Trinity Investments

What Trinity Investments does

Trinity Investments is a private real estate investment firm specializing in the acquisition, repositioning, and operation of hotel and resort assets. Founded in 1996 in Honolulu, Hawaii, the firm has deployed more than $10 billion of capital across over 16,500 hotel keys, with assets under management exceeding $7.6 billion as of May 2026. Trinity covers the full investment lifecycle in-house, including sourcing, underwriting, development management, strategic operations, and fund/partnership accounting, with a leadership bench drawn heavily from Cornell University's hotel administration program and prior senior roles at Marriott, Hilton, Hyatt, Starwood, Ares, Apollo, and Oaktree.

The firm earns revenue through three primary streams: recurring asset management fees on investor capital, performance fees and carried interest on successful dispositions, and direct returns from co-investment alongside institutional partners. In April 2024, Partners Group acquired a minority equity stake with a $500 million commitment to fund platform expansion. Trinity serves institutional limited partners (pension funds, sovereign wealth funds, insurance companies), family offices, and ultra-high-net-worth individuals, and conducts business through closed-end private funds, co-investment vehicles, and joint ventures with strategic capital partners.

In 2025, Trinity extended its operating capabilities to third parties via two new service lines — Trinity Asset Management Services and Trinity Development Services — and in May 2026 announced a strategic distribution partnership with HotelPlanner to deploy AI-powered reservation agents across the portfolio. The firm is headquartered in Miami following a February 2026 relocation from Honolulu, with additional offices in Los Angeles, London, and Honolulu, and an investment footprint spanning the United States, Mexico, Europe, and Japan.

Name

Trinity Investments

Legal name

Trinity Investments

Website

https://trinityinvestments.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

Trinity Investments is a private hospitality-focused real estate investment firm that acquires, repositions, and operates hotel and resort assets, managing over $7.6 billion in AUM for institutional investors and family offices across North America and Europe.

Ownership category

akta.pro rank

Product category

Hospitality Real Estate Investment

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525), Portfolio Management and Investment Advice (52394)

SIC

Real Estate Dealers (For Their Own Account) (6532), Investment Advice (6282)

akta.pro primary industry

Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE)

akta.pro secondary industry

Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)

Keywords

• Hospitality real estate investment
• Hotel asset management
• Resort acquisition repositioning
• Private equity real estate
• Institutional hotel investing

Headquarters

HQ city

Honolulu

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Asset Management Fees: Trinity earns management fees from overseeing investment funds and assets on behalf of institutional investors, typically calculated as a percentage of assets under management.
2. Performance/ Carried Interest: The firm earns carried interest from successful asset dispositions and value creation, aligning investor returns with firm performance.
3. Real Estate Investment Returns: Returns from direct ownership interests in hotel and resort properties through joint ventures and fund structures.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Trinity Investments operates a private real estate investment platform focused on acquiring, repositioning, and operating high-quality hotel and resort assets on behalf of institutional investors. The firm manages $7.6 billion of assets across 16,500+ keys, spanning the full investment lifecycle including property acquisition, development management, strategic operations, and accounting. Trinity has also extended its operational expertise to third-party hotel owners and lenders through Trinity Asset Management Services and Trinity Development Services.

Product overview

Trinity Investments operates a private real estate investment platform with a primary focus on hotels and resorts. The firm offers a unified investment approach combining property acquisition, repositioning, development management, strategic operations, and accounting services. The platform is structured around Trinity's core hotel investment activities, supplemented by Trinity Asset Management Services and Trinity Development Services — two offerings that extend the firm's operational and development expertise to third-party hotel owners and lenders. Trinity's portfolio spans luxury, lifestyle, and resort properties across North America, Europe, and Mexico, with current assets including JW Marriott Marco Island Beach Resort, The Hoxton Poblenou Barcelona, Fairmont Olympic Hotel Seattle, The Standard London, Kimpton Miralina Resort & Villas, Park Hyatt Zurich, and Signia by Hilton Diplomat Beach Resort. The firm manages over $7.6 billion in assets under management as of May 2026.

