Braemar Hotels & Resorts (BHR) Operating Expenses (2013 - 2026)

Braemar Hotels & Resorts (BHR) reported Operating Expenses of $169.4 million for Q1 2026, down 5.43% on a YoY basis from $179.1 million in Q1 2025, and down 22.83% sequentially from $219.5 million in Q4 2025.

Braemar Hotels & Resorts (BHR) Operating Expenses (2013 - 2026) Analysis & Trends

Braemar Hotels & Resorts (BHR) has 14 years of Operating Expenses data on file, last reported at $169.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 5.43% year-over-year to $169.4 million; the trailing twelve-month figure through Mar 2026 stood at $704.7 million (up 2.09% YoY), and the FY2025 full-year result was $714.4 million, up 3.87% from the prior year.
  • Operating Expenses fell to $169.4 million in Q1 2026, from $219.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $219.5 million in Q4 2025 to a low of $135.4 million in Q1 2022.
  • A 5-year average of $167.7 million and a median of $169.3 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses surged 53.8% in 2022 and fell 8.11% in 2025, its largest moves.
  • Tracing BHR's Operating Expenses over 5 years: stood at $159.6 million in 2022, then climbed by 7.61% to $171.7 million in 2023, then declined by 1.27% to $169.5 million in 2024, then climbed by 29.47% to $219.5 million in 2025, then decreased by 22.83% to $169.4 million in 2026.
  • Business Quant data shows BHR's Operating Expenses at $169.4 million in Q1 2026, $219.5 million in Q4 2025, and $154.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Ryman Hospitality Properties 8.12 Bn 7.74 Bn 290.28 Mn 526.78 Mn
2 Apple Hospitality REIT 3.92 Bn 3.91 Bn 130.80 Mn 289.73 Mn
3 Park Hotels & Resorts 2.91 Bn 2.69 Bn 516.00 Mn 559.00 Mn
4 DiamondRock Hospitality 2.59 Bn 2.56 Bn 215.84 Mn 229.54 Mn
5 Sunstone Hotel Investors 2.19 Bn 2.03 Bn 259.54 Mn 231.29 Mn
6 Pebblebrook Hotel Trust 2.15 Bn 2.05 Bn 113.57 Mn 337.61 Mn
7 Xenia Hotels & Resorts 1.94 Bn 1.91 Bn 99.84 Mn 253.79 Mn
8 RLJ Lodging Trust 1.80 Bn 1.78 Bn - 312.17 Mn
9 Service Properties Trust 1.42 Bn 1.40 Bn 21.93 Mn 365.33 Mn
10 Braemar Hotels & Resorts 147.13 Mn 55.82 Mn 79.12 Mn 169.36 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 169.36 Mn
Dec 31, 2025 219.47 Mn
Sep 30, 2025 154.72 Mn
Jun 30, 2025 161.18 Mn
Mar 31, 2025 179.08 Mn
Dec 31, 2024 169.52 Mn
Sep 30, 2024 166.28 Mn
Jun 30, 2024 175.41 Mn
Mar 31, 2024 176.61 Mn
Dec 31, 2023 171.70 Mn
Sep 30, 2023 159.15 Mn
Jun 30, 2023 169.32 Mn
Mar 31, 2023 177.50 Mn
Dec 31, 2022 159.55 Mn
Sep 30, 2022 158.08 Mn
Jun 30, 2022 148.13 Mn
Mar 31, 2022 135.43 Mn
Dec 31, 2021 123.51 Mn
Sep 30, 2021 115.13 Mn
Jun 30, 2021 100.10 Mn