IRHM, Your Global Window into Real Estate and Hospitality

February 17, 2026

lifestyle

Sino Jet, Asia-Pacific's leading business aviation company, has announced a strategic partnership with Aranya's lifestyle hotel collective, “ATITHYA – The Art of Hospitality.” The alliance, unveiled in Hong Kong, is designed to create a seamless luxury travel continuum from air to ground for sophisticated travellers. This new integrated model sees Sino Jet become the exclusive charter aviation partner for the hotel collective. The collaboration merges Sino Jet’s global network with ATITHYA’s destination-focused properties.
Luxury real estate developer Sobha Realty has launched "The Mirage," adding 677 new apartments to its flagship Sobha Central master development on Sheikh Zayed Road. This expansion follows exceptional early sales at the site, which totalled AED 3.5 billion from over 1,500 units sold. The development attracts a highly international investor base, led by buyers from India (26%) and Europe (15%), highlighting the project’s global appeal and the strong demand for luxury residences in central Dubai
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.
Cross Hotels & Resorts is set to be acquired by Sono International Co. Ltd., a leading South Korean hospitality group. The move combines Cross’s lifestyle and luxury hotel expertise with Sono’s regional knowledge and operational strengths. With 28 properties across Thailand, Indonesia, Vietnam, and Japan, the partnership positions the brand for further expansion across Asia.
Meliá Hotels International has announced its debut in Bahrain, launching a luxury hotel and branded residences on Amwaj Island. Opening in 2027, the property will feature 256 units, including 150 hotel rooms and 106 branded residences. The development reflects Meliá’s growing Middle East footprint and commitment to hybrid hospitality-residential models, catering to the region’s demand for premium lifestyle and experiential travel.
Ennismore has signed The Hoxton, Madrid, marking its first property in the Spanish capital and the brand’s second in Spain following Barcelona. Opening in 2026 on Plaza de Santa Ana, the hotel will feature 192 rooms, a rooftop bar, and Il Bambini Club, extending The Hoxton’s distinctive lifestyle offering across Europe as part of Ennismore’s growing pipeline.

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