Braemar hotels & resorts announces sale of marriott seattle waterfront

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.
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