Document
EXHIBIT 21.1
Braemar Hotels & Resorts Inc.
Subsidiaries Listing as of December 31, 2025
All the subsidiaries listed below are incorporated or organized in Delaware except that (i) Braemar Hotels & Resorts Inc. is incorporated in Maryland, (ii) BHR Dorado LLC and BHR TRS Dorado LLC are organized in Puerto Rico and (iii) RC Hotels (Virgin Islands), Inc. is incorporated in the U.S. Virgin Islands.
| Braemar Hotels & Resorts Inc. | ||
| Ashford BC GP LLC | ||
| Ashford BC LP | ||
| Ashford Chicago GP LLC | ||
| Ashford Chicago Junior Mezz LLC | ||
| Ashford Chicago LP | ||
| Ashford Chicago Senior Mezz LLC | ||
| Ashford HHC III LLC | ||
| Ashford HHC Partners III LP | ||
| Ashford Philadelphia Annex GP LLC | ||
| Ashford Philadelphia Annex LP | ||
| Ashford Pier House GP LLC | ||
| Ashford Pier House LP | ||
| Ashford Pier House Mezz A LLC | ||
| Ashford Pier House Mezz B LLC | ||
| Ashford San Francisco II LP | ||
| Ashford Sarasota GP LLC | ||
| Ashford Sarasota Holding Company LLC | ||
| Ashford Sarasota LP | ||
| Ashford Seattle Waterfront GP LLC | ||
| Ashford Seattle Waterfront LP | ||
| Ashford SF GP LLC | ||
| Ashford Thomas LLC | ||
| Ashford TRS BC LLC | ||
| Ashford TRS Chicago II LLC | ||
| Ashford TRS Chicago Junior Mezz LLC | ||
| Ashford TRS Chicago Senior Mezz LLC | ||
| Ashford TRS Philadelphia Annex LLC | ||
| Ashford TRS Pier House LLC | ||
| Ashford TRS Pier House Mezz A LLC | ||
| Ashford TRS Pier House Mezz B LLC | ||
| Ashford TRS Sarasota Holding Company LLC | ||
| Ashford TRS Sarasota LLC | ||
| Ashford TRS Sarasota Residence LLC | ||
| Ashford TRS Seattle Waterfront LLC | ||
| Ashford TRS SF LLC | ||
| Ashford TRS Yountville Holding Company LLC | ||
| Ashford TRS Yountville II LLC | ||
| Ashford TRS Yountville LLC | ||
| Ashford Yountville GP LLC | ||
| Ashford Yountville Holding Company LLC | ||
| Ashford Yountville II GP LLC | ||
| Ashford Yountville II LP | ||
| Ashford Yountville LP | ||
| BHR Beverly Hills GP LLC | ||
| BHR Beverly Hills LP | ||
| BHR CR Joint Venture GP LLC | ||
| BHR CR Joint Venture LP | ||
| BHR Dorado Holding LLC | ||
| BHR Dorado LLC | ||
| BHR JW Hotel LLC | ||
| BHR Scottsdale GP LLC | ||
| BHR Scottsdale LP | ||
| BHR Scottsdale Storage LLC | ||
| BHR SMA GP, LLC | ||
| BHR SMA, LP | ||
| BHR Tahoe GP LLC | ||
| BHR Tahoe LP | ||
| BHR TRS Beverly Hills LLC | ||
| BHR TRS Dorado Holding LLC | ||
| BHR TRS Dorado LLC | ||
| BHR TRS Scottsdale LLC | ||
| BHR TRS Tahoe East LLC | ||
| BHR TRS Tahoe LLC | ||
| Braemar Hospitality Limited Partnership | ||
| Braemar OP General Partner LLC | ||
| Braemar OP Limited Partner LLC | ||
| Braemar TRS Corporation | ||
| CHH Capital Hotel GP LLC | ||
| CHH Capital Hotel Partners LP | ||
| CHH Capital Tenant Corp. | ||
| CHH III Tenant Parent Corp. | ||
| CHH Torrey Pines Hotel GP LLC | ||
| CHH Torrey Pines Hotel Partners LP | ||
| CHH Torrey Pines Tenant Corp. | ||
| Craig Ranch Luxury Hotel SPE GP LLC | ||
| Craig Ranch Luxury Hotel SPE Owner LP | ||
| Craig Ranch TRS Condominium LLC | ||
| Craig Ranch TRS Lessee LLC | ||
| RC Hotels (Virgin Islands), Inc. | ||