An affiliate of a smart home technology company based in Zhejiang, China, acquired the Courtyard by Marriott Ottawa East for $86 million, a price higher than the average in a region where hotel demand outperforms the country as a whole.
Investment arm of China-based tech company buys Marriott hotel in bustling Ottawa market
Linglu Hospitality acquires Courtyard by Marriott Ottawa East for $86 million, CoStar data shows
CoStar News
November 6, 2025 | 8:18 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Courtyard by Marriott Ottawa East
200 Coventry Rd, Ottawa, ON
- Companies
- Bona Properties
Real Estate