Braemar Hotels agrees to sell three luxury properties for $437.5M cash

Filed June 10, 2026 · Period ending June 4, 2026 · ~1 min read

Key Changes

• high

  Company signed agreement to sell The Ritz-Carlton Sarasota, Hotel Yountville, and Bardessono Hotel and Spa for $437.5 million in cash, subject to customary adjustments. This represents a major portfolio reduction and liquidity event.

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• medium

  Transaction expected to close within 20-35 days from June 4, 2026, though several closing conditions remain unsatisfied and completion is not guaranteed.

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• medium

  Company explicitly warns that the sale may not complete on described terms or at all, highlighting execution risk despite signed purchase agreement.

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