Japan Posts Record Arrivals as China Traffic Falls
Japan reported the highest monthly total of international visitors ever, despite an informal boycott by China. Plus, hotel deal and development news.
The Unlimited Collection
India to Add 70,000 Hotel Rooms by 2030
India is booming. Plus, IHG is expanding Kimpton in APAC. And more hotel deal and development news.
Mandarin Oriental Set to Go Fully Private
Mandarin Oriental Hotel Group is set to go private as the controlling shareholder, Jardine Matheson, is in the process of acquiring the remaining 11.96%. Plus more hotel deal news.
Hyatt Regency Orlando Could be Sold for $1 Billion
Hyatt is set to sell the Hyatt Regency Orlando for approximately $1.02 billion to Ares and RIDA Development, with Hyatt retaining a preferred equity interest and a 30-year management agreement.