Braemar Hotels Closes $372M Sale of Four Seasons Scottsdale
Braemar Hotels & Resorts completes the disposal of its 210-room Arizona luxury property at $1.8 million per key.
Braemar Hotels & Resorts Inc. (NYSE: BHR) has finalized the sale of the Four Seasons Resort Scottsdale, a 210-room luxury property in Arizona, for $372 million, the Dallas-based real estate investment trust announced Nov. 3, 2026.
The transaction values each guest room at approximately $1.8 million per key, a figure that underscores the premium pricing commanded by high-end resort assets in sought-after Sun Belt markets. The deal closed subject to customary conditions, the company said.
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The divestiture represents a significant capital event for Braemar, which has been actively managing its portfolio of upscale and luxury hotels. Proceeds from transactions of this scale are typically redeployed toward debt reduction, share repurchases, or reinvestment into remaining assets, though the company did not detail its specific plans in the announcement.
The Four Seasons brand has remained a benchmark for luxury hospitality valuations, and the per-key pricing achieved in this transaction may serve as a comparable data point for future resort sales in competitive leisure destinations across the American Southwest.
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