IRHM, Your Global Window into Real Estate and Hospitality

January 2, 2026

Hospitality

South Asia’s first luxury integrated resort, City of Dreams Sri Lanka, is set for its glittering grand opening on 2 August 2025, with Bollywood superstar Shah Rukh Khan confirmed as the special guest for an evening of celebration, luxury, and entertainment.
IHG Hotels & Resorts is preparing to introduce two new lifestyle-focused hotels in Jeddah’s King Abdullah Sports City, combining boutique luxury with wellness-driven hospitality.
1 Hotel Melbourne has officially opened its doors, marking the brand’s first property in Australia. Nestled along the Yarra River, the hotel blends nature-inspired design with Melbourne’s industrial heritage, featuring reclaimed materials, lush greenery, and a focus on wellness. The property includes the Bamford Wellness Spa, developed with Carole Bamford, offering natural treatments alongside an indoor pool and spa facilities.
The TRIBE Budapest Airport Hotel, developed by WING, has officially opened near Terminal 2 of Liszt Ferenc International Airport, offering 167 design-forward rooms, conference facilities, and a rooftop sky bar. The new four-star property is aimed at enhancing traveler experience and strengthening Budapest’s airport hospitality infrastructure, while also marking TRIBE’s second location in the Hungarian capital.
Koko Global Hospitality is taking a positive view of Thailand’s current tourism slowdown, and using this period to sharpen its operations and shift attention toward the domestic travel market. CEO Rei Matsuda spoke about the shifting trends and what it means for the hospitality group. Looking ahead, KGH’s current approach positions it well to handle the ongoing uncertainty in global travel.
Radisson Hotel Group has introduced its first two Verified Net Zero hotels in Manchester and Oslo, marking a major step in sustainable hospitality. Both properties operate on renewable energy and have achieved independent certification.

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