News in brief: Four Seasons, Ascott, Galaxy

Four Seasons expands in Japan:  Four Seasons Hotels Inc. announced that it plans to open a new property in Okinawa, Japan, in 2014.

Read more at Businessweek


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.

Read more at MarketWatch


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.

Read more at Fox Business


BHG acquires 5 hotels:  Brazil Hospitality Group announced last week that it bought five hotels in Belem, Brazil.

Read more at MarketWatch