IRHM, Your Global Window into Real Estate and Hospitality

February 17, 2026

Hospitality

EDITION Hotels has joined forces with Sotheby’s and DYNE jewellery designer Sarah Ysabel Narici to auction a unique luxury package, Verdant Reverie: The Gem of the Alps at The Lake Como EDITION. The lot will be part of Sotheby’s Luxury Week auctions, running from November 26 to December 11. Estimated at $15,000 - $25,000, the item combines a limited-edition necklace chosen by Sotheby’s Vice Chairman Frank Everett with a two-night stay in a Penthouse at the new Lake Como EDITION property.
Hyatt Hotels Corporation is planning a major expansion across Portugal and Cape Verde with four new hotel openings by 2027. The expansion includes two lifestyle brands in Lisbon: Andaz Lisbon and The Standard, Lisbon. The Hyatt Regency brand will add properties in Vilamoura Algarve, targeting sports tourism, and in Cape Verde, on the island of Sal. These planned openings reflect Hyatt’s strategy to meet increasing demand for high-quality accommodation in key global markets.
Pan Pacific Hotels Group has signed a management agreement for PARKROYAL Serviced Suites Manila Bay, marking another step in its long-stay expansion across Southeast Asia. The 169-suite project, located within a mixed-use development in Metro Manila, is expected to open in the first half of 2027 as demand for extended-stay accommodation continues to rise in the region.
The Social Hub has unveiled proposals for a £200 million hospitality and community complex in Edinburgh’s Fountainbridge, marking its second UK venture. The project would bring a 560-bed hybrid hotel, coworking areas, and public spaces to the long-derelict former Fountain Brewery site, aligning with wider regeneration plans for the neighbourhood.
OYO parent PRISM–backed OYO Assets has raised INR 125 crore in new investment led by InCred, strengthening its plans to acquire hotels across India’s premium and mid-premium segments. The funding will support expansion into key leisure and business destinations while reinforcing the company’s asset management strategy and ongoing hotel acquisition pipeline.
Brassbell Hospitality Group has launched Fanaya Hotel in Jeddah, its first property in Saudi Arabia and the foundation of a wider expansion strategy. The art-driven hotel features curated creative spaces, bespoke design collaborations, and 51 suites, reinforcing the Group’s commitment to culturally inspired hospitality as the Kingdom’s tourism sector continues to accelerate.

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