---
title: "Braemar Extends Advisory Agreement With Ashford for 10 Years Through 2037"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281629270.md"
description: "Braemar Hotels & Resorts has extended its advisory agreement with Ashford for an additional ten years, effective from January 24, 2027, to January 24, 2037. All existing terms will remain in effect, and the parties can renegotiate the Base Fee or Incentive Fee during this period. This extension aims to ensure long-term continuity of management advisory services."
datetime: "2026-04-03T10:43:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281629270.md)
  - [en](https://longbridge.com/en/news/281629270.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281629270.md)
---

# Braemar Extends Advisory Agreement With Ashford for 10 Years Through 2037

Braemar Hotels & Resorts received an election from its external advisor to extend their advisory agreement for an additional ten years. The extended term will begin on January 24, 2027 and run through January 24, 2037, with all existing terms remaining in effect. The parties retain rights under the agreement to renegotiate the Base Fee or Incentive Fee during the extended term. The move secures long-term continuity of management advisory services.

**Agreement details:**

-   **Agreement type**: Advisory agreement extension (management services)
-   **Counterparty**: Ashford; Ashford Hospitality Advisors
-   **Signed / Effective**: Mar 31 2026 / Jan 24 2027
-   **Duration / Termination**: 10 years (Jan 24 2027 to Jan 24 2037)
-   **Reason**: Maintain long-term external advisory relationship

Original SEC Filing: Braemar Hotels & Resorts Inc. \[ BHR \] - 8-K - Apr. 03, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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