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Braemar Hotels Ends Advisory Agreement, Becomes Self-Managed REIT

Braemar Hotels Becomes Self-Managed REIT Ending Advisory Deal
Image: Concord lobby, Kiamesha Lake, New by libraryofcongress via rawpixel, cc0

Braemar Hotels ended its advisory agreement and became a self-managed real estate investment trust (REIT) as of November 10, 2026. The transition to self-management allows the company to operate independently without an external advisory firm.

The announcement regarding this change was made public on November 10, 2026, with the advisory agreement officially concluding in early November 2026. Braemar Hotels operates in the United States.