Braemar Hotels & Resorts Expects Over $25M In Annual Cost Savings From Self-management, From Favorable Forward Demand Trends; Expects Annual Corporate Expenses To Decrease From $42M To $15M; Guides 2027 Adj. FFO Per Diluted Share Of $0.25-$0.31; 2027 Diluted EPS Under GAAP $(0.50) - $(0.43); 2027 RevPAR Growth +4.5% To +6.5%; 2027 Total Revenues $407M-$412M
Financial Outlook The Company is providing one-time financial guidance so that shareholders can more fully understand the future of Braemar on a pro forma basis as it undergoes its transition. The Company’s full-year 2027 outlook assumes a projected net debt balance of approximately $405 million1 and projected preferre