GIC acquires 16 Marriott-run hotels in Japan amid tourism boom

🇯🇵 The Japan Times (JP) —

AI Summary

Singapore’s GIC has acquired 16 hotels in Japan operated under Marriott’s Four Points Flex by Sheraton brand. The transaction comes amid a tourism boom and adds to major real estate investment activity in the country.

In the latest big real estate deal in Japan, Singapore's GIC took over Four Points Flex by Sheraton, a mid-price-range hotel chain.

World Markets Deals Real Estate Travel GIC Japan hotel acquisition Marriott Four Points Flex tourism

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