Mergers & Acquisitions ·
Braemar Hotels agrees to sell Four Seasons Resort Scottsdale for $372 million
BHRBraemar Hotels & Resorts Inc.
On September 23, 2026, Braemar Hotels & Resorts Inc. entered into an Agreement of Purchase and Sale to sell the Four Seasons Resort Scottsdale at Troon North to Evergreen Acquisitions, LLC for $372 million, subject to customary pro-rations and adjustments. The Company received a non-refundable $10 million deposit upon execution. Several conditions to closing remain to be satisfied, with no assurance that the transaction will complete on the anticipated timeline or at all. Braemar Hotels & Resorts Inc. operates in the hospitality industry as an owner and operator of luxury hotels and resorts.