Anantara Siam Bangkok Hotel has completed a comprehensive USD 50 million transformation to modernise the luxury property while preserving its rich Thai heritage. Originally opened in 1983, the landmark hotel renovated all 335 guestrooms, suites, and villas, upgraded event spaces, and expanded its wellness facilities. The project introduced new private pool suites and a refreshed Jim Thompson Explorer Suite.
Scandic Hotels has expanded its presence in Germany after partnering with real estate manager IREMIS to open a new site in Freiburg. IREMIS purchased the property from its previous owner, while Scandic signed a long-term lease. Set to open in autumn 2027 following extensive refurbishment work, the 219-room hotel will feature flexible meeting spaces, dining areas and wellness facilities situated directly opposite Freiburg's main railway station.
PASHA Real Estate Group and Marriott International have agreed to a multi-property deal to build three hospitality and residential sites in Azerbaijan and Georgia. The plans feature an 80-room Ritz-Carlton resort and 282 residences in Zagulba, a 238-unit residential tower extension in Baku, and a 152-room Le Méridien hotel in central Tbilisi.
Ennismore has partnered with Central Group Capital to introduce the luxury all-inclusive Rixos brand to Thailand. Following an extensive refurbishment, Rixos Water World Phuket will open in early 2028 along Mai Khao beach. The 600-room development features a landmark integrated waterpark, five dining venues, conference facilities and sports hubs, expanding Rixos’ presence across Asia alongside its upcoming resort in Phu Quoc, Vietnam.
Accor and Al Qimmah Hospitality have expanded their strategic agreement to build a joint portfolio exceeding 4,000 rooms in Saudi Arabia. The growth is marked by the signing of an 850-key Novotel property in Makkah, scheduled to open in 2030. The wider initiative spans five properties across Makkah, Madinah and Jeddah, supporting religious tourism infrastructure and domestic employment targets under Saudi Vision 2030.
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