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

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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 | WAPE

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