IRHM, Your Global Window into Real Estate and Hospitality

October 1, 2026

Latest Articles – Page 5 – IRHM

World Tourism Day 2026 examined how artificial intelligence can redesign travel. But as algorithms increasingly dictate where travellers go, a critical question emerges: who gets put on the map? From digital overtourism to background master planning, this feature explores how generative discovery engines and structured data determine which independent hotels, small businesses, and emerging cultural destinations get seen and which are left behind.
Japanese trading firm Mitsubishi Corporation has agreed to acquire an additional stake in Philippine conglomerate Ayala Corporation for approximately JPY 120 billion. The deal follows a share repurchase by Ayala through a tender offer, raising Mitsubishi’s voting interest to 20 per cent upon completion in FY2026. The expanded strategic alliance will target growth across financial services, telecommunications, retail, real estate and energy sectors in the Philippines.
DroneDeploy has announced the general availability of Ground Pro, an advanced 3D reality capture layer within its DroneDeploy Ground platform. Following Procore’s acquisition of DroneDeploy, the software enables field teams to turn mobile device and 360-camera captures into measurable 3D site records. Ground Pro introduces features including Interior Maps, Mobile 3D Scanning and 3D Measure & Navigation to improve jobsite documentation and workflow planning.
Boutique property Hive House has opened in Cary, North Carolina, marking Hyatt’s first branded hotel in the town. Owned and developed by locally based CMC Hotels, the 45-suite venue has joined the Unscripted by Hyatt brand portfolio. Designed as a fresh alternative to traditional extended-stay accommodations, the property features spacious suites, full kitchens, an on-site café showcasing North Carolina producers and pet-friendly options.
Vietnamese conglomerate Sun Group has secured strategic agreements with US firms Visa, Marriott International and Boeing during an official state visit to New York. The partnerships span digital payment integration, hotel expansion and aerospace development. The moves follow Vietnam’s Politburo Resolution No. 26-NQ/TW, which aims to position tourism as a primary economic driver and grow the sector to contribute 12 to 14 per cent of national GDP.
French luxury brand Bugatti has announced its first branded residential development in the United States, launching Bugatti Residences Miami. Situated along the Miami River in Brickell, the project is being developed alongside Prosper Group and Versluys Group. With architectural design by Brandon Haw Architecture and interiors by Yabu Pushelberg, the waterfront scheme is scheduled to go to market in 2027.

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