Braemar Hotels Closes Four Seasons Scottsdale Sale for $372M
Braemar Hotels & Resorts completes the sale of its 210-room Four Seasons Resort Scottsdale at $1.8 million per key.
Braemar Hotels & Resorts Inc. (NYSE: BHR) has finalized the sale of the Four Seasons Resort Scottsdale, the Dallas-based real estate investment trust announced Nov. 3, 2026. The transaction closed at $372 million, or approximately $1.8 million per guest room, subject to customary closing conditions.
The 210-room luxury property in Scottsdale, Arizona, represents one of the higher per-key valuations seen in recent upscale resort transactions, reflecting continued investor appetite for premium leisure destinations in Sun Belt markets.
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The deal had been previously announced, with the closing confirming Braemar's execution of an asset-disposition strategy that has drawn attention from REIT investors tracking the company's portfolio management moves. Proceeds from transactions of this scale are typically evaluated in the context of debt reduction, shareholder returns, or redeployment into other assets.
Braemar Hotels & Resorts specializes in luxury and upper-upscale hotel properties and trades on the New York Stock Exchange. The company has not yet detailed how it intends to allocate the net proceeds from the Scottsdale sale, leaving analysts and shareholders to await further guidance.
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