Macro Finance
GIC Acquires 16 Marriott-Run Hotels in Japan Amid Tourism Boom
Bloomberg Markets·September 30, 2026·1 min read
Singapore's sovereign wealth fund GIC Pte. acquired 16 hotels in Japan operated by Marriott International Inc. for about ¥125 billion ($800 million), according to people familiar with the matter. The deal capitalizes on Japan's tourism boom, with the properties spanning major cities and resort areas. Marriott will continue managing the hotels under long-term agreements.
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