IRHM, Your Global Window into Real Estate and Hospitality

May 19, 2026

Investment

Marriott International has launched its City Express brand in the Asia Pacific region with the opening of two hotels in Osaka, Japan. The City Express by Marriott Shin-Imamiya and City Express by Marriott Osaka Namba South offer 243 rooms combined. These properties aim to provide affordable, high-quality stays for travelers. Located near major transport hubs, they offer easy access to Osaka’s famous shopping and dining districts.
ASMO, a joint venture between Aramco and DHL, has broken ground on a massive 1.4 million square metre logistics hub at King Salman Energy Park. Developed in partnership with Arcapita, the facility aims to strengthen Saudi Arabia’s industrial supply chain. The site will feature smart technology and sustainable design, supporting the Kingdom's goal of becoming a premier regional trade gateway by 2030.
Hyatt Hotels Corporation has signed a major master franchise agreement with Dossen Group to launch the Hyatt Select brand in the Chinese mainland. This strategic partnership focuses on the upper-midscale sector, combining Hyatt’s international reputation with Dossen’s extensive local network. The move aims to meet rising demand for affordable quality among modern travellers while providing flexible, high-value development opportunities for hotel owners across the region.
K Developments has launched Palencia Plaza in Al Shorouk City with an EGP 1.5 billion investment. The mixed-use project offers commercial, medical, and administrative units in a prime location opposite Carrefour. Designed by YBA, the development features modern facilities and flexible payment plans to meet growing demand in Egypt’s new cities.
Tokenopoly has launched a new OpenClaw skill allowing AI agents to trade property-linked tokens autonomously. Unveiled at Consensus 2026, the tool enables digital brokers to scan markets and execute trades without human help. This integration of DeFi and real estate allows for 24/7 data-driven investment through blockchain-based fractional ownership.
Construction has officially commenced on the EcoSapa Eco-Resort Township at the Ô Quy Hồ Tea hill in Lào Cai Province. The project is a joint venture between Ecopark Hải Dương Investment JSC and Hồng Phong Investment and Development Co., Ltd. Designed by enCity, the development aims to integrate tourism, tea culture and luxury resort living into the natural mountain landscape of northern Vietnam.

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