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BRAEMAR HOTELS & RESORTS ANNOUNCES CLOSING ON SALE OF FOUR SEASONS RESORT SCOTTSDALE
Source: PR Newswire
M&A & RestructuringTravel & LeisureCompany Fundamentals
Braemar Hotels & Resorts closed the previously announced sale of the 210-room Four Seasons Resort Scottsdale for $372 million, or approximately $1.8 million per key. The transaction was subject to customary conditions; the article excerpt provides no details on proceeds use or the sale’s financial impact.
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