Braemar Hotels & Resorts Inc. ($BHR) signs deal to offload 369-room Seattle hotel

Braemar Hotels & Resorts Inc. (BHR) has entered into a definitive agreement to sell the 369-room Marriott Seattle Waterfront in Seattle for $145 million, equating to $393,000 per key.

. Braemar Hotels & Resorts Inc. (BHR) provides no assurances that the sale will be completed on these terms or at all. The transaction is expected to close in August 2025.

. We are pleased to announce the planned sale of the Marriott Seattle Waterfront, said Richard J. Stockton, president and CEO of Braemar Hotels & Resorts.