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.
Hyatt delays some hotel openings, boosts mid-market development
Hyatt delayed hotel openings from late 2026 to 2027 and trimmed its 2026 net rooms growth forecast to about 6%. The company is accelerating mid-market development with new financing support.
Hyatt Lowers Room Growth Outlook Amid Delays in Middle East, Mexico
Hyatt lowered its room-growth outlook due to delays in hotel openings in the Middle East and Mexico. Ongoing challenges and market pressures in these regions have slowed Hyatt's expansion.
Leela Palaces Reports 28% Revenue Growth and 460% Profit Rise in Q1 FY27
Leela Palaces Hotels & Resorts Limited recorded a 28% rise in operating revenue and a 460% increase in profit in Q1 FY27. The brand ranked #2 globally by Travel + Leisure in 2026.
Hyatt Lowers 2026 Net Rooms Growth to 6% and Accelerates Mid-Tier Buildout
Hyatt lowered its net rooms growth forecast for 2026 to approximately 6% due to delayed hotel openings. The company is boosting development of its mid-tier Hyatt Studios brand with a $500 million credit facility.
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Kenya, Tanzania and Uganda Plan Single Tourist Visa for AFCON 2027
Kenya, Tanzania and Uganda are planning a single tourist visa for the 2027 Africa Cup of Nations to simplify travel for international fans. Tanzania has not previously joined the existing East Africa Tourist Visa shared by Kenya, Uganda and Rwanda.
Montenegro Ends Visa-Free Travel for Russia, China, Turkey from Nov 1, 2026
Montenegro will require visas from Russian, Chinese, Turkish, Belarusian, and Saudi nationals starting November 1, 2026. Exemptions apply for holders of valid Schengen or qualifying US, UK, or Irish visas.
Yanolja Group to Exhibit AI Concierge Solutions at ITB Asia 2026
Yanolja Group will exhibit AI-powered hotel technology and global lodging distribution at ITB Asia 2026 in Singapore from October 21-23. The company will showcase AI Concierge solutions and introduce its rebranded YGG platform to the Asia-Pacific travel market.