business

GIC Purchases 16 Marriott Hotels in Japan for ¥125 Billion

30 Eylül 2026Bloomberg

GIC Pte. has acquired 16 Marriott-operated hotels in Japan for approximately ¥125 billion, reflecting a growing tourism sector.
Singapore’s sovereign wealth fund GIC Pte. has made a significant investment by acquiring 16 hotels in Japan that are operated by Marriott International Inc.
The deal is valued at approximately ¥125 billion, which translates to around $800 million. This acquisition comes at a time when Japan is experiencing a tourism boom, making it a strategic move for GIC.
Japan's tourism industry has been rebounding, attracting both domestic and international travelers. This acquisition by GIC reflects a broader trend of investment in hospitality assets as countries emerge from pandemic-related restrictions.
The acquisition of these Marriott-run hotels by GIC highlights the growing confidence in Japan's tourism sector, especially as the country continues to recover from the pandemic. With international travel on the rise, this investment could yield substantial returns for GIC, positioning the fund to capitalize on the…

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This article is based on information from Bloomberg and may contain forward-looking statements. Actual results may vary.

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