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BRAEMAR HOTELS & RESORTS ANNOUNCES SALE OF MARRIOTT SEATTLE WATERFRONT

Provided By PR Newswire

Last update: Aug 11, 2025

DALLAS, Aug. 11, 2025 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has closed on the previously announced sale of the 369-room Marriott Seattle Waterfront in Seattle for $145 million ($393,000 per key). Including anticipated capital expenditures of $7 million, the sale price represents an 8.1% capitalization rate on net operating income for the trailing 12 months ended May 31, 2025.

Read more at prnewswire.com

BRAEMAR HOTELS & RESORTS INC

NYSE:BHR (10/22/2025, 8:17:40 PM)

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