Exhibit

We have issued our report dated March 8, 2019, with respect to the consolidated financial statements included in the Annual Report of Ashford Inc. on Form 10-K as of December 31, 2018 and 2017 and for each of the three years ended December 31, 2018, and incorporated by reference in the Annual Report of Braemar Hotels & Resorts Inc. on Form 10-K for the year ended December 31, 2018. We hereby consent to the incorporation by reference of said report in the Registration Statements of Braemar Hotels & Resorts Inc. (Nos. 333-223799, 333-209389, 333-200420 and 333-200718) on Form S-3 and (Nos. 333-194968 and 333-204705) on Form S-8.