BRAEMAR HOTELS & RESORTS ANNOUNCES AGREEMENT TO ACQUIRE DORADO BEACH, A RITZ-CARLTON RESERVE
DALLAS, Dec. 27, 2021 /PRNewswire/ — Acquisition Highlights: Ultra-luxury 96-key resort located within a 1,900-acre exclusive residential development. The Company will issue six million shares of common stock of the Company (“Common Stock”), $104 million of cash, and assume a $54 million loan to fund …
