Braemar and Ashford terminate agreement, transition to self-managed REIT
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On November 12, 2026, Braemar Hotels & Resorts signed a termination and release agreement with Ashford Inc. and its affiliates on Tuesday, formally completing the spin-off and transitioning to a self-managed real estate investment trust (REIT). The report did not disclose the specific terms of the agreement, the spin-off consideration, or subsequent management arrangements.
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- Hotel Dive FeedBraemar and Ashford Officially Complete Spin-Off, Transitioning to Self-Managed REIT
Braemar Hotels & Resorts signed a termination and release agreement with Ashford Inc. and its affiliates on Tuesday, officially completing the spin-off and transitioning to a self-managed real estate investment trust.
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