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Braemar Hotels & Resorts Announces Portfolio Update and 2027 Financial Outlook
BusinessWire ·
BusinessWire reports: Braemar Hotels & Resorts Inc. ( ) (“Braemar” or the “Company”) today provided a portfolio update and announced its financial outlook for full-year 2027. Portfolio Update On July 14, 2026, the Company closed on the sale of the Ritz-Carlton Sarasota, the Hotel Yountville and the Bardessono Hotel and Spa for a total purchase price of $437.5 million ($1.0 million per key). On August 21, 2026, the Company closed on the sale of the Pier House Resort & Spa for $190.0 million…