The Unbound Collection by Hyatt

Virgin Hotels has sold its 250-room hotel in Chicago to a firm specializing in converting properties into timeshare investments. Plus more hotel deals and development news.

Asian hospitality updates: Macau hotel occupancy rises, new openings in China/Japan, casino developments across region.

Marriott, Hilton, Rosewood and other hotel groups announce property openings, renovations and investments worldwide.

Mint House’s acquisition of Locale brings its short-term rental portfolio to 13 markets across the U.S.

Japan’s booming tourism, driven by a weak yen and rising demand, has pushed hotel costs so high that even business travelers are priced out, prompting shifts to alternatives like Airbnb and further tax hikes in places like Kyoto.

Donald Trump’s real-estate company is exploring a deal exceeding $300 million to reacquire its former Washington, D.C. hotel—now a Waldorf Astoria—and potentially revert it to the Trump brand.

Thailand welcomed over 35 million tourists in 2024 with record-high occupancy rates, and aims for even more arrivals and revenue in 2025.

Marriott International has begun a company-wide restructuring with layoffs across its corporate business, confirmed after hints in previous conference calls.

Hilton plans to double its focused service presence in Asia Pacific by expanding its mid-market hotel portfolio to over 1,000 properties, with ongoing regionalized brand initiatives and franchising expansion in key markets.

Hyatt and China Resources Land have formed a joint venture to expand Hyatt’s hotel presence across Greater China, focusing on asset-light growth and developing several new and existing properties.