Al Shams nominates five directors for Braemar Hotels board
Pembroke, Bermuda - Braemar Hotels & Resorts Inc., a publicly-traded company listed on the New York Stock Exchange, is set to hold its annual meeting on November 13, 2026. During this meeting, shareholders will have the opportunity to vote on a slate of five potential board members nominated by Al Shams Investments Limited, the company's largest shareholder.
The nominees are seasoned professionals with diverse backgrounds in real estate, finance, and corporate governance. Al Shams cites the company's significant stock price decline of over 90% since its separation from Ashford Hospitality Trust in 2013 as a reason for its nomination. The company's largest shareholder asserts that substantial fees have been paid to external advisors while shareholders have suffered due to underperformance.
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