Braemar Hotels sells three luxury properties for $432.7M, repays $232.8M in debt

Filed July 17, 2026 · Period ending July 13, 2026 · ~1 min read

Key Changes

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  Completed sale of The Ritz-Carlton Sarasota, Hotel Yountville, and Bardessono Hotel for $432.7M net cash, generating an estimated $158.2M gain and reducing portfolio by three properties.

  Item 2.01 verify on EDGAR →
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  Repaid $232.8M in mortgage debt secured by the sold properties, reducing leverage and future interest expense.

  Exhibit 99.1 view on EDGAR →
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  Entered into agreement to sell Pier House Resort & Spa in Key West for $190M cash, subject to closing conditions with no guarantee of completion.

  Item 1.01 verify on EDGAR →