HotelHinge Research  ·  Monthly transaction report

U.S. Hotel Transactions, May 2026: What the Public Record Shows

Published Jul 8, 2026 · Sourced to the public record · Updated monthly

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Each month, HotelHinge pulls the hotel trades that have hit the U.S. public record, sets them against the census, and adds the deals the trade press reported but the deed record has not yet caught. Recorded figures come from county and municipal deed and assessor records, linked so you can verify them; reported figures are attributed to the outlet that carried them. The record accrues: deeds record with a lag, so a month keeps filling in after it closes, and this report is refreshed as trades appear.

The month's biggest story: Portman buys back the Westin Peachtree Plaza

May's most notable hotel story in our data was a landmark changing hands. It is a reported, entity-level trade with no disclosed price and no recorded deed in our markets, so it is not in the priced sales table below (it is listed, unpriced, under Through the Grapevine); here is what the trade press shows, each step sourced.

Portman, the Atlanta development firm (through its Portman Hospitality Fund I), acquired the Westin Peachtree Plaza, the tallest hotel in Atlanta, from Marriott International in May. Terms were not disclosed in the public record. (Source: Atlanta Business Chronicle)

Weeks later, in June, NGC closed a $63.97 million C-PACE financing on the property, a form of financing repaid through a property-tax assessment. It is the kind of activity that follows a change of ownership but sits in the financing record, not the sale record. (Source: Hotel Business)

Every May 2026 hotel trade in one table

Every priced hotel trade the public record and the trade press surfaced for May, in one table, sorted by price. Recorded rows are deed or assessor filings, each identified by its recording office and public record number; reported rows are arm's-length sales the trade press covered that had not yet filed a May deed, each linked to the article that reported it. Recording lags the closing and some trades are structured at the entity level and never file a property deed, so the recorded set is only part of the month's activity. Named deals with no disclosed price are listed separately under Through the Grapevine.

Recorded rows are county deed or assessor filings, each identified by its recording office and public record number; the parties are shown only where the county publishes them (many counties do not), never guessed. Reported rows are trades the trade press covered that had not yet filed a deed for the month, each linked to the article that reported it.

May's largest deals, in brief

The month's biggest priced transactions, each drawn from that deal's own sources.

• Chamberlain West Hollywood · West Hollywood, CA$43.5M
  Pebblebrook Hotel Trust, a publicly traded lodging REIT, sold the Chamberlain West Hollywood for $43.5 million as it continued to prune its portfolio.
• Lakeway Resort and Spa · Lakeway, TX$37.8M
  Trestle Studio acquired the Lakeway Resort & Spa on Lake Travis from Ashford Hospitality Trust for $37.75 million and said it plans renovations.
• Courtyard by Marriott New York/Fifth Avenue · New York, NY$33M
  DiamondRock Hospitality sold the 189-room Courtyard by Marriott on Fifth Avenue, a leasehold interest, to Knightstone Capital for $33 million; the sale closed May 1.
• Homewood Suites by Hilton Chicago-Downtown · Chicago, IL$29M
  Brookfield Asset Management sold the Homewood Suites by Hilton in downtown Chicago to a Prakash Patel-led entity for $29 million; the price was reported by The Real Deal citing Cook County records.
• The Saint Paul Hotel · Saint Paul, MN$18M
  A local investor group led by Minnesota Wild owner Craig Leipold bought the historic 255-room Saint Paul Hotel from Travelers Insurance for $18 million, per the filed certificate of real estate value.
• TownePlace Suites by Marriott Phoenix North · Phoenix, AZ$13.5M
  A TownePlace Suites in north Phoenix recorded a $13.5 million deed on May 1 in the Maricopa County assessor's records, the month's largest recorded hotel sale.

Through the Grapevine

Unpriced transactions

Named ownership changes the trade press reported in May with no disclosed price. These are not in the priced table above and carry no dollar figure; each is a named buyer or seller confirmed to a linked source.

A grapevine entry is a named acquisition the trade press carried without a disclosed price. HotelHinge lists it, unpriced, so the record is complete; no figure is shown or implied, and no grapevine deal is counted in the month's dollar totals above.

What the deed record caught that the trade press didn't

None of May's seven recorded deed sales surfaced in the hotel trade-press screen. The $13.5 million TownePlace Suites in north Phoenix, the $6 million Downtowner in Las Vegas, the $3.1 million Quiet Sun resort on Maryland's Eastern Shore, the $2.1 million Budget Inn in Greensboro, the $1.6 million Flamingo Motel in Reno, the $850,000 Currier House in Havre de Grace, and the $250,000 Saratoga Lake Motel in upstate New York each appears in this report only because it was recorded in a county deed record. That long tail of smaller hotel trades, below the deal sheets, is what a property-by-property census is built to catch.

Where this sits in the U.S. hotel map

The month's trades are a live slice of a bigger picture: the HotelHinge census tracks 45,438 U.S. hotels across 51 markets, each with public-record ownership, sales, and financing attached to the property. This report is the free, monthly read on what is moving; the full property-level database is a login away.