Braemar Hotels & Resorts Inc. (BHR) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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BHR Revenue Growth
Revenue Breakdown (FY 2025)
BHR's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
BHR Revenue Analysis (2014–2025)
As of May 8, 2026, Braemar Hotels & Resorts Inc. (BHR) generated trailing twelve-month (TTM) revenue of $697.2 million, reflecting slight decline in growth of -3.2% year-over-year. The most recent quarter (Q1 2026) recorded $209.0 million in revenue, up 26.2% sequentially.
Looking at the longer-term picture, BHR's 5-year compound annual growth rate (CAGR) stands at +25.4%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $739.3 million in 2023.
Revenue diversification analysis shows BHR's business is primarily driven by Hotel (50%), Occupancy (30%), and Food and Beverage (13%).
When compared to Real Estate sector peers including AHT (-5.8% YoY), CLDT (-7.4% YoY), and SHO (+6.8% YoY), BHR has underperformed the peer group in terms of revenue growth. Compare BHR vs AHT →
BHR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| BHRCurrent | $697M | -3.2% | +25.4% | 6.1% | |
 AHT | $1.1B | -5.8% | +16.8% | 5.4% | |
 CLDT | $295M | -7.4% | +17.4% | 9.0% | |
 SHO | $960M | +6.8% | +29.1% | 7.8% | |
 RLJ | $1.3B | -0.8% | +23.8% | 9.3% | |
 PEB | $1.5B | +2.8% | +27.2% | 5.1% |
BHR Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $704.0M | -3.3% | $-8,007,000 | -1.1% | $43.1M | 6.1% |
| 2024 | $728.4M | -1.5% | $153.7M | 21.1% | $128.8M | 17.7% |
| 2023 | $739.3M | +10.4% | $168.5M | 22.8% | $61.7M | 8.3% |
| 2022 | $669.6M | +56.6% | $164.5M | 24.6% | $68.4M | 10.2% |
| 2021 | $427.5M | +88.4% | $82.9M | 19.4% | $1.4M | 0.3% |
| 2020 | $227.0M | -53.5% | $8.5M | 3.8% | $-79,851,000 | -35.2% |
| 2019 | $487.6M | +13.0% | $115.5M | 23.7% | $64.4M | 13.2% |
| 2018 | $431.4M | +4.2% | $119.2M | 27.6% | $65.8M | 15.3% |
| 2017 | $414.1M | +2.0% | $112.0M | 27.0% | $38.8M | 9.4% |
| 2016 | $405.9M | +16.1% | $111.6M | 27.5% | $47.1M | 11.6% |
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Start ComparisonBHR — Frequently Asked Questions
Quick answers to the most common questions about buying BHR stock.
Is BHR's revenue growth accelerating or slowing?
BHR revenue growth slowed to -3.2%, below the 5-year CAGR of +25.4%. TTM revenue is $697M. The deceleration marks a shift from historical growth rates.
What is BHR's long-term revenue growth rate?
Braemar Hotels & Resorts Inc.'s 5-year revenue CAGR of +25.4% reflects the variable expansion pattern. Current YoY growth of -3.2% is near this long-term average.
How is BHR's revenue distributed by segment?
BHR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.