IHG Hotels & Resorts has entered exclusive negotiations to add a flagship Osaka hotel with more than 1,000-rooms to its Vignette Collection brand for the first time in Japan.
IHG plans to enter into a long-term agreement with The Royal Hotel Ltd. and BentallGreenOak (BGO) to add the iconic RIHGA Royal Hotel Osaka to its system in 2023. It will then relaunch as RIHGA Royal Hotel Osaka – Vignette Collection in 2025, following an extensive refurbishment and repositioning of the asset.
Osaka has traditionally been the second top performing hotel market in Japan and, prior to COVID-19, Osaka’s luxury hotels historically demonstrated strong occupancy rates — in fact inbound stays surged more than three-fold between 2012 and 2017, faster than Tokyo. With inbound tourism demand surging once again, and with the city hosting Expo 2025, the outlook for business and leisure tourism in Osaka is extremely positive.
With more than 87 years of history and an enviable