IRHM, Your Global Window into Real Estate and Hospitality

January 2, 2026

Culture

Moxy Hotels has debuted in Nepal with the opening of Moxy Kathmandu in the city’s Durbarmarg district. The 101-room hotel is positioned as a lifestyle brand suited for a city that blends historical heritage with modern energy. The property is designed with flexible social spaces, including The Moxy Bar, which doubles as the check-in area and offers a complimentary cocktail to guests.
Romania has announced the Dracula Land project concept, a private investment exceeding €1 billion aimed at creating the largest entertainment, retail, and technology destination in Europe. The 160-hectare site, located near Bucharest and Otopeni Airport, is a collaboration between Romanian investors Dragoş Dobrescu and George Toader and international partners.
The Park Hyatt Tokyo, Asia’s first establishment under the brand, has completed a landmark 19-month, property-wide restoration. Announced on 9th of December by Hyatt Hotels Corporation, the project was led by Paris-based design studio Jouin Manku and marks the most extensive renewal in the iconic hotel’s 30-year history. The work spans 171 redesigned guestrooms and suites, restored public spaces, and elevated dining offerings including the new Girandole by Alain Ducasse.
Marriott International has made its debut in The Democratic Republic of the Congo with the simultaneous opening of Protea Hotel by Marriott Kinshasa and Four Points by Sheraton Kinshasa. The hotels, managed by SARV Management LLC, offer tailored experiences for business and leisure travellers, with the Protea Hotel featuring 88 rooms and the city’s first indoor pool, and the Four Points by Sheraton offering 134 rooms, a rooftop pool, and 230 square metres of meeting space.
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.

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