BHR Braemar Hotels & Resorts Inc.
Price Chart
Executive Summary
Braemar Hotels & Resorts and its advisor, Ashford Inc., entered into Amendment No. 3 to the Advisory Agreement, extending the deadline to negotiate revised Base and Incentive Fees through December 31, 2026. This is a routine administrative extension of a fee renegotiation timeline, with no changes to the fee structure or other terms.
Actionable Insight
Monitor for any fee renegotiation outcome or arbitration filing after December 31, 2026. The current advisory fee structure remains in place — no immediate trading catalyst for BHR-PD.
Key Facts
- Amendment No. 3 extends the fee renegotiation period for the Current Renegotiation (term commencing January 25, 2027) through December 31, 2026.
- No party is required to submit a fee dispute to arbitration before January 1, 2027.
- All other terms of the Fifth Amended and Restated Advisory Agreement remain unchanged.
- The amendment was approved by independent directors of both Braemar and Ashford Inc.
Financial Impact
No financial impact — the amendment only extends a negotiation timeline without altering any fee amounts or payment obligations.
Risk Factors
- If fee renegotiation fails and goes to arbitration, the outcome could alter Braemar's cost structure.
- No material risk to preferred dividend coverage from this administrative extension.
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001574085-26-000087 |
| Document: bhr-ashfordxthirdamendment.htm | 0001574085-26-000087 |
| Document: 0001574085-26-000087-index-headers.html | 0001574085-26-000087 |
| Document: 0001574085-26-000087-index.html | 0001574085-26-000087 |
| Document: 0001574085-26-000087.txt | 0001574085-26-000087 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 12, 2026
today
|
8-K
| $2.53 awaiting T+5 | awaiting T+5 | — | $2.17 (−14.23%) |
|
Jun 10, 2026
2d ago
|
8-K
| $16.80 awaiting T+5 | awaiting T+5 | — | $2.17 (−87.08%) |
|
May 28, 2026
16d ago
|
8-K
| $16.81 $16.66 | ▼ −0.86% | ▼ −1.18% | $2.17 (−87.09%) |
|
May 22, 2026
21d ago
|
8-K
| $16.60 $17.00 | ▲ +2.44% | ▲ +1.23% | $2.17 (−86.92%) |
|
May 21, 2026
22d ago
|
8-K
| $16.64 $16.95 | ▲ +1.86% | ▲ +0.20% | $2.17 (−86.96%) |
|
Apr 30, 2026
6w ago
|
8-K
| $16.50 $16.71 | ▲ +1.27% | ▼ −1.07% | $2.17 (−86.85%) |
|
Apr 29, 2026
6w ago
|
10-K/A
| $16.50 $16.70 | ▲ +1.21% | ▼ −0.52% | $2.17 (−86.85%) |
|
Apr 23, 2026
7w ago
|
8-K
| $16.40 $16.50 | ▲ +0.61% | ▼ −0.30% | $2.17 (−86.77%) |
|
Apr 3, 2026
10w ago
|
8-K
| $16.93 $17.35 | ▲ +2.48% | ▼ −1.65% | $2.17 (−87.18%) |
|
Feb 25, 2026
15w ago
|
8-K
| $3.07 $2.85 | ▼ −7.17% | ▼ −6.04% | $2.17 (−29.32%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access