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Global Mutual Hotels Launches New Platform After Okami Acquisition
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💥 Global Mutual Hotels Launches New Platform After Okami Acquisition
Global Mutual Hotels has launched a new hotels platform following its recent acquisition of Okami Hospitality Partners. With assets under management at approximately €500 million, the group plans to invest across Europe and expand into the USA, Middle East, and Asia. The company will use both new investor capital and its hotel network to acquire and manage properties with strong asset potential. Read more.
🚀 Rockpoint & Newbond Acquire Westin Tampa Waterside
Rockpoint Group and Newbond Holdings have acquired the Westin Tampa Waterside, a waterfront hotel on Harbour Island in Tampa, Florida. The 309-room property is the only hotel in its location and sits within walking distance of key downtown attractions. The new owners plan renovations to guest rooms, the lobby, and meeting spaces to elevate the property. Read more.
⚠️ Washington, D.C. Hotels Face Decline in RevPAR in Q2
Hotels in Washington, D.C. saw a decline in revenue per available room (RevPAR) in Q2 2025. The dip reflects falling occupancy and softening demand, especially in business and group travel sectors. Experts point to economic headwinds and shifting travel patterns as key causes. Read more.
🌟 Hyatt’s Atona Fund Gets Final Close for Japanese Hot Spring Ryokans
Hyatt, together with partners Kiraku and Takenaka, has secured ¥22 billion (~US$149 million) in capital commitments for the Atona Impact Fund. This fund will be used to build and renovate luxury hot spring ryokan (onsen) properties across Japan under the Atona brand. Locations include spa towns and remote areas, aiming to tap into both local and international demand and support sustainable regional tourism. Read more.
✨ Preferred Hotels & Resorts Rolls Out “Live Like a Legend” Experience Collection
Preferred Hotels & Resorts has unveiled its 2025 Live Like a Legend collection offering six ultra-luxury travel packages. Experiences include private tours, bespoke Armani tailoring, VIP sports access, and curated stays—such as front-row seats at Milan Fashion Week paired with stays at Armani Hotel Milano. Each package seeks to provide deeply personal, once-in-a-lifetime moments rather than just amenities. Read more.
🌟 Caption by Hyatt Central Sydney Opens October 2025
Hyatt’s lifestyle brand Caption by Hyatt is launching its first Australian property in Sydney’s Haymarket, opening October 13, 2025. The 174-room hotel emphasizes community and local flavor: collaborations with local artists, sourcing amenities locally, and integrating public spaces like the “Talk Shop,” a café/bar/social hub that also hosts local activations and events. Read more.
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