JLL’s Hotels & Hospitality Group has hired Louis Barruel as Senior Vice President in its Hotels’ Asset Management division. Mr. Barruel will work from the Montreal office, focusing on client service delivery and growing the firm's portfolio throughout Canada. Mr. Barruel reports to Executive Vice President Katie Krieger, who noted his comprehensive Canadian market knowledge and deep sector understanding make him an invaluable addition.
Dar Global, the London-listed luxury real estate developer, and The Trump Organization have announced a major joint venture for the Maldives. The partnership includes the debut of the Trump International Hotel Maldives and the launch of the world’s first tokenised hotel development tied to the project. Located 25 minutes from Malé, the hotel will feature 80 ultra-luxury beach and overwater villas and is expected to open by the end of 2028.
Ciel Dubai Marina, the world’s tallest hotel, has officially opened as part of IHG’s Vignette Collection. The 377-metre landmark, developed by The First Group, features 82 floors and one of the world’s highest infinity pools. The hotel offers several destination dining venues, including the UK-born Asian restaurant Tattu, which culminates in the Sky Lounge & Terrace on Level 81. The property offers a spa, 24-hour gym, and a partnership with the International Centre for Culinary Arts (ICCA) to support culinary talent.
IHG Hotels & Resorts has signed a dual management agreement with Mosa bin Abdul Aziz Al-Mosa and Sons Real Estate Holding Co. to launch two new hotels in Saudi Arabia. The hotels are the 232-key Crowne Plaza Al Khobar Al Bandariyah and the 106-key Holiday Inn Riyadh Rose Yard. The Crowne Plaza is expected to open in Q1 2027 near the Corniche, while the Holiday Inn, opening in late 2026, will feature the brand’s modern Open Lobby concept in Riyadh’s Al-Suwaidi district.
Red Sea Global’s ultra-luxury destination, AMAALA Triple Bay, is set to open in the coming months, marking a major milestone in Saudi Arabia’s Vision 2030. The developer, RSG, made the announcement at the inaugural TOURISE Summit, confirming the debut of six world-class luxury resorts and a range of exclusive facilities including a yacht club and a marine life institute. The total completed first phase will feature nine resorts and over 1,600 keys.
Hilton has announced the signing of the Waldorf Astoria Scarlet Bay in the Peloponnese, marking the iconic luxury brand’s first venture in Greece. The development signals a significant milestone in Hilton’s rapid expansion across Greece, a world-class destination where the company now manages over 60 hotels trading and in the pipeline.
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