JLL brokers sale of the JW Marriott Mexico City

An affiliate of Walton Street Capital recently purchased the JW Marriott Mexico City. Photo credit: Marriott International

On behalf of Host Hotels & Resorts and Marriott International, JLL Hotels & Hospitality arranged the sale of the JW Marriott Mexico City, located in Mexico City’s Polanco district. An affiliate of Walton Street Capital purchased the hotel.

The hotel changed hands for $183 million, or $587,000 per key, James F. Risoleo, president, CEO and director of Host Hotels & Resorts said during the company's Q3 earnings call earlier this year. “We held a 52 percent interest in the hotel in a joint venture with Marriott International.”  

Managing director Gregory Rumpel and SVP Carolina Lacerda led the JLL team on the transaction.

Virtual Event

Hotel Optimization Part 3 | January 27, 2021

With 2020 behind us and widespread vaccine distribution on the horizon, the second half of the new year is looking up, but for Q1 (and most likely well into Q2) we’re very much still in the thick of what has undeniably been the lowest point of the pandemic. What can you be doing now to power through and set yourself up for a prosperous 2021 and beyond? Join us at Part 3 of Hotel Optimization – A Virtual Event on January 27 from 10am – 1:05pm ET for expert panels focused on getting you back to profitability.


“Mexico’s lodging market is increasingly more liquid and continues to attract institutional capital. The JW Marriott Mexico City exemplifies what investors want: a high-quality and strong-performing asset,” Lacerda said in a statement. “Demand continues to grow and the property’s location in Polanco, Mexico City’s premier commercial district, remains one of the most sought-after submarkets.”

The JW Marriott Mexico City consists of 312 guestrooms, including 44 suites. Amenities include more than 9,000 square feet of meeting space, three food-and-beverage outlets, an indoor and outdoor swimming pool and a health club. Marriott International will continue to manage the hotel on behalf of the new owner.