Braemar Hotels pushes back against Al Shams in proxy dispute
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Braemar Hotels & Resorts Issues Statement on Al Shams’ Baseless Accusations
July 8, 2026 8:00 AM EDTBoard Has Taken Decisive Steps to Improve Governance, Execute the Management Spin-Out and Streamline Operations Which are Changes that Al Shams Itself Had Previously Sought
Questions Al Shams Principal Wafic Saids Motives, Noting His Checkered Past and Wildly Inconsistent Positions on the Company
DALLAS--(BUSINESS WIRE)-- Braemar Hotels & Resorts Inc. (NYSE: BHR) (Braemar, the Company or we) today issued the following statement regarding recent public communications from Mr. Wafic Said, Principal of Al Shams Investments Limited (Al Shams).
For more than two years now, Mr.... More