Differentiator

Problem solved

Functional benefit

Products and services

• Hotel and Resort Investment Platform Trinity's core private real estate investment platform focused on acquiring, repositioning, and operating high-quality hotel and resort assets on behalf of institutional investors and family offices. The platform covers the full spectrum of property investment, development management, strategic operations, and accounting across U.S., European, Mexican, and Japanese markets, with $7.6 billion of AUM and 16,500+ keys invested.
• Trinity Asset Management Services Third-party asset management services offering hotel owners and lenders direct access to Trinity's operational expertise, value-add strategies, and asset management capabilities across hotel properties. Operates as a standalone service offering external to Trinity's investment funds.
• Trinity Development Services Third-party development services offering hotel owners and lenders access to Trinity's development capabilities for design, construction, and development activities across hotel properties. Launched alongside Trinity Asset Management Services in May 2025 to extend Trinity's expertise to external parties.

Quantifiable outcome

• $865 million sale price for JW Marriott Phoenix Desert Ridge (acquired for $602 million in 2019)
• +3 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered strategic and core.

• HotelPlannerstrategicTechnology or Integration · 18 May 2026Strategic distribution partnership announced May 18, 2026. Trinity's hotel and resort portfolio leverages HotelPlanner's AI-powered reservation agents, gig-economy reservations network (7,000 agents), and group sales technology to drive bookings and direct-to-consumer experiences.
• Marriott InternationalcoreStrategic or Co-development PartnerLong-standing operating partner across multiple properties including JW Marriott Marco Island Beach Resort, JW Marriott Phoenix Desert Ridge Resort & Spa (sold 2025), and Grande Lakes Orlando Resort. Marriott operates hotels under various brands within Trinity's portfolio.
• JLL (Jones Lang LaSalle)strategicImplementation/ SI/ Consulting PartnerJLL's Hotels & Hospitality Group serves as Trinity's primary capital markets advisor, arranging major financings including $600 million for Diplomat Beach Resort and $690 million for JW Marriott Marco Island, as well as the $835 million sale of JW Marriott Marco Island.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• KSL Capital Partners: KSL is a hospitality-focused private equity firm operating dedicated funds that acquire, recapitalize, and operate hotels and resorts — the closest functional peer to Trinity given its similarly narrow, hotel-only specialization and value-add playbook.
• Highgate: Highgate is one of the largest hospitality investment and management platforms in the U.S., combining third-party hotel management with principal investing in hotel real estate — directly comparable to Trinity's combined asset management, development and investment model.
• Park Hotels & Resorts: Park is the largest publicly traded lodging REIT focused entirely on hotels and resorts, including former Blackstone assets. It competes with Trinity for institutional hospitality capital pools and large luxury and upper-upscale acquisitions.
• Sunstone Hotel Investors: Sunstone is a publicly traded lodging REIT that acquires, owns and actively repositions upper-upscale and luxury hotels — a closely analogous value-add hotel investment strategy to Trinity's, with overlapping brand partners (e.g., Marriott).

Broad incumbents

• Starwood Capital Group: Starwood is a large, established alternative investment manager with deep hospitality exposure (including its Hotel & Resorts platform). Trinity competes for similar assets and capital partners but Starwood operates across broader real-asset categories.
• Host Hotels & Resorts: Host is the largest lodging REIT (S&P 500) with a diversified luxury/upscale hotel portfolio that overlaps significantly with Trinity's brand mix (Marriott, Hyatt, Hilton); a relevant public-market comparable for benchmarking returns.
• Brookfield Asset Management (Real Estate): Brookfield's real estate platform pursues large-scale hospitality acquisitions globally; Trinity is also partnered indirectly via Brookfield-related platforms (e.g., senior staff alumni).
• Blackstone Real Estate: Blackstone is the world's largest real estate PE investor (BREIT/BREP) with a hospitality sleeve that competes for the same trophy hotels Trinity targets; however Blackstone benefits from materially larger fund sizes and lower cost of capital.

Others

• JLL Hotels & Hospitality Group: JLL is Trinity's capital-markets advisor and broader hospitality transaction intermediary; included as an adjacent ecosystem participant that competes for advisory mandates and tracks the same institutional hospitality capital flows.

Emerging players

• JRK Property Holdings: JRK is a private hotel-specific investment firm focused on acquiring and repositioning luxury and upper-upscale hotels — directly comparable in deal size, asset class, and value-add strategy to Trinity's portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/trinityinvestments

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Trinity Investments