Hotel Dive Feed· Jenna Graber·· 4 hours agoAI Rating58
Braemar sells Four Seasons Scottsdale for $372 million
Braemar advances Ashford spinout with $372M Four Seasons sale
AI Overview
Braemar Hotels & Resorts has entered into a definitive agreement to sell the Four Seasons Scottsdale in Arizona for $372 million. The transaction is expected to close on October 22, aimed at advancing Braemar's spin-off from Ashford Inc. and conversion into a self-managed REIT.
Source:Hotel Dive Feed · hoteldive.com