Dallas, January 18, 2022 /PRNewswire/ — Braemar Hotels & Resorts Inc. (NYSE: BHR) (“Braemar” or the “Company”) announced today that it has received a letter from the Securities and Exchange Commission (“SEC”), stating that the SEC’s investigation has closed and that the SEC Employees do not intend to recommend further SEC action against Braemar. Ashford Hospitality Trust, Inc. (NYSE: AHT) and Ashford Inc. (NYSE American: AINC) also each received letters stating that the SEC’s investigation was closed and that SEC enforcement officials have no intention of recommending any action against the respective company.

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Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.

SOURCE Braemar Hotels & Resorts Inc.