Market Chatter: IHG Lines Up 817-Room Osaka Hotel Complex Ahead of Casino Opening

MT Newswires Live08:30

IHG Hotels and Resorts plans to open a large hotel complex in Osaka in 2029, positioning itself to tap demand from high-end travelers and corporate visitors as the city prepares for a nearby casino resort, Nikkei reported Tuesday.

The project, located near Universal Studios Japan, will have 817 rooms, making it IHG's largest upcoming hotel project in Japan, the company said. It will be close to an integrated resort scheduled to open in 2030, which will feature a casino as well as conference and exhibition facilities, according to the report.

The project will span two buildings and bring together three brands. InterContinental will account for 244 rooms, Kimpton for 246 rooms, and Holiday Inn Resort for 327 rooms, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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