Published Sep 29, 2026, 11:33 PM ET · Updated a month ago · 2 sources

GIC Acquires 16 Marriott-Run Hotels in Japan Amid Tourism Boom

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Original Report

Singapore’s sovereign wealth fund GIC Pte. has acquired 16 hotels in Japan operated by Marriott International Inc. for about ¥125 billion ($800 million), according to people familiar with the matter.