National & International Policy

Asia Pacific Hospitality Newsletter - Week Ending 21 June 2024

Kasumigaseki Capital Acquires Hotel and Land in Japan for Future Hotel Development, Star Asia Group Acquires Japan-based Hotel Operator Minacia from Unison Capital, Malaysia Extends Visa-exemption for Chinese travelers until the End of 2026, Capital...

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National & International Policy

Asia Pacific Hospitality Newsletter - Week Ending 21 June 2024

Junk Fees: California Senate unanimously passes SB 1524. Restaurant exception to SB 478’s Honest Pricing Law goes to Governor.

On June 27, 2024, the California Senate unanimously approved SB 1524’s so-called “restaurant exception” from SB 478’s Honest Pricing Law. See, Junk Fee Law: Exception for California restaurants moves forward.

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Food & Beverage

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National & International Policy

Junk Fees: California Senate unanimously passes SB 1524. Restaurant exception to SB 478’s Honest Pricing Law goes to Governor.

U.S. Travel Association’s Commission on Seamless and Secure Travel Identifies Five Bold Steps to Boost National Travel Competitiveness and Benefit Visitors

The United States stands on the cusp of major, long-awaited innovations in travel security and facilitation—developments that will enhance the country’s ability to more aggressively compete for global travelers and reverse a lagging rate of recovery...

U.S. Travel Association (USTA)

U.S. Travel Association (USTA)

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National & International Policy

U.S. Travel Association’s Commission on Seamless and Secure Travel Identifies Five Bold Steps to Boost National Travel Competitiveness and Benefit Visitors

AB 537 requires transparent pricing for all short-term lodging Effective July 1, 2024

Assembly Bill 537 (AB 537) was signed into law by Governor Gavin Newsom on October 13, 2023. It becomes effective on July 1, 2024, and adds a new Section 17568.6 to the California Business and Professions Code applicable to all advertising for short...

JMBM Global Hospitality Group

JMBM Global Hospitality Group

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Short Term Rental (STR)

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National & International Policy

AB 537 requires transparent pricing for all short-term lodging Effective July 1, 2024

U.S. Travel’s Commission on Seamless & Secure Travel Visits London

Last week, the Commission on Seamless and Secure Travel and leaders from U.S. Travel headed to London for an international field visit.

U.S. Travel Association (USTA)

U.S. Travel Association (USTA)

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National & International Policy

U.S. Travel’s Commission on Seamless & Secure Travel Visits London

GBTA U.S. Legislative Summit Brings the Voices of Business Travel to Policymakers to Advance Industry Priorities

GBTA U.S. Legislative Summit Brings the Voices of Business Travel to Policymakers to Advance Industry Priorities

Members and constituents of the Global Business Travel Association (GBTA) converged last week in Washington D.C. for the GBTA U.S. Legislative Summit 2024 where over 100 participants met one-on-one with U.S. Senators, Representatives and their staff...

Global Business Travel Association (GBTA)

Global Business Travel Association (GBTA)

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Events & Conferences

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Business Travel

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National & International Policy

GBTA U.S. Legislative Summit Brings the Voices of Business Travel to Policymakers to Advance Industry Priorities

UN Tourism Welcomes 39 New Affiliate Members

Governments and National Tourism Administrations are increasingly partnering with UN Tourism to promote Affiliate Membership in their own countries to further invigorate their local tourism sectors and to have their leading entities connected within...

UN Tourism

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National & International Policy

UN Tourism Welcomes 39 New Affiliate Members

The House passes HR 6543 and enters the ring to regulate Junk Fees for hotels and short-term lodging

On June 11, 2024, the United States House of Representatives passed HR 6543, the so-called “No Hidden FEES Act of 2023” which introduces federal regulations aimed at enhancing transparency and fairness in the advertising of hotel room and short-term...

Mark Adams

Experienced trial lawyer and a member of JMBM’s Global Hospitality Group® and Chinese Investment Group™

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JMBM Global Hospitality Group

Asia Pacific Hospitality Newsletter - Week Ending 07 June 2024

Conrad Seoul Hotel Sold to ARA Asset Management Limited for USD 292 Million, AXA IM Alts Acquired Kyoto Hotel for JPY 6.8 Billion, Australia-based TPG Hotels Acquires Pacific Hotel Cairns in Cairns, Australia, Hanjin KAL Sells Hawaiian Waikiki Resor...

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Real Estate & Investment

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Partnerships, Mergers & Acquisitions

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Asset Management

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National & International Policy

Asia Pacific Hospitality Newsletter - Week Ending 07 June 2024

Türkiye’s Travel & Tourism Sector Reached Record-Breaking New Heights Last Year

The World Travel & Tourism Council (WTTC) 2024 Economic Impact Research (EIR) has revealed Türkiye’s Travel & Tourism sector broke all records last year, reaching new milestones across four key metrics.

World Travel & Tourism Council (WTTC)

World Travel & Tourism Council (WTTC)

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Markets & Performance

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National & International Policy

Türkiye’s Travel & Tourism Sector Reached Record-Breaking New Heights Last Year