ITEM 7.01 REGULATION FD DISCLOSURE On July 31, 2020, Braemar Hotels & Resorts Inc. (the "Company") held an earnings conference call for its second quarter ended June 30, 2020. A copy of the conference call transcript is attached hereto as Exhibit 99.1. On July 30, 2020, the Company filed a Form 8-K that included the actual earnings release text and supplemental tables.

The information in this Form 8-K and Exhibits attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS



(d)  Exhibits
Exhibit Number     Description

99.1     Second Quarter 2020 Earnings Conference Call Transcript of the Company,
       dated July 31, 2020

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