Ledger record YTD26-011
March 17, 2026 · effective March 17, 2026
Snuneymuxw First Nation acquired full ownership of the Courtyard by Marriott Nanaimo.
The closed acquisition consolidated ownership of a major hospitality asset within Snuneymuxw's territory and complements the Nation's broader downtown development position.
Disclosed
No amount made public.
Where it stands
Acquisition announced as complete.
What would move it next
Operating results and integration into Snuneymuxw's downtown economic strategy.
The other view
The purchase consideration, debt, management agreement, and asset-level economics were not public.
Unresolved
- What capital structure and return thresholds apply?
- How is ownership separated from hotel management and brand obligations?
Primary sources
No independent verification is recorded for this entry. That is part of why it carries the confidence rating it does.