Coury Hospitality Assumes Management of Tacoma Marriott

The firm takes over the 304-room downtown hotel following a receivership process involving the previous owner.

Updated on Oct. 26, 2026 in Hospitality

Isometric editorial illustration depicting a clean architectural hotel building facade, representing a transition in hotel management and facility infrastructure. — Coury Hospitality has officially assumed management of the Tacoma Marriott following a transition from the property's previous owner, Yareton Hotel Investment Management. AI Illustration. Upload story photo >

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In October 2026, Coury Hospitality officially assumed management of the Tacoma Marriott located at 1538 Commerce St. The transition follows a receivership process for the property, which first opened in November 2020.

Why it matters

The change in management marks a new operational chapter for the downtown hotel as it transitions from the previous owner, Yareton Hotel Investment Management, to current owner ACORE Capital. This shift aims to revitalize the facility through planned infrastructure and service upgrades.

The Tacoma Marriott facility contains 304 rooms and currently supports approximately 125 full-time employees. Coury Hospitality, the new management firm, brings 40 years of industry experience to the site.

The players

Coury Hospitality

An experienced management firm that has operated in the hospitality industry for 40 years.

ACORE Capital

A real estate investment firm that currently serves as the owner of the Tacoma Marriott.

Yareton Hotel Investment Management

The former owner of the hotel that was involved in a recent receivership process.

The details

The new management team is prioritizing a comprehensive site refresh, including a restaurant renovation, a new coffee shop installation, and the activation of rooftop event space. Concepts for these improvement projects are expected to be finalized within the next 30 days.

The hotel originally opened for business in November 2020.
Management improvement concepts are expected to be finalized within the next 30 days.
Renovations for the restaurant and lounge are scheduled for completion by the end of Q1 2027.
A new restaurant concept launch is planned for the spring of 2027.

Market Landscape

This transition signals a shift in the local hospitality market, as the hotel moves under new management to address operational challenges following its 2020 opening. The change positions the property to compete more effectively through planned amenity upgrades.

Guests and local patrons can expect operational changes at the downtown hotel as the new management team implements restaurant and amenity upgrades through early 2027. These service improvements are intended to enhance the overall experience for hotel visitors and local event attendees.

The takeaway

Management transitions often serve as a catalyst for property-wide improvements that modernize guest amenities and services. Residents and travelers should look for upgraded dining and social spaces at the location by mid-2027.