Braemar shareholder Al Shams targets external advisor fees after stock slides over 90%

Reuters2026/09/14 17:09

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Al Shams, Braemar’s largest shareholder, launched a board challenge tied to governance concerns over sustained payments to the external manager.
The investor cited more than 90% share-price decline since the 2013 split from Ashford Hospitality Trust, alongside “substantial” advisory fees.
Five independent director nominees were submitted for election at the Nov. 13, 2026 annual meeting.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Braemar Hotel & Resorts Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY47200) on September 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Braemar shareholder Al Shams targets external advisor fees after stock slides over 90%

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