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Braemar Hotels & Resorts BHR

Braemar Hotels & Resorts sells Four Seasons Resort Scottsdale for $372 million

Item 2.01 Completes acquisition or sale, Item 7.01 Investor disclosure

Form
8-K
Filed
Importance
Major
  1. Sold Four Seasons Resort Scottsdale for $372 million in cash
  2. Sale includes $23 million in anticipated capital expenditures
  3. Generated an unlevered return of approximately 15%
  4. Proceeds to fund remaining fees owed to external advisor

Written from the 8-K on EDGAR. Check the filing before you rely on it.

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0 of 2 claims matched the filing text.

Not found in the filing text

  • For the quarter ended June 30, 2026, Braemar reported revenue of $171.0 million, net income of $7.0 million, and an operating margin of 17.9%.
  • The company's net margin was 4.1%, and revenue decreased by 4.5% compared to the same period a year earlier.

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