orion Properties	$147.65M	$37.12M
SEVN	Seven Hills Realty Trust	$29.38M	$7.09M
SRG	Seritage Growth Properties	$18.20M	$4.79M

BHR Revenue FAQ

What is Braemar Hotels & Resorts’s yearly revenue?

Braemar Hotels & Resorts's yearly revenue for 2025 was $704.02M, representing a decrease of -3.35% compared to 2024. The company's yearly revenue for 2024 was $728.4M, representing a decrease of -1.48% compared to 2023. BHR's yearly revenue for 2023 was $739.34M, representing an increase of 10.42% compared to 2022.

What is Braemar Hotels & Resorts’s quarterly revenue?

Braemar Hotels & Resorts's quarterly revenue for Q3 2025 was $143.56M, a -19.84% decrease from the previous quarter (Q2 2025), and a -3.26% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $179.08M, a -17.02% decrease from the previous quarter (Q1 2025), and a -4.54% decrease year-over-year (Q2 2024). BHR's quarterly revenue for Q1 2025 was $215.82M, a 24.51% increase from the previous quarter (Q4 2024), and a -1.49% decrease year-over-year (Q1 2024).

What is Braemar Hotels & Resorts’s revenue growth rate?

Braemar Hotels & Resorts's revenue growth rate for the last 3 years (2023-2025) was -4.78%, and for the last 5 years (2021-2025) was 64.67%.

What are Braemar Hotels & Resorts’s revenue streams?

Braemar Hotels & Resorts's revenue streams in c 25 are Hotel, Other, Food and Beverage, Occupancy, and Hotel. Hotel, Other generated $95.49M in revenue, accounting 6.78% of the company's total revenue, up 0.73% year-over-year. Food and Beverage generated $179.54M in revenue, accounting 12.75% of the company's total revenue, down -0.94% year-over-year. Occupancy generated $428.99M in revenue, accounting 30.47% of the company's total revenue, down -5.17% year-over-year. Hotel generated $704.02M in revenue, accounting 50.00% of the company's total revenue, down -3.35% year-over-year.

What is Braemar Hotels & Resorts’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Braemar Hotels & Resorts was Hotel. This segment made a revenue of $704.02M, representing 50.00% of the company's total revenue.