BRAEMAR HOTELS & RESORTS UPDATES STOCKHOLDERS THAT ‘ACTIVIST’ BLACKWELLS CAPITAL’S ATTEMPTED WITHHOLD PROXY CAMPAIGN AT ASHFORD TRUST HAS FAILED

DALLAS, May 14, 2024 /PRNewswire/ — Braemar Hotels & Resorts Inc. (NYSE: BHR) (“Braemar” or the “Company”) today announced that, based on estimated preliminary results, Blackwells Capital LLC’s (“Blackwells”) withhold proxy campaign at Ashford Hospitality Trust, Inc. (“Ashford Trust”)…