Singapore’s sovereign wealth fund GIC acquires 16 hotels in Japan that are operated by Marriott International, in a deal reported at about ¥125 billion (around $800 million). The acquisition reflects continued investor interest in Japan’s hospitality sector as travel demand remains strong.

Reports describe the properties as part of Marriott’s portfolio in Japan, including hotels associated with Four Points Flex by Sheraton. Bloomberg and other outlets cite people familiar with the matter regarding the deal size, while the Japan Times frames the transaction as a major real-estate move linked to Japan’s tourism boom.

While the sources broadly agree on the buyer, the number of hotels, and the involvement of Marriott-operated properties, they place emphasis differently: Bloomberg focuses on the reported purchase price, Seeking Alpha highlights the dollar value, and the Japan Times adds contextual detail about the specific brand segment. No source provides further terms, timing, or a breakdown of individual assets beyond the shared scope of 16 hotels.