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GIC Acquires 16 Marriott Hotels in Japan for $800 Million
Singapore’s GIC has acquired a portfolio of 16 Marriott-operated hotels in Japan for about $800 million. Marriott will continue managing the properties under the Four Points Flex by Sheraton brand after the deal closes in late September 2026.
Ryanair Cancels 1,000+ Flights Today Due to UK ATC Disruptions
Ryanair canceled over 1,000 flights today across UK airports due to air traffic control disruptions. Thousands of passengers experienced cancellations and travel disturbances.
Australian Businesses Face Staffing Challenges After Backpacker Visa Cap
The Australian government introduced a cap of 5,000 third-year working holiday visas, down from 31,000. Kimberley businesses warn this will worsen staffing shortages in remote areas.