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Marriott Boosts 2026 Outlook on Robust Hotel Demand

Marriott Raises 2026 Full-Year Outlook on Hotel Demand

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Marriott International raised its full-year financial outlook in August 2026. The increase was prompted by improved hotel demand and operational results.
Japan Opens Luxury Hotel in Former 118-Year-Old Prison

Luxury Hotel Opens in Former 1908 Nara Prison in Japan

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The former Nara Prison, built in 1908 and designated a cultural property in 2017, reopened in June 2026 as a luxury hotel operated by Hoshino Resorts. The Hoshinoya Nara Prison Hotel features guest rooms converted from former cells, preserving original architectural details.
Jinmao Restarts Independent Hotel Operations in 2026

Jinmao Group Resumes Independent Operation, Renames Chongming Hotel

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Jinmao Group resumed independent operation of its hotel business on August 4, 2026, rebranding its Chongming property as Shanghai Chongming Jinmao Yiyin Hotel. The move marks a strategic shift toward operating self-owned hotel brands across China.