Braemar Hotels responds to Al Shams court filing

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Go back to Braemar Hotels responds to Al Shams court filing

Braemar Hotels & Resorts Issues Statement on Al Shams’ Frivolous Court Filing

July 16, 2026 4:05 PM EDT

DALLAS--(BUSINESS WIRE)-- Braemar Hotels & Resorts Inc. (NYSE: BHR) (Braemar, the Company, or we) today issued the following statement regarding a recent court filing by Al Shams Investments Limited (Al Shams):

Mr. Wafic Said, Principal of Al Shams, has, for more than two years now, aggressively attempted to advance his self-interested agenda at Braemar. Braemar, in turn, has been forced to expend significant time and capital to defend itself. Mr. Saids checkered past, his hospitality sector acquisition ambitions and his repeated efforts to gain influence at Braemar run counter to the best interests of all... More