BRAEMAR HOTELS & RESORTS ANNOUNCES AGREEMENT TO SELL THE CLANCY

, /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it has entered into a definitive agreement to sell the 410-room The Clancy in San Francisco for $115 million ($280,487 per key) and has received a $3.5 million non-refundable earnest money deposit. The sale price represents a 5.0% capitalization rate on net operating income for the trailing 12 months ended August 2025. "We are strategically refining our portfolio with one clear objective: to maximi ...