Braemar Hotels & Resorts, Inc. (NYSE:BHR) Q4 2022 Earnings Conference Call February 23, 2023 11:00 AM ET
Company Participants
Jordan Jennings - Investor Relations
Richard Stockton - President and Chief Executive Officer
Deric Eubanks - Chief Financial Officer
Christopher Nixon - Executive Vice President and Head of Asset Management
Conference Call Participants
Tyler Batory - Oppenheimer
Michael Bellisario - Baird
Operator
Greetings, and welcome to the Braemar Hotels & Resorts, Inc. Fourth Quarter 2022 Results Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions]. As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Jordan Jennings, Investor Relations. Thank you. You may begin.
Jordan Jennings
Good morning, and welcome to today's call to review results for Braemar Hotels & Resorts for the fourth quarter and full-year 2022 and to update you on recent development. On the call today will be Richard Stockton, President and Chief Executive Officer; Deric Eubanks, Chief Financial Officer; and Chris Nixon, Executive Vice President and Head of Asset Management.
The results, as well as notice of the accessibility of this conference call is on a listen-only basis over the Internet were distributed yesterday in the press release. At this time, let me remind you that certain statements and assumptions in this conference call contain or are based upon forward-looking information and are being made pursuant to the safe harbor provisions of the federal securities regulations. Such forward-looking statements are subject to numerous assumptions, uncertainties and known or unknown risks, which could cause actual results to differ materially from those anticipated.
These factors are more fully discussed in the company's filings with the Securities and Exchange Commission. The forward-looking statements included in this conference call are only made as of the date of this call, and the company is not obligated to publicly update or revise them. Statements made during this call do not consent offers to sell or solicitation of an offer to buy any securities. Securities will be offered only by means of a registration statement and prospectus, which can be found at www.sec.gov.
In addition, certain terms used in this call are non-GAAP financial measures, reconciliations of which are provided in the company's earnings release and accompanying tables or schedules, which have been filed on Form 8-K with the SEC on February 27, 2023, and may also be accessed through the company's website at www.bhrreit.com. Each listener is encouraged to review those reconciliations provided in the earnings release together with all other information provided in the release. Also, unless otherwise stated, all reported results discussed in this call compare to fourth quarter and full-year ended December 31, 2022, with the fourth quarter and full-year ended December 31, 2021.