A Hyatt affiliate has entered into a management agreement with an affiliate of A&B Group for a Hyatt Regency hotel in Nha Trang, Vietnam. Set to open in late 2019, the 434-room hotel will mark the first Hyatt Regency hotel in Nha Trang, a coastal resort city in southern Vietnam boasting scenic white sandy beaches and rich culinary offerings.

Leading Japanese hospitality company Fujita Kanko Inc. will open Origami Asakusa, a halal Japanese restaurant, on July 25th in Asakusa, one of the most popular tourist destinations in Tokyo.

sbe, the leading lifestyle hospitality company, signed an exclusive partnership with specialty retailer Abercrombie & Fitch. The partnership will bring a series of bespoke co-branded events and pop-up shops at selected properties.

Hyatt hotels around the world plan to eliminate single-use plastic straws and drink picks. After Sept. 1, 2018, straws and picks will be available on request only, and eco-friendly alternatives will be provided where available.

Timeshare properties in Hawaii averaged a 92.0 percent occupancy rate statewide for the first three months of 2018, according to the Hawaii Timeshare Quarterly Report. By comparison, hotel properties averaged an 82.9 percent occupancy rate for the same quarter.

Swiss-Belhotel International, which recently announced its new hotel plans for Africa, now announced its hotel plans for the Middle East.

Radisson Hotel Group welcomed its 4th property in the Netherlands: Park Inn by Radisson Amsterdam City West. The hotel’s 476 rooms and suites feature the world-renowned designer Karim Rashid’s signature color scheme; bold, sensuous and spacious, beautifully spilled over curved walls.

Palais Bad Ragaz is now a member of the Relais & Châteaux portfolio, the only part of Grand Resort Bad Ragaz to do so.

PwC’s eighth edition of the Hotels outlook: 2018-2022 presents Africa’s hotel sector with high potential for further growth over the next five years. An increase in the number of foreign and domestic travellers, as well as an expansion in a number of hotel chains on the continent reinforces the hotel sector’s untapped potential for business growth.

InterContinental Hotels Group (IHG) completed the acquisition of a 51% stake in Regent Hotels & Resorts (Regent). The 51% interest has been acquired for $39 million in cash, payable in three tranches of $13 million.