Al Shams Investments Calls for New Directors at Braemar Hotels & Resorts 2026 Annual Meeting
Al Shams Investments, Braemar Hotels & Resorts' largest shareholder, has called for the election of new directors at the company's 2026 Annual Meeting. The letter urges the independent directors to halt further hotel divestitures to prevent a potential $480 million termination payment to Ashford Inc., Braemar's external advisor.
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Topics: advisory agreement board election divestiture concerns shareholder letter