Hyatt, Kiraku, and Takenaka Announce 22 Billion Yen Final Close of Real Estate Fund for Luxury Onsen Ryokan Joint Venture Brand “Atona”

Hyatt Hotels Corporation (NYSE: H), Kiraku, Inc. (“Kiraku”). and Takenaka Corporation announced today the final close of Atona Impact Fund, a real estate fund dedicated to actively investing in development projects under the Atona brand, a modern luxury hot spring ryokan (Japanese-style inn) joint venture between a Hyatt affiliate and...

The Hidden Cost of Manual Accounting in Hospitality

Manual accounting may seem like a manageable process—especially for small hospitality operations—but the reality is far more costly than it appears on the surface. From labor-intensive data entry to delayed financial insights, manual systems create inefficiencies that ripple across the business. In today’s hospitality landscape, where margins are tight and...

PM Hotel Group Announces Debut of RESET Hotel in Joshua Tree

PM Hotel Group, an industry leader in hospitality management, announces the debut of RESET Hotel, a design-forward retreat situated just minutes from Joshua Tree National Park. As the first new-build hotel in the area in 15 years, and the newest addition to PM Hotel Group’s lifestyle and unconventional hospitality division...

Now Open: Hotel Indigo Melbourne Little Collins – the Neighbourhood Hotel in the Heart of Melbourne’s CBD Offers the Perfect Spot for Guests ‘to Find Their Curious’

On Thursday, 11 September, Melbourne will welcome the opening of Hotel Indigo Melbourne Little Collins. Part of IHG Hotels & Resorts’ first dual-branded property in Australia - developed over eight years alongside the new Holiday Inn Melbourne Bourke Street Mall - the 179-room boutique hotel introduces a vibrant new energy...