Braemar Hotels sells Park Hyatt Beaver Creek for $176M, repays $86.25M convertible notes

Filed June 1, 2026 · Period ending May 26, 2026 · ~1 min read

Key Changes

• high

  Sold Park Hyatt Beaver Creek Resort & Spa in Avon, Colorado for $176 million cash on May 26, 2026. After repaying $70.5 million property mortgage and transaction costs, retained ~$104.5 million net proceeds.

  Item 1.01 view on EDGAR →
• high

  Used hotel sale proceeds to fully repay $86.25 million of 4.50% Convertible Senior Notes at scheduled maturity on June 1, 2026, eliminating debt and potential shareholder dilution from conversion.

  Item 1.01 view on EDGAR →
• medium

  Amended advisory agreement to clarify termination fee payment terms in potential company sale scenarios, ensuring consistent treatment across transaction structures.

  Item 1.01 view on EDGAR →