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Braemar Hotels & Resorts Sells Hotel Yountville and Bardessono in $437.5MM Three-Property Deal
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Braemar Hotels & Resorts Sells Hotel Yountville and Bardessono in $437.5MM Three-Property Deal
A Dallas-based hotel REIT is shedding its two Napa Valley trophy properties as part of a transaction approaching a half-billion dollars — then, in a rapid strategic reversal, announcing it will abandon its full liquidation plan, cut ties with its longtime external manager, and reconstitute itself as a leaner, self-managed luxury hotel company. Braemar Hotels […] The post Braemar Hotels & Resorts Sells Hotel Yountville and Bardessono in $437.5MM …
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