Among
the highlights: hotel acquisitions in Oakland, Columbus, Cancun, Lisbon and
Miami.
INTERNATIONAL
REPORT — Notable deals in Oakland; Columbus, Ohio; Cancun, Mexico; Lisbon,
Portugal and Miami highlighted hotel deal activity in the month of January.
The week of
January 1-6 was highlighted by an affiliated group led by Harprit Dhillon
acquiring the 156-key Courtyard by Marriott Oakland Airport out of receivership
for $12.5 million, a deal that underscored the continued weakness in the Bay
Area hospitality market.
The week of
January 7-12 was spotlighted by Whitestone Capital’s acquisition of the 408-key
Renaissance Columbus Downtown Hotel from the Marriott Family Trust for an
undisclosed amount. The hotel's last sale was in 2004, when it was acquired by
Terrapin Columbus for $14.5 million.
The period
of December 31, 2025 through January 20 was highlighted by St. Michael,
Barbados-based Royalton Hotels & Resorts’ and Mexico-based investment
platform Alojica’s acquisition of the 372-key The Westin Resort & Spa,
Cancun, in Mexico, from affiliates of Marriott Vacations Worldwide for an
undisclosed amount.
The most
noteworthy deal of January 12-27 was Orion Capital Managers forming a joint
venture with International Hotel Investments Plc (IHI), owner of the Corinthia
Hotels Group portfolio and brand, to acquire and own 72% of the 517-key
Corinthia Hotel Lisbon in Portugal.
Finally, the
week of January 27-February 2 was highlighted by an affiliate of New York-based
Bridgeton acquiring the 405-room Sheraton Miami Airport Hotel from HHM Hotels
for $67.5 million.
Click here
for all the hotel deal activity for:
Deal
activity: January 1-6, 2026
Deal
activity: January 7-12, 2026
Deal
activity: December 31-January 20, 2026
Deal
activity: January 12-27, 2026
Deal
activity: January 27-February 2, 2026
Deals of the
Week is a weekly feature by Hotel Investment Today. Click here for deal
compilations from many previous weeks.