{"filing":{"accession_number":"0001574085-26-000132","cik":"0001574085","ticker":"BHR-PD","company_name":"Braemar Hotels \u0026 Resorts Inc.","form":"8-K","filing_date":"2026-08-17","report_date":"2026-08-12","primary_document":"bhr-20260812.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1574085/000157408526000132/bhr-20260812.htm"},"events":[{"id":28278,"run_id":25855,"accession_number":"0001574085-26-000132","anchor_item_number":"2.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"summary":"Braemar Hotels \u0026 Resorts completed the sale of the 142-room Pier House Resort \u0026 Spa in Key West, Florida for $190.0 million in cash on August 12, 2026, pursuant to an Agreement of Purchase and Sale dated July 13, 2026. This is a material disposition of a significant hotel asset representing a substantial portion of the company's portfolio, with pro forma adjustments showing removal of $78.9 million in net hotel property value and $93.7 million in associated mortgage debt repayment. The transaction generated an estimated non-recurring gain of approximately $108.6 million and materially affects the company's balance sheet and operating results.","company_name":"Braemar Hotels \u0026 Resorts Inc.","ticker":"BHR-PD","filing_date":"2026-08-17","form":"8-K","submitted_at":null,"items":[{"id":30166,"accession_number":"0001574085-26-000132","item_number":"2.01","item_title":"COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Braemar Hotels \u0026 Resorts completed the sale of the 142-room Pier House Resort \u0026 Spa in Key West, Florida for $190.0 million in cash on August 12, 2026, pursuant to an Agreement of Purchase and Sale dated July 13, 2026. This is a material disposition of a significant hotel asset representing a substantial portion of the company's portfolio, with pro forma adjustments showing removal of $78.9 million in net hotel property value and $93.7 million in associated mortgage debt repayment. The transaction generated an estimated non-recurring gain of approximately $108.6 million and materially affects the company's balance sheet and operating results.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-17T20:20:44.559128+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":30166,"accession_number":"0001574085-26-000132","item_number":"2.01","item_title":"COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Braemar Hotels \u0026 Resorts completed the sale of the 142-room Pier House Resort \u0026 Spa in Key West, Florida for $190.0 million in cash on August 12, 2026, pursuant to an Agreement of Purchase and Sale dated July 13, 2026. This is a material disposition of a significant hotel asset representing a substantial portion of the company's portfolio, with pro forma adjustments showing removal of $78.9 million in net hotel property value and $93.7 million in associated mortgage debt repayment. The transaction generated an estimated non-recurring gain of approximately $108.6 million and materially affects the company's balance sheet and operating results.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-17T20:20:44.559128+00:00","company_name":"Braemar Hotels \u0026 Resorts Inc.","ticker":"BHR-PD","filing_date":"2026-08-17"}]}