On May 18th Niantic announced that the legendary bird Ho-Oh will be returning tomorrow, May 19th until June 7th. Niantic has also acknowledged that Shiny Ho-Oh will also be available during that time. Here's what we know so far:
- No announced move adjustments(like how they did with Lugia)
- Latias & Latios will remain available in their own regions until June 7th
- There may be new raid bosses as well, as they did with the Lugia event
- Typical update time is 1:00 PM PST, which is after Community Day hours. Niantic has not confirmed this will be when Ho-Oh arrives.
See below for the full announcement.
Trainers,
Get ready for a surprise: The Legendary Pokémon Ho-Oh will return to Raid Battles in Pokémon GO on May 19! A powerful Fire- and Flying-type Pokémon originally discovered in the Johto region, the Rainbow Pokémon Ho-Oh will appear in Gyms across the globe alongside Latias and Latios, which will remain in their designated regions. Plus, if you’re fortunate, you might be able to encounter a Shiny Ho-Oh after you win the battle! You can challenge Ho-Oh until June 7 and seize the opportunity to add this Legendary Pokémon to your Pokédex. So, gather your strongest party to take on Ho-Oh before it returns to the skies!
—The Pokémon GO team