IRHM, Your Global Window into Real Estate and Hospitality

May 19, 2026

Hotels & Resorts

Accor has appointed hospitality veteran Ranju Alex as CEO for South Asia, tasking her with leading its expansion across India, Bangladesh, Pakistan and Sri Lanka as the group pursues a joint venture with InterGlobe Enterprises.
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.
Soho House will return to private ownership in a $2.7 billion deal led by MCR Hotels, offering shareholders $9 per share, nearly 18% above the last close. The agreement, which lifted shares more than 15%, will see Ashton Kutcher join the board and Neil Thomson step in as Chief Financial Officer as the club operator seeks stability after a turbulent public run.
Millennium Hotels and Resorts MEA, in collaboration with Taiba, has relaunched two distinguished Madinah properties, offering pilgrims and visitors enhanced hospitality just steps away from the Prophet’s Mosque.
Boschendal has become the first wine estate globally to earn Green Key certification for its accommodation, recognising its environmental stewardship, ethical practices, and community support. Initiatives include renewable energy use, biodiversity conservation, and regenerative agriculture, setting a benchmark for sustainable heritage tourism.
IHG Hotels & Resorts has reached a significant milestone in its global growth journey, announcing it now has over one million open rooms across its portfolio, with ongoing momentum supported by a robust development pipeline and the strength of its brand family in more than 100 countries.

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