Hyatt Hotels Corporation has officially opened Hyatt Place Jiaxing Nanhu, debuting the brand in the historic water town of Jiaxing, China. The new 241-room hotel expands Hyatt's presence in the Yangtze River Delta region, offering modern rooms, 24-hour dining and business amenities near South Lake.
Developer Sun Property has officially launched S-Light Tower, a new twin-tower apartment complex in South Da Nang. Located within the Sun NeO City urban area, the 22-storey waterfront development will deliver nearly 800 residential units. The project features a distinctive crane-inspired design and aims to capitalised on major regional transport upgrades and expanding local tourism demand.
Miraval Resorts and Spas has opened its first international location, Miraval The Red Sea, on Shura Island in Saudi Arabia. Announced on 9 June 2026, the 180-room adults-only wellness retreat blends the brand's mindfulness philosophy with local heritage. The eco-friendly resort features the largest spa on the island, plant-forward dining and specialised wellness programs powered completely by renewable energy.
Boutique property venture Art Deco Freak has launched a dual-market residential transformation model in Pittsburgh and Los Angeles. Founded by entrepreneur Lauren Papa, DC, the firm specialises in turning distressed architectural assets into high-end single-family homes. The strategy avoids standard renovation formulas, focusing instead on historical preservation, upcycled materials, sustainable infrastructure and asset-specific repositioning to deliver premium turnkey properties.
Wold Architects & Engineers has acquired Nashville-based architecture firm JJCA. The move strengthens both firms' ability to serve communities across the United States by combining Wold’s extensive engineering resources with JJCA’s deep expertise in healthcare and education design. Leadership from both companies will remain actively involved to ensure continuity for existing clients.
Frasers Hospitality has announced the soft opening of Capri by Fraser in George Town, Penang. Located at 31 Jalan Magazine near the UNESCO World Heritage Site, the 22-storey property marks the brand's debut in the region. The hotel features 248 rooms and residences, integrated heritage architecture and partnerships with local artists and food brands to establish a new social hub.