Braemar Hotels & Resorts Announces Portfolio Update and 2027 Financial Outlook
Business Wire•08/10/2026•16:10 ET
0
Key Highlights
- ➤Four Seasons Resort Scottsdale sale agreed at $372 million, expected to close October 22, 2026
- ➤Self-management transition expected by mid-November after Ashford separation
- ➤2027 revenue guidance $407 million-$412 million; adjusted EBITDAre $85 million-$90 million
- ➤Annual corporate cost savings exceed $25 million, reducing expenses to approximately $15 million
- ➤2027 adjusted FFO guidance $0.25-$0.31 per diluted share
Expert Statements
Richard Stockton, President and Chief Executive Officer of Braemar Hotels & Resorts
“With Four Seasons Resort Scottsdale under contract and our transition to self-management on schedule, Braemar is well positioned to deliver long-term value for our shareholders. Current sector tailwinds and strong fundamentals support our luxury hotel investment strategy.”
Richard Stockton, President and Chief Executive Officer of Braemar Hotels & Resorts
“We have consistently demonstrated an ability to grow selectively and accretively. Going forward, we will remain disciplined and deliberate in evaluating opportunities to add complementary properties to our portfolio while maintaining our focus on the luxury hotel segment. We are excited about this portfolio and will remain open to any pathway that maximizes its value.”
Braemar Hotels & Resorts Announces Portfolio Update and 2027 Financial Outlook
Announces Definitive Agreement to Sell Four Seasons Resort Scottsdale for $372 Million, Paving the Way to Complete Separation from Ashford and Become a Self-Managed REIT
Get started
Create a free account to read the full story.