IRHM, Your Global Window into Real Estate and Hospitality

April 7, 2026

W Hotels has unveiled the fully transformed W Hoboken, redefining the luxury waterfront property as a cultural and social hub overlooking the Manhattan skyline. Drawing inspiration from Hoboken’s maritime heritage, the redesign showcases modern design, local influences, and W’s signature bold energy.
Banyan Group is celebrating its 100th resort milestone with the grand opening of Mandai Rainforest Resort by Banyan Tree and the launch of its first Rainforest Festival in Singapore. Running from 27 November to 3 December 2025, the festival will raise funds for the President’s Challenge, featuring a week of sustainable experiences, music, and community-led activities.
Red Sea Global (RSG) has secured SAR 6.5 billion ($1.73 billion) in green financing from a consortium of Saudi banks to accelerate the development of AMAALA, its flagship luxury wellness destination on the Red Sea coast. Led by Riyad Bank, the facility aligns with RSG’s Green Loan Framework and marks the company’s latest milestone in sustainable tourism investment.
Lukoil PJSC plans to sell its international assets amid US and UK sanctions targeting Russia’s largest oil producers. The process is being conducted under a wind-down licence from the US Treasury, with potential licence extensions considered to maintain operations abroad.
PRYPCO has launched PRYPCO One, Dubai’s first super app for real estate agents. With over 9,000 users, the platform integrates property listings, mortgage pre-qualification, mini-websites, and a gamified rewards system, offering agents smarter tools and faster transactions across the UAE.
IHG Hotels & Resorts has announced the launch of Crowne Plaza Parramatta, a 217-room hotel set within a landmark mixed-use development opposite Parramatta Train Station. Opening in 2029, the hotel will include a rooftop infinity pool, flexible event spaces, and direct links to the city’s retail and transport hubs, marking a major milestone in Parramatta’s transformation into Sydney’s second CBD.

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