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Braemar sells Four Seasons Scottsdale for $372 million

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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.

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Latest developments10月10日 03:08
Braemar signed a deal to sell the Four Seasons Scottsdale for $372 million, with the transaction expected to close on October 22.

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10月10日
  1. Hotel Dive Feed
    Braemar sells Four Seasons Scottsdale for $372 million, advancing spin-off from Ashford

    Braemar Hotels & Resorts has entered into a definitive agreement to sell the Four Seasons Resort Scottsdale in Arizona for $372 million, with the transaction expected to close on October 22, to advance its spin-off from Ashford Inc. and conversion into a self-managed REIT.

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