IHG Hotels & Resorts is preparing to introduce two new lifestyle-focused hotels in Jeddah’s King Abdullah Sports City, combining boutique luxury with wellness-driven hospitality.
India has emerged as the most resilient real estate market in the Asia-Pacific region, driven by solid demand across office, retail, and industrial sectors, even as traditional hubs like Greater China and Australia face weaker sentiment, according to CBRE’s latest survey.
1 Hotel Melbourne has officially opened its doors, marking the brand’s first property in Australia. Nestled along the Yarra River, the hotel blends nature-inspired design with Melbourne’s industrial heritage, featuring reclaimed materials, lush greenery, and a focus on wellness. The property includes the Bamford Wellness Spa, developed with Carole Bamford, offering natural treatments alongside an indoor pool and spa facilities.
The TRIBE Budapest Airport Hotel, developed by WING, has officially opened near Terminal 2 of Liszt Ferenc International Airport, offering 167 design-forward rooms, conference facilities, and a rooftop sky bar. The new four-star property is aimed at enhancing traveler experience and strengthening Budapest’s airport hospitality infrastructure, while also marking TRIBE’s second location in the Hungarian capital.
Amsterdam-based hospitality tech startup Tebi has raised €30 million in new funding led by CapitalG, Alphabet’s independent growth fund. The investment comes just six months after Tebi’s €20 million Series A and will support the company’s global expansion, product development, and team growth. Tebi offers an all-in-one, mobile-first financial operating system for hospitality businesses, streamlining everything from point of sale and payments to reservations, inventory, and kitchen management. The company also announced its entry into the UK market, marking the next step in its international rollout.
Koko Global Hospitality is taking a positive view of Thailand’s current tourism slowdown, and using this period to sharpen its operations and shift attention toward the domestic travel market. CEO Rei Matsuda spoke about the shifting trends and what it means for the hospitality group. Looking ahead, KGH’s current approach positions it well to handle the ongoing uncertainty in global travel.
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