IRHM, Your Global Window into Real Estate and Hospitality

July 4, 2026

Hospitality

Hilton is set to expand its luxury footprint in the Caribbean with the 2028 opening of AMARIS Grace Bay in Turks and Caicos. The project will operate under the LXR Hotels & Resorts brand and feature 170 guest rooms alongside high-end branded residences. This development is part of a broader push by Hilton to double its luxury presence in the region through its top-tier brands.
IHG Hotels & Resorts is set to debut its Kimpton brand in Morocco following a strategic agreement with Sirayane Hospitality. The 67-room Kimpton Marrakech will open in late 2026, offering a luxury lifestyle experience south of the city's historic centre. Featuring a rooftop restaurant and views of the Atlas Mountains, the project highlights the growing international demand for boutique hotels in North Africa.
Hilton and Higuerón Developments have announced the signing of the Waldorf Astoria Marbella, set to open in Spain’s Malaga Province in 2029. The resort will feature 120 guest rooms and 120 Waldorf Astoria branded residences, offering luxury accommodations with views of the Mediterranean. Amenities will include a 750 square metre spa, indoor and outdoor pools, a gym and multiple dining venues, including the brand’s iconic Peacock Alley.
Saudi Arabia Railways (SAR) and Dedicated Housing Company (DHC) have announced a new partnership to develop a hospitality-inspired residential community in Riyadh's Al Malaz district. The development will consist of over 450 serviced residential units and 1,600 beds across two plots totalling 13,000 square metres. The project is an example of Transit-Oriented Development (TOD), aimed at linking high-quality living with key transportation infrastructure to create more connected and sustainable urban areas.
Hang Lung Properties, in partnership with Shanghai Join Buy Group Co., Ltd., has secured the No. 1038 West Nanjing Road Commercial Project. The landmark redevelopment, formerly Westgate Mall, will operate under a 20-year lease. The site will be transformed into a dynamic mixed-use complex and will feature integrated retail, hospitality, and office spaces, supporting Shanghai’s urban renewal efforts and international consumption status.
Aleph Hospitality has been appointed to manage the first Tapestry Collection by Hilton hotel in Dammam, Saudi Arabia, a new 84-key property owned by AREA Investment and Real Estate scheduled to open in 2027. This venture strengthens Aleph’s relationship with Hilton, making this their third Tapestry Collection management contract.

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