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Frasers Hospitality expands into historic Jiangnan with Fraser Residence Wuzhen

Frasers Hospitality, a business unit of Frasers Property,  announced the soft opening of Fraser Residence Wuzhen. Located in the heart of  the historic 1,300-year-old water town dating from the Tang Dynasty, the property marks  Frasers Hospitality’s first entry into one of China’s renowned cultural and tourism destination.  Anchored within the Yangtze River Delta, approximately 78 kilometres from Hangzhou and  125 kilometres from Shanghai, the opening further strengthens its presence in China, extending  its footprint beyond key urban centres into the country’s distinctive heritage destinations.

The Foley Collection Debuts with the Addition of New Brasada Ranch Acquisition

Foley Entertainment Group's hospitality division today unveils The Foley Collection, a new united portfolio identity that brings together its distinctive collection of luxury hotels, private homes, restaurants, wedding and event venues, and destination experiences. Marking the first major milestone under its new identity, the company also announced the acquisition of Brasada Ranch, the award-winning 1,800-acre luxury destination resort and residential community near Bend, Oregon.

Visa Destinations Could Rewrite Hotel Distribution, Direct Booking Rates Stuck Below 15% Because of Checkout Friction, Hotels Lose Value in Plain Sight

Thursday closed the week with a World Panel viewpoint asking whether Visa's new travel booking product signals a fundamental shift in hotel distribution, Namastay founder Frédéric Robles on why checkout friction, not pricing, keeps direct booking rates stuck below 15%, and HotelPORT on the hidden operational taxes quietly draining hotel value. Strong C-suite appointments, three new property openings from Charleston to Montana, and Langham's circular food waste program rounded out the session.