<SEC-DOCUMENT>0001929650-24-000002.txt : 20240430
<SEC-HEADER>0001929650-24-000002.hdr.sgml : 20240430
<ACCEPTANCE-DATETIME>20240430162102
ACCESSION NUMBER:		0001929650-24-000002
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20240430

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Braemar Hotels & Resorts Inc.
		CENTRAL INDEX KEY:			0001574085
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		IRS NUMBER:				462488594
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-87737
		FILM NUMBER:		24897604

	BUSINESS ADDRESS:	
		STREET 1:		14185 DALLAS PARKWAY
		STREET 2:		SUITE 1100
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75254
		BUSINESS PHONE:		(972) 490-9600

	MAIL ADDRESS:	
		STREET 1:		14185 DALLAS PARKWAY
		STREET 2:		SUITE 1100
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75254

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ashford Hospitality Prime, Inc.
		DATE OF NAME CHANGE:	20130410

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DBR HOTEL OWNER LLC
		CENTRAL INDEX KEY:			0001929650
		ORGANIZATION NAME:           	
		IRS NUMBER:				660829357
		STATE OF INCORPORATION:			PR
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		120 ROAD NO. 693
		STREET 2:		SABANERA WARD
		CITY:			DORADO
		STATE:			PR
		ZIP:			00646
		BUSINESS PHONE:		787-796-5656

	MAIL ADDRESS:	
		STREET 1:		120 ROAD NO. 693
		STREET 2:		SABANERA WARD
		CITY:			DORADO
		STATE:			PR
		ZIP:			00646
</SEC-HEADER>
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<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
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      <amendmentNo>2</amendmentNo>
      <securitiesClassTitle>Common Stock, par value $0.01 per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>03/29/2024</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001574085</issuerCik>
        <issuerName>Braemar Hotels &amp; Resorts Inc.</issuerName>
        <issuerCusip>10482B101</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>14185 DALLAS PARKWAY</com:street1>
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          <com:city>DALLAS</com:city>
          <com:stateOrCountry>TX</com:stateOrCountry>
          <com:zipCode>75254</com:zipCode>
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      <citizenshipOrOrganization>PR</citizenshipOrOrganization>
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      <reportingPersonName>DBR Hotel Member LLC</reportingPersonName>
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      <reportingPersonName>DBR Cerromar Ventures, LLC</reportingPersonName>
      <citizenshipOrOrganization>PR</citizenshipOrOrganization>
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        <soleVotingPower>0.00</soleVotingPower>
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      <reportingPersonName>DBR Residential Ventures, LLC</reportingPersonName>
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        <soleVotingPower>0.00</soleVotingPower>
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        <sharedDispositivePower>0.00</sharedDispositivePower>
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      <classPercent>0.0</classPercent>
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    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>FSCO LLC</reportingPersonName>
      <citizenshipOrOrganization>PR</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
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    <coverPageHeaderReportingPersonDetails>

      <reportingPersonName>Federico Stubbe Arsuaga</reportingPersonName>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
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      <reportingPersonName>Federico Stubbe Gonzalez</reportingPersonName>
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        <sharedVotingPower>0.00</sharedVotingPower>
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        <issuerName>Braemar Hotels &amp; Resorts Inc.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>14185 DALLAS PARKWAY, SUITE 1200, DALLAS, TEXAS, 75254</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>This Schedule 13G is being filed on behalf of each of the following persons (collectively, the Reporting Persons):
1. DBR Hotel Owner LLC;
2. DBR Hotel Member LLC;
3. DBR Dorado Ventures, LLC;
4. DBR Cerromar Ventures, LLC;
5. DBR Residential Ventures, LLC;
6. FSCO LLC;
7. Federico Stubbe Arsuaga; and
8. Federico Stubbe Gonzalez.

Federico Stubbe Arsuaga and Federico Stubbe Gonzalez are the Managers of FSCO LLC, which is the Manager of DBR Residential Ventures, LLC, which is the sole member of DBR Cerromar Ventures, LLC, which is the Manager of DBR Dorado Ventures, LLC, which is the sole member of DBR Hotel Member LLC, which is the sole member of DBR Hotel Owner LLC.

