M&G is investing £100 million to build a 351-room Hyatt Centric hotel at the Haymarket Estate in Edinburgh. The project completes a £350 million regeneration scheme transforming the western gateway of the city into a business and leisure destination. Funded through M&G's With-Profits Fund, the development is scheduled to open in 2028, creating up to 450 construction jobs and 110 permanent operational roles.
Hyatt Hotels Corporation has officially opened Grand Hyatt The Red Sea on Shura Island. The 430-room luxury resort marks the eighth Hyatt-branded property in Saudi Arabia and the second at The Red Sea destination. Featuring nine dining venues, five swimming pools and the island’s largest ballroom, the resort connects guests to the coastal landscape using sustainable architectural principles designed by Foster + Partners.
Raffles Hotels & Resorts has launched Raffles The Red Sea on Shura Island in Saudi Arabia. Designed around the island’s natural coastline, the resort features 168 rooms, suites and private villas, alongside five dining venues and bespoke cultural programming. Operating on 100% renewable energy, the destination offers guests direct access to water sports, golf, and regional marine conservation projects.
Foster + Partners has joined a UK-EU consortium that secured a £4 million research grant from the European Innovation Council Pathfinder funding programme. The three-year SWIFT-BUILD project focuses on autonomous robotic assembly for modular timber structures using top-down construction techniques. The initiative combines artificial intelligence, automated machinery and aerial drones to create flexible buildings designed for adaptation and eventual disassembly.
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.
