Four Seasons expands in Japan: Four Seasons Hotels Inc. announced that it plans to open a new property in Okinawa, Japan, in 2014.
Galaxy Entertainment profit off 20%: In its first-half earnings report, Galaxy Entertainment Group saw its net profit decrease 20% year-on-year.
Read more at The Wall Street Journal
Interval, Club Tesoro join: Vacation services company Interval International and Club Tesoro Resorts signed an affiliation agreement on Tuesday.
Kerzner may sell Dubai Atlantis: The Wall Street Journal reported on Wednesday that Kerzner International Holdings is considering selling its 50% stake in Dubai’s Atlantis resort.
Read more at The Wall Street Journal
Ascott expands in China: CapitaLand subsidiary The Ascott Limited signed contracts to manage the 181-unit Ascott Financial City Chengdu and 187-room Somerset Wangjing Beijing serviced residence properties.
BHG acquires 5 hotels: Brazil Hospitality Group announced last week that it bought five hotels in Belem, Brazil.