The Reporting Persons have entered into a Joint Filing Agreement, dated April 22, 2024, pursuant to which the Reporting Persons have agreed to file this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k)(1) promulgated under the Act.</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>The address of the principal business office of each Reporting Person is 120 Carretera 693, Dorado, PR 00646.</principalBusinessOfficeOrResidenceAddress>
        <citizenship>United States</citizenship>
      </item2>
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        <notApplicableFlag>Y</notApplicableFlag>
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          <solePowerOrDirectToVote>See Rows 5 through 11 of each Reporting Person's cover page.</solePowerOrDirectToVote>
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          <solePowerOrDirectToDispose>See Rows 5 through 11 of each Reporting Person's cover page.</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>See Rows 5 through 11 of each Reporting Person's cover page.</sharedPowerOrDirectToDispose>
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      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under &amp;#167; 240.14a-11.</certifications>
      </item10>
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      <reportingPersonName>DBR HOTEL OWNER LLC</reportingPersonName>
      <signatureDetails>
        <signature>Federico Stubbe Gonzalez</signature>
        <title>President</title>
        <date>04/22/2024</date>
      </signatureDetails>
    </signatureInformation>
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        <date>04/22/2024</date>
      </signatureDetails>
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        <title>Authorized Representative</title>
        <date>04/22/2024</date>
      </signatureDetails>
    </signatureInformation>
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        <title>Authorized Representative</title>
        <date>04/22/2024</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>DBR Residential Ventures, LLC</reportingPersonName>
      <signatureDetails>
        <signature>Federico Stubbe Gonzalez</signature>
        <title>Authorized Representative</title>
        <date>04/22/2024</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>FSCO LLC</reportingPersonName>
      <signatureDetails>
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        <date>04/22/2024</date>
      </signatureDetails>
    </signatureInformation>
    <signatureInformation>
      <reportingPersonName>Federico Stubbe Arsuaga</reportingPersonName>
      <signatureDetails>
        <signature>Federico Stubbe Arsuaga</signature>
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        <date>04/22/2024</date>
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<TEXT>
Exhibit List

Exhibit A: Joint Filing Agreement, dated April 22, 2024


AGREEMENT REGARDING THE JOINT FILING OF SCHEDULE 13G

The undersigned hereby agree as follows:
(i) Each of them is individually eligible to use the Schedule
13G to which this Exhibit is attached, and such Schedule 13G is
filed on behalf of each of them; and
(ii) Each of them is responsible for the timely filing of such
Schedule 13G and any amendments thereto, and for the completeness
and accuracy of the information concerning such person contained
therein; but none of them is responsible for the completeness or accuracy
of the information concerning the other persons making the filing,
unless such person knows or has reason to believe that such
information is inaccurate

Date: April 22, 2024

DBR Hotel Owner LLC


By: s/Federico Stubbe Gonzalez
Name: Federico Stubbe Gonzalez
Title: President


DBR Hotel Member LLC


By: s/Federico Stubbe Gonzalez
Name: Federico Stubbe Gonzalez
Title: Authorized Representative


DBR Dorado Ventures, LLC


By: s/Federico Stubbe Gonzalez
Name: Federico Stubbe Gonzalez
Title: Authorized Representative


DBR Cerromar Ventures, LLC


By: s/Federico Stubbe Gonzalez
Name:  Federico Stubbe Gonzalez
Title: Authorized Representative


DBR Residential Ventures, LLC


By: s/Federico Stubbe Gonzalez
Name: Federico Stubbe Gonzalez
Title: Authorized Representative


FSCO LLC


By: s/Federico Stubbe Gonzalez
Name:  Federico Stubbe Gonzalez
Title:  Administrative Manager


s/Federico Stubbe Arsuaga
Federico Stubbe Arsuaga


s/Federico Stubbe Gonzalez
Federico Stubbe Gonzalez




</TEXT>
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