IRHM, Your Global Window into Real Estate and Hospitality

January 2, 2026

IHG Hotels & Resorts

IHG Hotels & Resorts has signed a management agreement with Lumbini Heritage Limited to develop Crowne Plaza Lumbini, scheduled to open in 2026. The 147-key hotel will strengthen IHG’s premium presence in Nepal, catering to spiritual and MICE travellers. Located near Lumbini’s pilgrimage site and Gautam Buddha Airport, the hotel aims to set a benchmark for world-class hospitality.
IHG Hotels & Resorts has announced the launch of Crowne Plaza Parramatta, a 217-room hotel set within a landmark mixed-use development opposite Parramatta Train Station. Opening in 2029, the hotel will include a rooftop infinity pool, flexible event spaces, and direct links to the city’s retail and transport hubs, marking a major milestone in Parramatta’s transformation into Sydney’s second CBD.
IHG Hotels & Resorts has launched InterContinental Residences Bangkok Asoke, its first standalone branded residences project in Bangkok. Scheduled for completion in 2029, the development will feature 88 luxury units and is a joint venture with CG Capital, marking a significant step in IHG’s expansion into the standalone branded residential market.
IHG Hotels & Resorts has opened the first Garner hotel in Türkiye with the launch of Garner Hotel Istanbul – Airport Arnavutköy. Located just 14 kilometres from Istanbul Airport, the 56-room property is designed to provide comfort, convenience, and value for both business and leisure travellers, marking a key milestone for IHG’s expanding Garner portfolio.
IHG Hotels & Resorts has announced the U.S. launch of Ruby Hotels, its 20th global brand, bringing its successful European “urban micro” concept to major city markets with a focus on stylish, compact design and efficient development opportunities.
Kimpton makes its long-awaited Middle East debut with the opening of Kimpton KAFD Riyadh, a 212-room luxury lifestyle property in the heart of the capital’s King Abdullah Financial District, blending contemporary elegance with the brand’s signature playful approach to hospitality.

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