Simon, a real estate investment trust and S&P 100 company, has announced the acquisition of the retail centre component of Phillips Place in Charlotte, North Carolina. This transaction, announced on 18 November 2025, sees Simon take ownership of the open-air retail space in the SouthPark neighbourhood. The retail centre spans 134,000 square feet and is famous for its specialty shops and dining. Phillips Place is a wider mixed-use destination that already included a 180+ room hotel owned by Simon, along with a multi-family residential component.
Ciel Dubai Marina, the world’s tallest hotel, has officially opened as part of IHG’s Vignette Collection. The 377-metre landmark, developed by The First Group, features 82 floors and one of the world’s highest infinity pools. The hotel offers several destination dining venues, including the UK-born Asian restaurant Tattu, which culminates in the Sky Lounge & Terrace on Level 81. The property offers a spa, 24-hour gym, and a partnership with the International Centre for Culinary Arts (ICCA) to support culinary talent.
A major new Saudi-Swiss partnership has been launched in Riyadh to revolutionise hospitality and tourism education in the Kingdom. It is led by Tanmeya Capital, which manages the SAR600 million Tanmeya Hospitality & Tourism Fund. Tanmeya Capital is partnering with Sommet Education, the parent company of Les Roches, École Ducasse, and Glion Institute of Higher Education. The goal is to train Saudi and international talent to the highest global standards, meeting the growing demands of the national tourism sector.
Modern hospitality is moving beyond luxury to embrace culture, authenticity and a true sense of place. Travellers now seek experiences rooted in local identity, from architecture inspired by regional craft to culinary immersion such as olive harvests or sake brewing. Staff act as cultural ambassadors, while partnerships with artisans preserve heritage and support local communities. As wellness and travel intersect with tradition and craft, hospitality is shifting towards meaningful connection and belonging.
Ennismore has signed The Hoxton, Madrid, marking its first property in the Spanish capital and the brand’s second in Spain following Barcelona. Opening in 2026 on Plaza de Santa Ana, the hotel will feature 192 rooms, a rooftop bar, and Il Bambini Club, extending The Hoxton’s distinctive lifestyle offering across Europe as part of Ennismore’s growing pipeline.
Emirates has launched a USD 8 million Centre of Hospitality Excellence in Dubai to train its 25,000 cabin crew. The facility focuses on fine dining, premium guest engagement and luxury service standards.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
