CapitaLand Ascott Trust (CLAS) has announced the divestment of three Osaka hotels, marking a major transaction in Japan's hotel market. The deal, which amounts to a striking JPY10.7 billion (approximately USD 99.8 million), involves the sale of Hotel WBF Honmachi, Hotel WBF Kitasemba East, and Hotel WBF Kitasemba West to an unrelated third party. This strategic divestment by CLAS is a reflection of the dynamic nature of the Osaka hotels market and indicates a reshuffling of assets within the industry.