Key Takeaways
- • Bain Capital and Omnam Group have sold the 148-room Lake Como EDITION hotel in Cadenabbia, Italy, to Sansiri Capital, the hospitality trophy-asset fund of Thailand's Sansiri Public Company Limited, according to a joint announcement dated 6 September 2026.
- • Financial terms were not disclosed in the announcement, though a separate report cited a property valuation of more than €200 million (8 billion baht) and Bangkok Bank financing of €165 million for the acquisition.
- • The transaction is expected to close within several weeks, subject to customary closing conditions and third-party approvals.
- • The sale completes a full-cycle investment: the palazzo was acquired in late 2021, redeveloped from April 2022, and reopened in March 2026 as a Marriott EDITION hotel, with room count reduced from nearly 300 to 148.
- • Marriott International will continue to operate the hotel under Sansiri Capital ownership, giving the buyer an operating luxury asset rather than a development project.
Summary
Bain Capital and Omnam Group have agreed to sell The Lake Como EDITION to Sansiri Capital, the hospitality trophy-asset investment arm of Sansiri Public Company Limited, a Thai real estate developer with more than 40 years of operating history. According to the joint announcement dated 6 September 2026, completion is expected within several weeks and remains subject to customary closing conditions and required third-party approvals. Financial terms were not disclosed by the partners. Separate reports cited a property valuation above €200 million (8 billion baht), and Sansiri's Supanut (Nick) Sinborisut stated that the buyer had secured €165 million of financing from Bangkok Bank for the acquisition.
Bain Capital and Omnam acquired the 19th-century palazzo in late 2021, with the acquisition made through a fund managed by Kryalos SGR according to one report. Redevelopment began in April 2022 and substantially reconfigured the property, reducing the former hotel's room count from nearly 300 to 148 larger rooms and suites. The project added a spa and wellness building, expanded food and beverage and leisure offerings, and incorporated the property's floating pool and beach club. The hotel opened in March 2026 as part of Marriott International's EDITION Hotels portfolio, with Marriott continuing to operate the property.
Bain Capital's Ali Haroon, Partner and Head of Europe Real Estate, described the asset as a model for the firm's European strategy focused on sectors with long-term structural demand. Rafael Coste Campos, a Partner on the Europe Real Estate team, said the partners acquired the property at the height of Covid-related uncertainty and executed a full-cycle investment, describing the sale as a record for the brand. Omnam Group CEO and founder David Zisser said the project delivered on its original vision of giving a historic property new relevance through architecture, design and hospitality.
Napat Thavisin, President of International Operations at Sansiri and Managing Director of Sansiri Capital, said the acquisition advances Sansiri's New S-Curve strategy, diversifies risk across its global hospitality portfolio and adds exposure to major global currencies. Sansiri plans to pursue further trophy-asset investments in gateway cities and leisure destinations. The sale reflects continued international investor interest in experience-led European hospitality assets, and Omnam continues to pursue projects in Florence, Venice, Puglia and Sicily.
Bain Capital and Omnam acquired the 19th-century palazzo in late 2021, with the acquisition made through a fund managed by Kryalos SGR according to one report. Redevelopment began in April 2022 and substantially reconfigured the property, reducing the former hotel's room count from nearly 300 to 148 larger rooms and suites. The project added a spa and wellness building, expanded food and beverage and leisure offerings, and incorporated the property's floating pool and beach club. The hotel opened in March 2026 as part of Marriott International's EDITION Hotels portfolio, with Marriott continuing to operate the property.
Bain Capital's Ali Haroon, Partner and Head of Europe Real Estate, described the asset as a model for the firm's European strategy focused on sectors with long-term structural demand. Rafael Coste Campos, a Partner on the Europe Real Estate team, said the partners acquired the property at the height of Covid-related uncertainty and executed a full-cycle investment, describing the sale as a record for the brand. Omnam Group CEO and founder David Zisser said the project delivered on its original vision of giving a historic property new relevance through architecture, design and hospitality.
Napat Thavisin, President of International Operations at Sansiri and Managing Director of Sansiri Capital, said the acquisition advances Sansiri's New S-Curve strategy, diversifies risk across its global hospitality portfolio and adds exposure to major global currencies. Sansiri plans to pursue further trophy-asset investments in gateway cities and leisure destinations. The sale reflects continued international investor interest in experience-led European hospitality assets, and Omnam continues to pursue projects in Florence, Venice, Puglia and Sicily.
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