IRHM, Your Global Window into Real Estate and Hospitality

October 2, 2026

China

Hyatt Hotels Corporation has launched Hyatt Regency Jiaxing Nanhu along the shores of South Lake in Jiaxing, China. Featuring 201 guestrooms, extensive event facilities, and regional dining, the opening marks the brand's debut in the city. Paired with the recently opened Hyatt Place Jiaxing Nanhu, the dual-brand development expands Hyatt's presence in the Yangtze River Delta region.
Marriott International has partnered with Shanghai SIIC North Bund New Landmark Construction and Development Co., Ltd. to introduce the world's first urban Ritz-Carlton Reserve in Shanghai. Set to open in 2030 within a 480-metre high-rise in the North Bund district, the 110-room hotel will make Shanghai the only city to host all eight Marriott luxury brands.
The Snøhetta-designed Shanghai Grand Opera House will officially open on October 17, 2026. Currently entering its final development phase, the venue has scheduled 82 performances across 47 productions for its inaugural season, which runs until February 20, 2027. The project features three specialist auditoriums and an accessible public roofscape.
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.

Saudi Arabia's Minister of Municipalities and Housing, Majid bin Abdullah Al-Hogail, has secured housing projects worth over 1.9 billion riyals during an official visit to China. The trip featured the signing of six major agreements alongside the launch of the Saudi-Chinese Contractors Forum. These deals form part of a broader bilateral strategy to construct 100,000 homes in the Kingdom by 2030.
Hyatt Hotels Corporation has signed a major master franchise agreement with Dossen Group to launch the Hyatt Select brand in the Chinese mainland. This strategic partnership focuses on the upper-midscale sector, combining Hyatt’s international reputation with Dossen’s extensive local network. The move aims to meet rising demand for affordable quality among modern travellers while providing flexible, high-value development opportunities for hotel owners across the region.

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