Romania has announced the Dracula Land project concept, a private investment exceeding €1 billion aimed at creating the largest entertainment, retail, and technology destination in Europe. The 160-hectare site, located near Bucharest and Otopeni Airport, is a collaboration between Romanian investors Dragoş Dobrescu and George Toader and international partners.
One United Properties (BVB: ONE) has signed a preliminary sale agreement for a 34,800 sqm plot of land in Constanţa, accelerating its strategic expansion outside Bucharest into Romania’s key regional cities. The land, located on the Black Sea coast in the Faleză Nord-Pescărie area, will be the site of a new mixed-use development with an estimated gross development value of approximately EUR 500 million.
The Ritz-Carlton Key Biscayne, Miami has reopened following a striking $100 million transformation led by Gencom and acclaimed design studios. The renewal introduces a modern coastal glamorous aesthetic across its seventeen-acre beachfront setting, revitalising all accommodations, public spaces, and amenities.
The Grand, York has completed a £2.8 million renovation to launch SubRosa, a state-of-the-art new spa located within the hotel’s historic vault. The spa offers a unique wellness concept blending global traditions, such as Moroccan-inspired marocMaroc rituals, with scientifically advanced products, notably becoming the first spa in the North of England to offer SeaBody’s marine bioactive treatments.
Marriott International has made its debut in The Democratic Republic of the Congo with the simultaneous opening of Protea Hotel by Marriott Kinshasa and Four Points by Sheraton Kinshasa. The hotels, managed by SARV Management LLC, offer tailored experiences for business and leisure travellers, with the Protea Hotel featuring 88 rooms and the city’s first indoor pool, and the Four Points by Sheraton offering 134 rooms, a rooftop pool, and 230 square metres of meeting space.
Aimbridge Hospitality has welcomed the voco Sandpiper All-Inclusive Resort to its rapidly growing All-Inclusive Division. The 335-key resort in Port St. Lucie, Florida, is the first US property in the division and is undergoing a $50 million renovation financed by owners Sandpiper Bay Resort Holdings, LLC. The property is transitioning to IHG's voco hotels brand. It will be a family-friendly, sports-focused all-inclusive destination, with the first phase of upgrades due in early 2026. The renovation includes refreshed rooms, over six new food and beverage concepts, and expanded sports and meeting facilities.
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