Highest-materiality recent filing
Braemar Hotels extends $43.4M Ritz-Carlton Lake Tahoe loan maturity to Oct 2026
Extended $43.4M mortgage loan on 170-room Ritz-Carlton Lake Tahoe from July 15, 2026 to Oct 15, 2026.
Braemar Hotels to become self-managed REIT, cuts Ashford ties, reconstitutes board
Terminates advisory agreement with Ashford; expects >$25M annual G&A savings.
Braemar Hotels & Resorts sells 3 properties for $437.5M cash; Ritz-Carlton Sarasota included
Sale includes The Ritz-Carlton Sarasota, Hotel Yountville, and Bardessono Hotel and Spa.
Braemar completes sale of Park Hyatt Beaver Creek for $176M; repays $86.25M convertible notes
Sold Park Hyatt Beaver Creek for $176M ($912k/key), 4.6% cap rate; net proceeds ~$104.5M after repaying $70.5M mortgage and costs.
Braemar Hotels agrees to sell Park Hyatt Beaver Creek for $176M ($912K/key)
Sale price of $176M represents a 5.1% cap rate on trailing 12-month NOI.
Braemar Hotels Q4 Adj FFO $0.07 vs $0.19 YoY; 2026 EBITDA guidance $155M-$175M
Q4 2025 Adjusted FFO per share $0.07, down from $0.19; Adjusted EBITDA $35.9M vs $39M.
Board unanimously voted on Feb 20, 2026 that Ghassemieh breached the cooperation agreement, activating his August 2025 resignation letter.
At Dec 15 annual meeting, director Stefani D. Carter received fewer votes for than against (17.5M vs 22.9M), but Board rejected her resignation, so she remains on Board.
Braemar Hotels & Resorts completes sale of The Clancy for $108.8M cash
Sold The Clancy in San Francisco for ~$108.8M cash, net of transfer taxes and selling expenses.
Braemar Hotels & Resorts closes sale of The Clancy in San Francisco for $115M
Sale price of $115M ($280,487 per key) for 410-room hotel; 5.2% cap rate on TTM NOI.
Braemar Hotels agrees to sell The Clancy in San Francisco for $115 million
Sale price of $115M cash ($280,487 per key) for the 410-room hotel.
Braemar appoints activist Bob Ghassemieh to board under cooperation agreement
Ghassemieh Group, owning ~7.3% of BHR common stock, enters cooperation agreement with Braemar.
Braemar Hotels & Resorts initiates sale process; agrees to $480M termination fee with advisor
Board forms special committee, engages Baird and White & Case to explore sale; no definitive timetable.
Braemar provides pro forma financials showing sale of Marriott Seattle Waterfront for $139.3M
Pro forma reflects removal of Marriott Seattle (369 rooms) sold Aug 7, 2025 for approx $139.3M net cash.
Braemar Hotels closes $145M sale of Marriott Seattle Waterfront; pays down $88.4M debt
Sold 369-room Marriott Seattle Waterfront for $145M ($393k per key) on August 7, 2025.
Braemar Hotels agrees to sell Marriott Seattle Waterfront for $145M
Sale price $145M ($393,000 per key) for 369-room hotel; 8.1% cap rate on trailing 12-month NOI of $12.4M.
Also on May 21, 2026, each of Stefani Danielle Carter and Rebecca Musser notified the Company of their resignation from the Board effective as of that date.
On May 21, 2026, the Board of Directors (the “ Board ”) of Braemar Hotels & Resorts Inc. (the “ Company ”) appointed Mr. Eric Batis to the Board to serve until the next annual meeting of stockholders of the Company and until his successor is duly elected and qualified.
Also on May 21, 2026, each of Stefani Danielle Carter and Rebecca Musser notified the Company of their resignation from the Board effective as of that date.
On June 2, 2025, Mr. Jay H. Shah tendered his resignation from the Board of Directors of Braemar Hotels & Resorts Inc. (the “ Company ”) to be effective as of that date.
On April 1, 2025, the Board of Directors (the “ Board ”) of Braemar Hotels & Resorts Inc. (the “ Company ”) appointed Ms. Kellie Sirna to the Board, effective immediately, to serve until the next annual meeting of stockholders of the Company and until her successor is duly elected and qualified.
on October 4, 2024, the Board increased the number of directors of the Company from eight to nine and appointed Mr. Jay H. Shah as the Additional Board Member to serve until the Company’s next annual meeting of stockholders and until his successor is duly elected and qualified.
On December 7, 2023, Justin Coe, the current Senior Vice President of Accounting of Advisor, was appointed to fill the role of Chief Accounting Officer at the Company, effective January 1, 2024.
On December 5, 2023, Mark Nunneley, Chief Accounting Officer of Braemar Hotels & Resorts Inc. (the “ Company ”), announced to the Board of Directors (the “ Board ”) of the Company his intention to voluntarily step down from his role as the Chief Accounting Officer
Mr. Welter is also the Chief Operating Officer of Ashford Hospitality Trust, Inc. (“Ashford Trust”) and Braemar Hotels & Resorts Inc. (the “Company”) and accordingly his service as Chief Operating Officer of each of Ashford Trust and the Company will also end effective as of the Resignation Date.
Max materiality 0.80 · Median 0.32 · Most common event other_material