{"filing":{"accession_number":"0001574085-26-000116","cik":"0001574085","ticker":"BHR-PD","company_name":"Braemar Hotels \u0026 Resorts Inc.","form":"8-K","filing_date":"2026-07-16","report_date":null,"primary_document":"bhr-20260713.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1574085/000157408526000116/bhr-20260713.htm"},"events":[{"id":18534,"run_id":16660,"accession_number":"0001574085-26-000116","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.97,"summary":"Braemar Hotels \u0026 Resorts entered into an Agreement of Purchase and Sale on July 13, 2026, to sell the Pier House Resort \u0026 Spa in Key West, Florida for $190.0 million in cash, and completed the sale of three other hotel properties (The Ritz-Carlton Sarasota, Hotel Yountville, and Bardessono Hotel) for approximately $437.5 million on July 14, 2026. These material dispositions generated approximately $158.2 million in pre-tax gains and significantly reduced the company's asset base while enabling substantial debt repayment of $232.8 million.","company_name":"Braemar Hotels \u0026 Resorts Inc.","ticker":"BHR-PD","filing_date":"2026-07-16","form":"8-K","submitted_at":null,"items":[{"id":17366,"accession_number":"0001574085-26-000116","item_number":"1.01","item_title":"ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"The Item 1.01 disclosure describes Braemar's entry into an Agreement of Purchase and Sale on July 13, 2026, for the sale of the Pier House Resort \u0026 Spa in Key West, Florida for $190.0 million in cash. This is a material disposition of a hotel property. The supplemental exhibit (EX-99.1) further documents the completed sale of three other hotel properties (The Ritz-Carlton Sarasota, Hotel Yountville, and Bardessono Hotel) for approximately $432.7 million, with debt repayment of $232.8 million. These are material M\u0026A/disposition activities that would significantly affect investor assessment of the company's asset base and capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-17T10:03:58.894524+00:00","company_name":"","ticker":null,"filing_date":""},{"id":17367,"accession_number":"0001574085-26-000116","item_number":"2.01","item_title":"COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"The filing discloses the completed sale of three hotel properties—The Ritz-Carlton Sarasota, Hotel Yountville, and Bardessono Hotel—for $437.5 million in cash on July 14, 2026. This is a material disposition of assets under Item 2.01, representing a significant reduction in the company's asset base and generating a substantial gain on disposition (approximately $158.2 million pre-tax per the pro forma statements). The transaction materially affects the company's financial position and operating profile.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-17T10:03:58.894524+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":17366,"accession_number":"0001574085-26-000116","item_number":"1.01","item_title":"ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"The Item 1.01 disclosure describes Braemar's entry into an Agreement of Purchase and Sale on July 13, 2026, for the sale of the Pier House Resort \u0026 Spa in Key West, Florida for $190.0 million in cash. This is a material disposition of a hotel property. The supplemental exhibit (EX-99.1) further documents the completed sale of three other hotel properties (The Ritz-Carlton Sarasota, Hotel Yountville, and Bardessono Hotel) for approximately $432.7 million, with debt repayment of $232.8 million. These are material M\u0026A/disposition activities that would significantly affect investor assessment of the company's asset base and capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-17T10:03:58.894524+00:00","company_name":"Braemar Hotels \u0026 Resorts Inc.","ticker":"BHR-PD","filing_date":"2026-07-16"},{"id":17367,"accession_number":"0001574085-26-000116","item_number":"2.01","item_title":"COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"The filing discloses the completed sale of three hotel properties—The Ritz-Carlton Sarasota, Hotel Yountville, and Bardessono Hotel—for $437.5 million in cash on July 14, 2026. This is a material disposition of assets under Item 2.01, representing a significant reduction in the company's asset base and generating a substantial gain on disposition (approximately $158.2 million pre-tax per the pro forma statements). The transaction materially affects the company's financial position and operating profile.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-17T10:03:58.894524+00:00","company_name":"Braemar Hotels \u0026 Resorts Inc.","ticker":"BHR-PD","filing_date":"2026-07-16"}]}