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US hotel deals: Marriott Winston-Salem sells for $56.2 million

MS Real Estate buys Hotel Five in Seattle
The 319-room Marriott Winston-Salem sold for $56.2 million. (CoStar)
The 319-room Marriott Winston-Salem sold for $56.2 million. (CoStar)
CoStar News
August 12, 2025 | 1:44 P.M.

This roundup features the latest hotel transactions in the U.S. hotel industry.

Rooms: 150
Location: Columbus, Ohio
Buyer: Bansal Raza Hospitality
Seller: Brookfield Properties
Date of transaction: July 31, 2025
Takeaway: Brookfield Asset Management acquired the property in 2021 as part of a 44-hotel portfolio for an undisclosed price, according to CoStar data.

Rooms: 319
Location: Winston-Salem, North Carolina
Price, including debt: $56.2 million
Price per room: $176,019
Buyer: 1754 Properties
Seller: Rockbridge
Date of transaction: July 18, 2025
Takeaway: 1754 Properties plans to invest more than $5 million in the hotel to upgrade the meeting space, hallways and infrastructure, elevating the property to meet the growing demands of clients.

Rooms: 116
Location: Seattle
Price, including debt: $25.5 million
Price per room: $219,828
Buyer: MS Real Estate
Seller: Staypineapple Hotels
Date of transaction: July 16, 2025
Takeaway: This is the third property Staypineapple Hotels has sold since November. It will continue to manage the 116-room property.

article
1 Min Read
July 24, 2025 07:26 PM
The Bellevue-based hospitality chain traded the 116-room Hotel Five in downtown Seattle as the firm pivots to management over ownership.
Randyl Drummer
Randyl Drummer

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