The Auction Approach: RI Marketplace Offers Benefits to Both Hotel Sellers and Buyers
Founded in 2017, RI Marketplace is an online commercial real estate auction platform that is seeing escalating transactions in the hotel space. LODGING met with Damien Smoter, managing director of RI Marketplace, at the 2026 Hunter Hotel Investment Conference, held March 16-18 at the Signia by Hilton Atlanta, to discuss how the platform works and the advantages of the auction process. Smoter’s primary message to hotel owners is that “an auction is not a last resort or a fire sale platform. It is actually a real tool that can not only help them get more […]
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