IRHM, Your Global Window into Real Estate and Hospitality

January 2, 2026

Hospitality

The Philippines has welcomed its first Autograph Collection property with the official debut of The Farm at San Benito in Batangas. This 52-hectare sanctuary represents a significant expansion for the Marriott Bonvoy portfolio into the regional wellness market. This partnership aims to combine local heritage with international hospitality standards for a global audience.
Hyatt Hotels Corporation has finalised the $2 billion sale of its Playa real estate portfolio to Tortuga Resorts. The deal includes 14 all-inclusive properties across Mexico and the Caribbean. This move allows Hyatt to transition to a fully asset-light model for these locations while retaining long-term management rights. The transaction includes potential earnouts and a preferred equity stake for Hyatt. Proceeds will be used to reduce debt following the original acquisition of the assets.
Hyatt Hotels Corporation has expanded its presence in Vietnam with the opening of Hyatt Regency Nha Trang. The new beachfront hotel features 434 guestrooms and suites designed to reflect the local maritime culture and fishing traditions. Situated on the prominent Tran Phu Street, the property offers easy access to the city’s historic district and transport links.
AC Hotels by Marriott has officially launched its first Philippine property in the heart of Manila's Ortigas Center. Located in the sustainable GLAS Tower, the 160-room hotel merges European design with Filipino culture. It features a range of amenities including a rooftop bar on the 61st floor, extensive meeting facilities and panoramic city views. The opening marks a significant expansion for Marriott Bonvoy in Southeast Asia.
Modon Holding has announced a significant entry into the US residential market by forming a joint venture to build Harborside 4 in Jersey City. The Abu Dhabi-based firm will take a majority stake in the 54-story luxury tower alongside US giants Related Companies and Panepinto Properties. This waterfront development is set to provide 800 new homes, split between rental units and luxury condominiums, by early 2029.
IHG Hotels & Resorts has introduced its Vignette Collection to Africa by welcoming the Fairview Hotel Nairobi into the brand's global portfolio. The 99-room heritage hotel, known for its lush gardens and early 20th-century architecture, is the first on the continent to join this luxury collection. The partnership allows the boutique property to retain its Kenyan character while utilizing IHG’s global scale and rewards programme.

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