06:32 AM EDT, 06/11/2026 (MT Newswires) -- Braemar Hotels & Resorts's ( BHR ) indirect subsidiaries have agreed to sell The Ritz-Carlton Sarasota in Florida, Hotel Yountville in California, and Bardessono Hotel and Spa in California for $437.5 million in cash, according to a regulatory filing on Thursday.
Braemar expects to close the sale in about 20 to 35 days, subject to customary closing conditions, the company said.