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Posted by
Two Blokes Jul 14 -
Filed in
Stock
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Braemar Hotels & Resorts (BHR) operates in the luxury hotel sector with high leverage, low liquidity, and significant operational risk. Our Moody's-based analysis assigns BHR a weak Caa1 credit rating, reflecting poor coverage of interest and preferred dividends. Despite high yields on BHR's preferred stocks, both issues trade below par and are callable, signaling market skepticism about creditworthiness.
