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Sanya Marina Hotel Sold at Base Price of 133 Million Yuan

On September 7, Sanya Marina Hotel was sold at a base price of 133 million yuan. The property has a building area of 11,422 sqm, is a first-line sea-view hotel with 101 rooms. It failed to sell at first auction for 166 million yuan and again at a reduced price in the second auction. This time it was sold at 80% of the first auction price (appraised at 237 million yuan) to a local Sanya trading company.

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Impact and considerations

Hotel asset transaction reflects market value, potentially influencing business travelers' expectations of Sanya's hotel market.

Key points

  • Sanya Marina Hotel sold at base price of 133 million yuan.
  • Building area of 11,422 sqm with 101 rooms.
  • Appraised at 237 million yuan, sold at 80% of first auction price.
  • Purchased by a local Sanya trading company.

Sources and time

Primary source
执惠
Other sources
0
First source publication
9 Sept 2026, 08:00
Page published
10 Sept 2026, 00:02
Last updated
9 Sept 2026, 08:00
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