IRHM, Your Global Window into Real Estate and Hospitality

October 20, 2025

Global Headline

What’s New

Leadership

RangeWater Real Estate has appointed Wendy Tucker as Managing Director of Property Management, expanding its leadership team as it continues to grow across the Sun Belt and Mountain West. Tucker, a seasoned professional with more than 25 years in the multifamily housing industry, will oversee operations across Coastal Georgia, the Carolinas, and the Mid-Atlantic regions.
TPG Hotels & Resorts has appointed Patrick Short as its new President and Chief Operating Officer, returning to the company to lead operational strategy across its growing national portfolio. Short brings over 30 years of experience and a proven track record of expanding and managing hotel portfolios.
Rocco Forte Hotels has appointed new General Managers in Rome, Brussels, Florence, and Munich, while Managing Director Francesco Roccato prepares to lead the opening of The Carlton Milan this November.
Quantaco, a leading hospitality tech firm in Australia and New Zealand, has appointed Mark Brixton as CEO as founder Anthony Sullivan becomes Executive Chairman. The leadership shift marks a new phase of innovation, aiming to expand technology-driven solutions for pubs, clubs, and restaurants across the leisure sector.

Regional Focus

Dubai Electricity and Water Authority (DEWA) and the Consulate General of Canada in Dubai have discussed strengthening collaboration in clean energy and digital transformation. The meeting highlighted mutual opportunities in renewable energy, sustainability, and advanced technology, reinforcing the deepening UAE–Canada partnership in innovation and climate action.
Yango Group has signed a Memorandum of Understanding with Etihad Rail to connect ride-hailing services to the UAE’s national rail network, paving the way for more seamless travel ahead of the passenger service launch in 2026.
Abu Dhabi has launched the Orchid Overnight Superyacht, the UAE’s first permanent floating hotel at Yas Marina. The vessel offers 31 rooms, dining, concierge services, and from October 2025, sundowner and dinner cruises along the Abu Dhabi coastline.
Al Huzaifa Properties has launched its debut AED450 million Soléva Beach Residences on Ras Al Khaimah’s Al Marjan Island, blending the brand’s five-decade design legacy with a luxury real estate offering.
Kyoto will introduce Japan’s highest hotel tax in March 2026, with luxury guests facing up to ¥10,000 (£49) per night to tackle overtourism pressures.
A consortium of Evia, Gamuda and Ho Lee has topped the tender for Yishun’s Chencharu Close site with a $1.01 billion bid, paving the way for a landmark mixed-use development.
IHG Hotels & Resorts is set to launch its Garner brand in Southeast Asia with the upcoming opening of Garner Hotel Pattaya Central, expanding its midscale footprint in Thailand.
Samty Holdings has sold two portfolios of newly built multi-family properties worth ¥49 billion to sovereign wealth funds, with the developer retaining asset management responsibilities following its privatisation by Hillhouse.
Hilton has signed an agreement to build Europe’s largest Hampton by Hilton and Manchester’s first Motto by Hilton. The two projects, set to open in 2026 and 2027, will bring over 500 new rooms to the city, strengthening Manchester’s position as one of the UK’s busiest hospitality markets.
Georgia has unveiled its “Feel the Rhythm” campaign, aiming to attract GCC travellers with luxury, affordability and seamless access. Offering 30–40% more value than many European destinations, the country highlights year-round experiences, from mountain escapes to vibrant coastlines and rich cultural traditions.
PATRIZIA and Fabrix have launched a £100m joint venture to address London’s housing crisis, starting with a major scheme in Elephant & Castle that will deliver affordable homes, student accommodation and community spaces.
Aira has raised €150 million from existing investors to expand its clean energy-tech operations, aiming to replace millions of gas boilers across Europe with air source heat pumps and accelerate the continent’s shift away from fossil fuels.
Millat Group has joined the Executive Committee of the World Travel & Tourism Council (WTTC), becoming the first South African private equity firm to secure a seat on the Council’s top governing body.
Revitus REIT and LEVA Hotels have signed an agreement to redevelop Harare’s Chester House into EKONO by LEVA, a 117-room upscale hotel marking LEVA’s Southern Africa debut.
Cape Town fintech TurnStay has raised $1.9m to expand its cross-border payments platform for African travel businesses. Using stablecoin settlement, the service cuts transaction costs by up to 70% and helps operators secure more direct international bookings.
IHG Hotels & Resorts has announced the U.S. launch of Ruby Hotels, its 20th global brand, bringing its successful European “urban micro” concept to major city markets with a focus on stylish, compact design and efficient development opportunities.
Suffolk has commenced work on Miami-Dade County’s new $210 million Integrated Command & Communications Centre in Florida, a state-of-the-art emergency hub set to enhance regional safety and resilience.
The White House has issued a new executive order directing that major federal buildings adopt classical and traditional designs, explicitly ruling out Brutalist and Deconstructivist styles while elevating historic architectural precedents.
Pacific Retail Capital Partners, Lyon Living and Silverpeak have acquired Lakewood Center and plan to redevelop the landmark property into a mixed-use hub featuring retail, residential, wellness and entertainment spaces.

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