Braemar Hotels & Resorts, Inc. (BHR) Q2 2020 Earnings Call Transcript


Logo of jester cap with thought bubble.

Image source: The Motley Fool.

Braemar Hotels & Resorts, Inc. (NYSE: BHR)
Q2 2020 Earnings Call
Jul 31, 2020, 11:00 a.m. ET


  • Prepared Remarks
  • Questions and Answers
  • Call Participants

Prepared Remarks:


Hello and welcome to the Braemar Hotels & Resorts Second Quarter 2020 Results Conference Call. [Operator Instructions]

It is now my pleasure to turn the call over to Jordan Jennings, Investor Relations for Braemar Hotels & Resorts. Please go ahead.

Jordan JenningsInvestor Relations

Good morning and welcome to today’s call to review results for Braemar Hotels & Resorts for the second quarter of 2020

Choose Hyatt Over Choice Hotels When Signs Of Travel Return


Hyatt stock (NYSE: H) has declined by close to 40% since early February after the WHO declared the coronavirus disease a global health emergency, while Choice Hotels stock (NYSE: CHH) has fared slightly better and lost only 20% of its value. Lockdown measures and social distancing norms have significantly affected the travel & tourism industry across the world. More so, the hotel occupancy rates have

Two Trump Hotels Properties Earn Multiple 2020 Tripadvisor Travelers’ Choice Best Of The Best Awards


Based on millions of reviews collected in 2019 from travelers around the world, award winners exemplify the ultimate favorite, top 1% of hospitality businesses around the globe. The complete list of award winners can found here:  

Trump® International Hotel Washington, D.C. features a central location, iconic and memorable design, and unparalleled service. In addition to ranking #2 overall in the Top 25 Luxury Hotels in the United States by Tripadvisor, the hotel has been named #3 in the Top 25 Hotels in the United States.

A showcase of bold style and engaging design situated along the

Why Hilton and Other Hotels May Not Like This Joe Biden Tax Proposal – Skift


Presidential candidate Joe Biden wants to eliminate the 1031 exchange, a tax provision popular with hotel owners looking to trade up properties and defer or avoid capital gains taxes incurred along the way.

The tax move is tied to transactions like Hilton’s nearly $2 billion 2014 sale of the Waldorf Astoria in Manhattan, where the company deferred taxes on profits by using the proceeds to buy five luxury hotels across Florida and California.

But analysts and hotel developers say the measure is used more by smaller operators already struggling under the weight of the worst year in travel on record