Marriott International is set to transform Lima’s hospitality sector with two major luxury hotel conversions by 2028. The Ritz-Carlton will debut in Miraflores while a new JW Marriott will open in the San Isidro business district. These developments highlight Lima’s rising status as a premier global destination and reflect Marriott’s continued investment in high-end tourism across South America.
Construction has officially begun on the civil aviation component of Phan Thiet Airport, a project valued at over 3,900 billion VND. Led by Sun Group, the 4E-standard airport is expected to be completed within two years. Located in Mui Ne, the facility features a Champa-inspired terminal designed to handle two million passengers annually, marking a significant milestone for regional connectivity and tourism.
The St. Regis Budapest has officially opened within the historic Klotild Palace. This marks the luxury brand's first entry into the Hungarian market. Located near the Danube, the hotel restores a Belle Époque landmark to offer high-end accommodation and signature butler services. The development features over 100 guestrooms and suites alongside exclusive dining venues, further strengthening the presence of the St. Regis brand in Europe.
Bangkok is preparing to host the prestigious World Gourmet Festival once again at the Anantara Siam Bangkok Hotel. Running from 29 September to 4 October, the event features the theme “The World of Flavours.” This year introduces the inaugural Young Chef’s Award to highlight rising local talent. Attendees can expect exclusive dinners, masterclasses and collaborations featuring Michelin-starred chefs and international culinary icons in the heart of Thailand.
Chicago based firms Riverside Investment & Development and Singerman Real Estate have acquired the former Two Wells Fargo Center for $36.5 million. The developers plan to turn the 800,000 square foot office complex into a high-end mixed-use site featuring flats, a hotel and shops. Work on the Charlotte project is scheduled to begin in 2027 following the successful delivery of the firm’s first local luxury tower.
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