New Ritz-Carlton, Sarasota, owner gets new name

Name change comes in the wake of $172.3 million purchase

  • By Kevin McQuaid
  • | 6:00 a.m. May 4, 2018
  • | 0 Free Articles Remaining!
  • Commercial Real Estate
  • Share

Ashford Hospitality Prime Inc., which acquired the Ritz-Carlton, Sarasota, resort last month for a record amount for a Sarasota-Manatee lodging property, has a new name.

The Dallas-based lodging owner is now known as Braemar Hotels & Resorts Inc. and will be traded under the ticket symbol BHR.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • December 18, 2025
Kolter, Casto buy 19 acres in Parrish
  • December 18, 2025
Tampa Museum of Art director to retire
  • December 18, 2025
ESPN report: Naples' Hoffmann family buying NHL hockey team
  • December 18, 2025
4-acre entertainment district to be built in downtown Tampa

Sponsored Content