News•Feb 20, 2026
Braemar Hotels & Resorts: HST Four Seasons Sale, Updated Thoughts
Host Hotels & Resorts (HST) announced the sale of its Four Seasons Resort Orlando and Four Seasons Jackson Hole for a combined $1.1 billion, translating to roughly $1.9 million per room key. The deal provides a fresh multiple benchmark for luxury hotel assets, especially for peers like Braemar Hotels & Resorts (BHR). BHR’s portfolio, which mixes luxury and urban properties, could leverage this precedent to pursue a similar high‑multiple disposition. Recent changes to BHR’s preferred‑dividend policy suggest the company is positioning itself for a potential sale or strategic transaction.
