Lodging companies connected to Texas hotelier Monty Bennett are returning more than $68 million in federal aid, after facing pressure for receiving the funds in the first place. One of the companies linked to Bennett, Braemar Hotels & Resorts, had reached a deal to sell a property in Florida to Starwood Capital Group for $120 million, but the company called off the deal after learning it would receive funding from the federal government’s Paycheck Protection
source https://therealdeal.com/2020/05/04/monty-bennett-tied-companies-to-return-68m-in-ppp-funds/
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