Braemar Hotels & Resorts to sell San Francisco hotel for $115 million
PositiveFinancial Markets

Braemar Hotels & Resorts has announced the sale of its San Francisco hotel for $115 million, marking a significant move in the real estate market. This transaction not only highlights the ongoing demand for prime hotel properties in major cities but also reflects the company's strategic focus on optimizing its portfolio. The sale is expected to provide Braemar with capital to reinvest in other opportunities, potentially enhancing its growth and stability in the hospitality sector.
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