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Landmark sales reshape West Coast hospitality market

Trophy hotels in prime destinations still command premium pricing
The 463-room Ritz-Carlton Oahu, Turtle Bay, sits on nearly 1,200 acres, with entitlement to expand on 49 acres. (CoStar)
The 463-room Ritz-Carlton Oahu, Turtle Bay, sits on nearly 1,200 acres, with entitlement to expand on 49 acres. (CoStar)
CoStar Analytics
October 13, 2025 | 8:01 P.M.

Despite elevated borrowing costs and tight lending conditions, several high-profile hotel trades across the West Coast and key resort destinations have closed over the past 18 months. These transactions, concentrated in high-barrier markets and anchored by global brands, demonstrate where institutions remain willing to deploy capital at scale.

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