After a somewhat slower start to the year, the U.S. hotel industry saw several high-priced deals close in the last half of 2025, many of which were in or near the final months.
Many potential buyers this year were waiting for further clarity after a great deal of economic uncertainty clouded what had been an optimistic start in January.
See the slideshow below highlighting some of the biggest individual hotel deals in the U.S. in 2025 followed by a list of other big and noteworthy deals.
Noteworthy U.S. hotel deals
JW Marriott Phoenix Desert Ridge Resort & Spa
Price: $865 million
Price per square foot: $854.38
Where: Phoenix, Arizona
Rooms: 950
Buyer: Ryman Hospitality Partners
Seller: Trinity Investments and Elliott Management Corp.
Takeaway: The transaction included the JW Marriott Phoenix Desert Ridge Resort & Spa along with two golf courses at the Wildfire Golf Club.
Magna Hospitality Group sales
Price: $489.8 million
Price per key: $433,835
Where: New York City
Rooms: 1,129
Owner: Magna Hospitality Group
Takeaway: Magna Hospitality sold a portfolio of four hotels: the 196-key Hilton Garden Inn New York Times Square North; the 374-key Motto by Hilton New York City Chelsea; the DoubleTree by Hilton New York Times Square South; and the Fairfield Inn & Suites New York Midtown Manhattan Penn Station. It was structured as a sale between Magna Hotel Fund VI and a group of unidentified large institutional owners along with a separate Manga fund that will maintain partial ownership of the portfolio.
PGA National Resort & Golf Courses
Price: $422.5 million
Price per square foot: $1,004.37
Where: Palm Beach Gardens, Florida
Rooms: 360
Buyer: Henderson Park, South Street Partners and Salamander Hospitality
Seller: Brookfield Hotel Properties
Takeaway: The deal included the PGA National Resort along with six surrounding golf courses with 99 holes of championship golf across about 807 acres. The price for the PGA National Resort itself was $171.4 million.
Park Hotels & Resorts’ San Francisco hotels
Price: $367.2 million
Price per key: $124,669
Where: San Francisco
Rooms: 2,945
Buyer: Conversant Capital and Newbond Holdings
Seller: Park Hotels & Resorts
Takeaway: In June 2023, Park Hotels & Resorts stopped making payments on the $725 million debt it held for the Parc 55 San Francisco and Hilton San Francisco Union Square, and the properties entered receivership in November 2023. This sale marks the closing of the two-year-long saga.
Sunseeker Resort & Golf Course
Price: $200 million
Price per square foot: $320.02
Where: Port Charlotte, Florida
Size: 624,960 square feet
Buyer: BRE Hotels & Resorts
Seller: Allegiant
Takeaway: BRE Hotels & Resorts bought the 785-key Sunseeker Resort Charlotte Harbor, now the Sunseeker Resort Florida Gulf Coast, Curio Collection by Hilton, and the accompanying Aileron Golf Club from airline company Allegiant.
Ritz-Carlton New Orleans and Courtyard New Orleans French Quarter
Price: $195 million
Price per key: $257,256
Where: New Orleans
Rooms: 758
Buyer: Gencom
Seller: Quorum Hotels & Resorts
Takeaway: Gencom bought the recently renovated interconnected 528-key Ritz-Carlton and 230-key Courtyard French Quarter in New Orleans.
Sawgrass Marriott Golf Resort & Spa
Price: $147.3 million
Price per key: $286,571
Where: Ponte Vedra Beach, Florida
Rooms: 514
Buyer: South Street Partners and Dream Finders
Seller: Brookfield Hotel Properties
Takeaway: The property sale included the Sawgrass Marriott Golf Resort & Spa as well as a restaurant.
Wildwood Snowmass and Viewline Resort Snowmass Autograph Collection
Price: $144 million
Price per key: $355,548
Where: Snowmass Village, Colorado
Rooms: 405
Buyer: Elevated Returns
Seller: High Street Real Estate Partners
Takeaway: Hodges Ward Elliot represented High Street Real Estate Partners in its sale of the 151-key Wildwood Snowmass and 254-key Viewline Resort Snowmass Autograph Collection.