Historic Nara Prison Converted into Luxury Hotel with Cell Rooms
The 118-year-old Nara Prison in Japan reopened in June 2026 as a luxury hotel preserving original architecture. Guests stay in former prison cells converted into upscale rooms.
Jinmao Group Resumes Independent Operation, Rebrands Former Hyatt Hotel
Jinmao Group ended its partnership with Hyatt Group in August 2026, rebranding Hyatt Regency Chongming Shanghai Jinmao to Shanghai Chongming Jinmao Yiyin Hotel. The group now independently operates its hotels using proprietary brands Jinmao Yiyin, Jinmao Joy, and Jinmao Pure.
Marriott Raises 2026 Full-Year Outlook on Hotel Demand
Marriott International raised its full-year financial outlook in August 2026. The increase was prompted by improved hotel demand and operational results.
Luxury Hotel Opens in Former 1908 Nara Prison in Japan
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 Group Resumes Independent Operation, Renames Chongming Hotel
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.
Hyatt Regency Savannah Hotel Ownership Transferred to Certares and Clearview
The ownership of the 351-room Hyatt Regency Savannah on Bay Street has transferred to Certares Real Estate Management and Clearview Hotel Capital LLC. The new owners plan guest room and guest-facing improvements in this rapidly growing hospitality market.
Xenia Hotels Q2 2026 Earnings Show RevPAR Growth and Asset Sale
Xenia Hotels & Resorts reported Q2 2026 earnings with same-property RevPAR rising 5.6% to $206.54, driven by increased room rates. The company sold Kimpton RiverPlace Hotel in Portland for $11 million and plans major renovations at Andaz Napa and Ritz-Carlton Denver.
Hyatt Regency Savannah Hotel Changes Ownership
The Hyatt Regency Savannah, a 351-room hotel on Bay Street, has new owners: Certares Real Estate Management and Clearview Hotel Capital LLC. The acquisition targets Savannah's fast-growing hospitality market, with planned renovations to guest rooms and public areas.
Hyatt Lowers 2026 Room Growth Forecast, Backs $500M Mid-Market Hotel Financing
Hyatt trimmed its 2026 net rooms growth forecast to about 6%, citing hotel opening delays. The company is accelerating expansion of Hyatt Studios with $500 million in new financing.
Hyatt Regency Savannah Ownership Transferred to Certares and Clearview
The 351-room Hyatt Regency Savannah on Bay Street has been acquired by Certares Real Estate Management and Clearview Hotel Capital LLC. The new ownership plans guest room and guest-facing improvements.
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FAA Issues Ground Stop at Chicago O’Hare and Midway on August 11 Amid Severe...
On August 11, the FAA issued ground stops at Chicago O'Hare and Midway airports due to severe storms with winds up to 100 mph. The ground stops caused significant flight delays and the evacuation of Midway's control tower.
Hundreds of Flights Delayed and Cancelled at ORD, JFK, and LGA on August 11...
Severe storms on August 11, 2026, led to over 120 canceled flights and 400 delays at Chicago O’Hare, and more than 100 cancellations at JFK and LaGuardia. Major U.S. airlines issued travel waivers and advised passengers to rebook online.