Goldman Sachs to Raise $500 Million for Japan Hotel Fund
Skift Take
Goldman Sachs launched a $500 million Japan-focused fund targeting hotels and other assets, with plans to close by the end of March. Plus, more hotel deal and development news.
Vietnam is expected to have a banner second year in a row for visitation. The number of visitors from China, Korea and the US are expected to create a record boost. For the New Year holiday alone, Vietnam welcomed about 3.5 million domestic and international visitors, giving them continued momentum going into 2026. Vietnam officials are projecting 25 million international visitors this year led by 3.5 million Chinese visitors arriving by air, followed by 3 million South Koreans.
Nikkei Asia reported that Hyatt Hotels is developing partnerships with Chinese state-owned companies to establish joint venture hotel brands, in a bid to increase its presence across Asia while limiting its financial exposure to the sluggish Chinese economy. The hotel chain currently operates 350 hotels across 19 Asian markets and currently plans to develop another 385 properties with the majority in greater China. Hyatt recently announced a master franchise agr
