#United States #Dallas #Braemar Hotels #Park Hyatt #Beaver Creek

Braemar Hotels & Resorts Initiates Sale of Park Hyatt Beaver Creek Resort & Spa

Dallas, April 30, 2026 — Braemar Hotels & Resorts Inc. (NYSE: BHR), a prominent player in the luxury hotel market, has made significant headlines by announcing a definitive agreement to sell the renowned Park Hyatt Beaver Creek Resort & Spa for an impressive $176 million. This sale, amounting to approximately $912,000 per room, underscores the high value of properties within Braemar's portfolio.

The transaction is highlighted by a $6.5 million non-refundable earnest money deposit that Braemar has secured, further indicating the commitment and seriousness surrounding this sale. With this deal, Braemar is looking at a capitalization rate of 5.1% based on the net operating income from the twelve months leading up to December 2025, representing a robust financial outlook for the company.

Richard Stockton, the President and CEO of Braemar, emphasized that this sale is not just a significant financial transaction, but a critical milestone that reflects the strength and quality of their asset portfolio. He noted, "The sale of this asset at a premium valuation is a significant milestone in our ongoing strategic review and sales process, underscoring the high quality of our portfolio."

The majority of the funds generated from this sale are set to be allocated towards redeeming existing convertible notes in June, further demonstrating Braemar's commitment to improving their financial standing and operational flexibility. This strategic move is part of their broader business strategy to optimize their holdings and focus on high-performance luxury properties that yield competitive revenue per available room (RevPAR).

With the closure of this transaction anticipated for May 2026, it will be interesting to see how Braemar manages the conditions attached to the deal. While the company is optimistic, it has advised stakeholders that they cannot guarantee completion of the sale under the current terms or timeline as customary due diligence remains in place.

Owning a prestigious portfolio, Braemar Hotels & Resorts specializes in luxury urban and resort properties that consistently outperform the market in terms of revenue generation. The Park Hyatt Beaver Creek, renowned for its high-end amenities and service, aptly aligns with the company’s vision of providing exemplary hospitality experiences to guests.

About Braemar Hotels & Resorts

Braemar Hotels & Resorts Inc. is a notable real estate investment trust (REIT) concentrating on high-growth, luxury hotel and resort sectors. The company aims to target premium urban and resort properties, with a clear focus on assets that generate revenues significantly higher than the national average. By leveraging the expertise of Ashford Hospitality Advisors LLC, Braemar combines industry knowledge and disciplined asset management to maintain its high-performing portfolio.

With strategic divestments like the sale of Park Hyatt Beaver Creek Resort & Spa, Braemar aims to strengthen its financial position, set the stage for innovative growth, and maintain a competitive edge in the luxury hospitality space. Investors and business analysts will be keenly observing how this sale influences Braemar's operational strategies and future acquisitions in the ever-competitive luxury hospitality domain.

As the hospitality industry continues to evolve post-COVID-19, Braemar Hotels & Resorts remains at the forefront of delivering high-quality experiences, ensuring they meet the changing needs and preferences of travelers worldwide.

Finally, as we wait for updates surrounding this sale, the transaction exemplifies a vital aspect of strategic financial planning within the real estate investment realm, particularly in high-stakes situations, and will likely have lasting implications for Braemar’s operational future.