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.
Rikaz, a leading Saudi real estate developer, has forged a strategic cooperation agreement with global design firm PLP Architecture to create the distinctive Rikaz Tower in Al Khobar. Announced at Cityscape 2025, the 63,780 square metre mixed-use development near the Corniche will feature two towers: one for private apartments and another for a luxury 150-room hotel and 80 branded hotel-serviced residential units. It is a key investment in the luxury hospitality and residential markets with an expected launch in 2026.
Hyatt Hotels Corporation has announced the opening of Secrets Mirabel Cancun Resort & Spa, the newest all-inclusive, adults-only property under the Secrets Resorts & Spas brand. Located in the heart of Cancun’s Hotel Zone, the resort is situated between the Caribbean Sea and the Nichupté Lagoon. The resort features 487 rooms and suites designed with a modern coastal theme, with an elevated Preferred Club offering exclusive amenities like a private Sky Bar and infinity pool
JW Marriott, part of Marriott Bonvoy’s portfolio, has announced a distinctive collaboration with Finnish design house Marimekko across Greater China as part of its "Stay in the Moment" campaign. The partnership integrates Marimekko’s joyful artistry with JW Marriott’s mindful luxury approach through a series of immersive guest experiences. These experiences include "Blissful Stay"-themed rooms and suites, pop-up installations, collaborative afternoon teas, and artisanal workshops across nine JW Marriott properties in cities including Shanghai and Hong Kong.
Simon, a real estate investment trust and S&P 100 company, has announced the acquisition of the retail centre component of Phillips Place in Charlotte, North Carolina. This transaction, announced on 18 November 2025, sees Simon take ownership of the open-air retail space in the SouthPark neighbourhood. The retail centre spans 134,000 square feet and is famous for its specialty shops and dining. Phillips Place is a wider mixed-use destination that already included a 180+ room hotel owned by Simon, along with a multi-family residential component.
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