IRHM, Your Global Window into Real Estate and Hospitality

October 10, 2026

Leisure

SURJ Sports Investment, a company owned by Saudi Arabia’s Public Investment Fund, has launched a new joint venture called radia alongside Live Nation and Oak View Group. The initiative will manage, operate and commercialise multi-use sports and entertainment venues across the country. It aims to support Saudi Arabia’s growing sports sector, which is projected to exceed $22 billion in value by 2030.
Hilton has confirmed a three-year extension of its partnership with day-access platform ResortPass across the Americas. The collaboration responds to growing consumer demand for non-overnight wellness, fitness and resort experiences. The expansion includes the launch of a new poolside event series called Off Hours alongside curated daytime packages at major properties, including the Waldorf Astoria Beverly Hills and Hilton Orlando.
Aldar has announced Yas Point, a new six billion dirham waterfront development on the northern shore of Abu Dhabi's Yas Island. The massive mixed-use masterplan spans 600,000 square metres and will feature 1,600 residences, a five-star resort hotel and an international school. The project focuses heavily on walkability, incorporating three public parks and a 700-metre shoreline promenade alongside the first northern beach on the island.
Minor Hotels has launched reservations for Anantara Tented Camp Kafue River, its first tented safari property in Zambia. Situated in Kafue National Park, the eco-friendly 13-key resort features structures elevated on timber platforms to protect local wildlife corridors. The luxury development marks a major milestone in Anantara's 25th anniversary year and supports regional ecological restoration.
Manchester United has announced the location for its proposed 100,000-seater stadium, situated 350 metres from Old Trafford. The venue forms the centrepiece of the Trafford Wharfside masterplan, a 150-hectare regeneration project backed by Trafford Council and regional authorities. The project aims to create 48,000 jobs and 15,000 homes, delivering a projected £7.3 billion annual boost to the UK economy.
The Snøhetta-designed Shanghai Grand Opera House will officially open on October 17, 2026. Currently entering its final development phase, the venue has scheduled 82 performances across 47 productions for its inaugural season, which runs until February 20, 2027. The project features three specialist auditoriums and an accessible public roofscape.

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