Braemar Hotels & Resorts has agreed to acquire the 210-room Four Seasons Resort Scottsdale at Troon North. The acquisition is expected to close in the fourth quarter, subject to certain customary closing conditions. Because the acquisition is subject to certain customary closing conditions, the Company can give no assurance that the transaction will be consummated by such date or at all.

Located on East Crescent Moon Drive in Scottsdale, Arizona, the Property is set on 37 acres featuring adobe-inspired rooms situated among saguaro cacti, dramatic valleys, and views of Pinnacle Peak. Amenities include locally inspired spa treatments at the 9,000 square foot spa, a bi-level pool and authentic Southwest cuisine. The Property also offers guests close shuttle access to two golf courses, four pickleball and two tennis courts, as well as the opportunities to hike, bike or rock climb surrounding hills. In addition to the amenities of the self-contained Property, the resort benefits from its proximity to Scottsdale, known for its shopping boutiques, restaurants, Old West history, Native American art, and golf courses.

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David Hoffman

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