Braemar hotels & resorts announces agreement to acquire dorado beach, a ritz-carlton reserve

Dallas, dec. 27, 2021 /prnewswire/ -- acquisition highlights: ultra-luxury 96-key resort located within a 1,900-acre exclusive residential development. the company will issue six million shares of common stock of the company ("common stock"), $104 million of cash, and assume a $54 million loan to fund the acquisition.
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