IRHM, Your Global Window into Real Estate and Hospitality

April 3, 2026

Architecture

Global hospitality firm Banyan Group has announced its first US project with the launch of Banyan Tree Residences West Palm Beach. Developed alongside Mast Capital and Curated JCZM Development, the luxury tower features 88 homes designed by a collective of world-renowned architects and designers. The project marks a major milestone for the brand as it brings its signature wellness-focused residential model to the South Florida market.
The Queensland Performing Arts Centre (QPAC) has opened its 1,500-seat Glasshouse Theatre in Brisbane. Designed by Blight Rayner and Snøhetta, the venue features a unique rippling glass façade. This addition makes QPAC the largest integrated performing arts hub in Australia. The project incorporates First Nations narratives and advanced automation to support world-class productions. It is expected to attract 300,000 additional visitors to the region annually.
Marriott International has signed a landmark agreement with KS Hotels to introduce The Luxury Collection to Cambodia and Laos. The deal involves rebranding two storied properties, La Résidence Angkor and La Résidence Phou Vao, marking Marriott’s first hotel in Laos. Both heritage sites will undergo thoughtful upgrades before reopening in 2026 and 2027 to offer elevated luxury in these major UNESCO World Heritage destinations.
PS&S has expanded into North Carolina by acquiring Raleigh-based civil engineering firm Priest Craven & Associates. The deal establishes a regional hub in the Research Triangle, combining PS&S’s 64-year history with four decades of local expertise. This strategic move allows the firm to offer its specialised environmental and life sciences services to the growing residential and commercial sectors across the Raleigh-Durham market.
Minor Hotels has confirmed the signing of NH Collection Pemba Island Resort in Tanzania. This 145-key property is scheduled to open in February 2030 and marks the brand's first entry into the country. Developed alongside Infinity Developments, the resort aims to offer a refined escape while maintaining the island's low-impact tourism character. The project follows the partnership's previous ultra-luxury development, Anantara Zanzibar Resort & Residences.
UAE developer Arada has reached a significant construction milestone by appointing Engineering Contracting Co. (LLC) as the main contractor for the W Residences at Dubai Harbour. The AED1.55 billion agreement covers the delivery of all three luxury towers within the waterfront development. With preliminary works already in progress, the project is set to provide 490 branded homes alongside a suite of high-end amenities.

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