Braemar Hotels & Resorts Provides Update On August 2021 Operating Performance

Braemar Hotels & Resorts Inc. (NYSE: BHR) reported today preliminary portfolio occupancy of 59.2% for the month of August with an average daily rate (ADR) of approximately $345.88 resulting in RevPAR of approximately $204.69. This RevPAR result represents an approximate increase of 149% versus August 2020 and an approximate decrease of 12% versus August 2019.

Ashford Hospitality Trust Provides Update On Operating Performance for August 2021

Ashford Hospitality Trust, Inc. (NYSE: AHT) reported today preliminary portfolio occupancy of 61.3% for the month of August with an average daily rate (ADR) of approximately $153.69 resulting in RevPAR of approximately $94.16. This RevPAR result represents an approximate decrease of 11% versus July 2021 and an approximate decrease of 27% versus August 2019.