RI Marketplace Reports 40% Increase in Hotel Transactions, Expects to Reach $1 Billion in Asset Sales in 2026
📈 RI Marketplace was founded in 2017 as an online commercial real estate auction platform, notably growing 40% in hospitality transactions from 2024 to 2025. At the 2026 Hunter Hotel Investment Conference in Atlanta, Damien Smoter highlighted their distinct marketing and underwriting strategies. In 2025, RI Marketplace sold 48 hotels worth over $250 million, with an average of 15 bidders per hotel. They aim for $1 billion in asset sales this year, already reaching over $400 million.
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