Hotel investors have made some sizeable deals across the U.S. during the first half of the year.
The pace of high-priced transactions builds off the momentum built last year as buyers sought out desirable properties in major urban and resort markets.
The slideshow below highlights some of the biggest individual hotel deals in the U.S. during the first half of 2026 along with a list of other big and otherwise noteworthy announced or closed deals.
Noteworthy US hotel deals
Caesars Entertainment
Price: $17.6 billion
Buyer: Fertitta Entertainment
Seller: Caesars Entertainment
Takeaway: The deal was announced May 28, 2026, and no expected closing date has been shared. The all-cash transaction valued at $17.6 billion includes Fertitta Entertainment assuming $11.9 billion of debt from Caesars Entertainment. The Caesars Entertainment portfolio comprises more than 50 resorts across North America.
Golden Entertainment Portfolio
Price: $1.16 billion
Price per square foot: $239.73
Date: April 30, 2026
Buyer: Vici Properties
Seller: Golden Entertainment
Takeaway: The portfolio included the Strat Hotel Casino & Tower; Aquarius Casino Resort; Edgewater Casino Resort; Arizona Charlie's Decatur; Arizona Charlie’s Boulder; Pahrump Nugget Hotel and Casino and an additional facility in Pahrump. The deal was a triple-net sale-leaseback transaction.
Host Hotels & Resorts’ Four Seasons sale
Price: $1.1 billion
Price per key: $1.9 million
Rooms: 600
Buyer: BDT & MSD Partners
Seller: Host Hotels & Resorts
Takeaway: Host sold the 444-key Four Seasons Resort Orlando at Walt Disney World and the 125-key Four Seasons Resort and Residences Jackson Hole.
Twin River Lincoln Casino Resort
Price: $700 million
Price per square foot: $2,348.14
Date: Feb. 10, 2026
Where: Lincoln, Rhode Island
Buyer: Gaming and Leisure Properties
Seller: Bally’s Management Group
Takeaway: The sale involved a 165,000-square-foot casino, 136-key hotel with a 29,000-square-foot convention center.
Price: $279 million
Price per key: $340,000
Rooms: 821
Buyer: Blackstone Real Estate
Seller: Sunstone Hotel Investors
Takeaway: The pending deal announced June 23, 2026, is expected to close in late July or early August. Sunstone has already directed nearly $70 million in proceeds to repurchase common and preferred stock.
WoodSpring Suites Portfolio
Price: $110.16 million
Price per key: $64,230
Date: Jan. 14, 2026
Rooms: 1,715
Buyer: Noble Investments Group
Seller: Gold Coast Premier Properties
Takeaway: The portfolio included 14 hotels as well as an additional land parcel separately deeded from a hotel.