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Home Finance Braemar Hotels Sells Seattle Waterfront Marriott for $145MM in Portfolio Strategy Shift
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Braemar Hotels Sells Seattle Waterfront Marriott for $145MM in Portfolio Strategy Shift

July 9, 20252 Mins read948
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Braemar Hotels & Resorts Inc. announced the sale of the 369-room Marriott Seattle Waterfront for $145 million, aiming to shift focus to luxury assets and reduce leverage. This strategic move reflects trends in the hospitality REIT sector, enhancing the portfolio's alignment with premium hospitality investments amid a recovering market. The sale is set to close in August 2025.

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