Mergers & Acquisitions ·
Braemar Hotels sells three luxury properties for $437.5 million, deal expected to close in 20-35 days
BHRBraemar Hotels & Resorts Inc.
Braemar Hotels & Resorts Inc. entered into an Agreement of Purchase and Sale on June 4, 2026, to sell three properties: The Ritz-Carlton Sarasota in Florida, the Hotel Yountville in California, and the Bardessono Hotel and Spa in California for a total cash purchase price of $437.5 million. The transaction is expected to close in approximately 20-35 days. Braemar Hotels & Resorts Inc. operates in the hospitality industry and owns and manages luxury hotel properties.