Bain Capital and Omnam Group have announced the sale of The Lake Como EDITION hotel to Sansiri Capital, the hospitality trophy asset fund of Sansiri Public Company Limited, a leading Thai real estate developer. The transaction, expected to close in the coming weeks, marks the culmination of a joint venture that transformed a historic Lake Como property into a five-star luxury destination. Financial terms were not disclosed.
The property, located on the shores of Cadenabbia opposite Bellagio, was acquired in late 2021 and underwent extensive redevelopment starting in April 2022. It opened in March 2026 as part of Marriott International's EDITION Hotels portfolio, featuring 148 larger rooms and suites, a new spa and wellness building, and enhanced dining and leisure amenities, including a floating pool and beach club.
Ali Haroon, Partner and Head of Europe Real Estate at Bain Capital, highlighted the strategic approach: "Lake Como is a strong example of how we approach real estate investing in Europe. We focus on sectors supported by long-term structural demand and opportunities where our capital, local relationships and hands-on capabilities can fundamentally transform an asset." He noted that the underinvested property in an irreplaceable location was turned into a contemporary luxury destination for the international market.
David Zisser, CEO and Founder of Omnam Group, expressed pride in the achievement: "The Lake Como EDITION has been an ambitious undertaking from the outset. Our vision was to take a remarkable historic property in one of the world's most iconic destinations and give it new relevance through architecture, design and hospitality, while remaining deeply connected to the character of Lake Como." He emphasized that the transaction is a significant milestone for Omnam and demonstrates the strength of their development approach.
For Sansiri, this acquisition represents a strategic expansion into Europe's luxury hospitality sector through the Sansiri Capital fund. Napat Thavisin, President of International Operations at Sansiri and Managing Director of Sansiri Capital, stated: "The acquisition of The Lake Como EDITION marks a significant milestone in advancing Sansiri's New S-Curve strategy. It strengthens our financial resilience and diversifies risk across our global hospitality portfolio." He added that the company remains focused on ultra-luxury trophy assets in gateway cities and high-demand leisure destinations.
The sale reflects growing international investor interest in distinctive, experience-led European hospitality assets. For Bain Capital and Omnam Group, the transaction showcases the value created by combining real estate investment, development expertise, and leading hospitality partners to reposition complex assets. The redevelopment reduced the former hotel's room count from nearly 300 to 148, allowing for larger accommodations and expanded amenities.
This deal also marks the latest chapter in Omnam Group's expanding European presence, with projects underway in Florence, Venice, Puglia, and Sicily. For Sansiri, it adds a premier asset to its portfolio, which already includes The Manner SoHo in New York and the growth of Standard International prior to its acquisition by Hyatt Hotels Corporation. The hotel will continue to be operated by Marriott International under the EDITION brand.
The transaction underscores the appeal of Lake Como as a destination with strong international demand and limited five-star supply, offering significant barriers to new lakeside development. By acquiring the property with vacant possession, the partners were able to undertake a comprehensive repositioning rather than an incremental refurbishment, setting a precedent for future luxury hospitality investments in the region.
