Colliers has been appointed to market The Westin Resort Guam on behalf of IGIS Asset Management.
The 21-floor, 424-room beachfront hotel is located along Tumon Bay and features two beachfront pools, a top-floor executive lounge, extensive meeting and banquet facilities, a newly renovated $1.6-million villa collection, six food and beverage outlets, a 5,000-square-foot Royal Ballroom and 10,000 square feet of event space. Additional resort amenities include a 24/7 Westin WORKOUT Fitness Studio, on-site activities, including snorkeling and kayaking, and cultural tours.
The marketing campaign is being led by a global team from Colliers, including Mark Bratton, Mike Perkins, Kei Sumiyoshi, Mark Owens, Karen Wales, Sungwook Cho, Harold Lee and Andrew Sohn.
“This premier investment opportunity is strategically positioned to capitalize on Guam’s strong tourism growth, with visitor arrivals projected to reach 900,000 by 2026-27,” said Bratton, SVP of Colliers. “With the master lease expiring in April 2026, investors have multiple options to unlock value, whether by renewing the Westin flag, rebranding or self-operating.”
The hotel last changed hands in 2016 when LeoPalace Guam Corp. sold it to Pioneer Holdings Corp. and Haevichi Hospitality Guam for $125 million. Pioneer Holdings is a real estate private equity fund managed by Seoul-based IGIS Asset Management. It went through a renovation and upgrade in 2024, mainly investment in the bungalows.
“Guam is uniquely positioned in the APAC region, with the combination of tourism vibrancy, military-driven demand, and U.S.-aligned stability — operating in a USD-denominated market with low sovereign risk — positioning this asset as an unparalleled investment in the Asia-Pacific hospitality landscape,” said Sumiyoshi, a senior director with Colliers.
According to Colliers, Guam has attracted significant investment alongside markets like Japan, Vietnam, and Indonesia, with over $12 billion in hotel investments recorded since 2023.
“Guam’s hotel market has seen impressive recovery since the pandemic, underscoring its resilience and potential for premium properties like The Westin Resort Guam. These trends, supported by enhanced airport infrastructure and strong demand from Asian markets, position The Westin to capitalize on rising rates and occupancy, ensuring attractive returns for investors in Guam’s recovering tourism economy,” said Owens, vice chair and Colliers U.S. hospitality group leader.
No base price for the asset was disclosed, but initial offers for the hotel are to be submitted to the attention of Mark Bratton in Colliers’ Hawaii office.
