IRHM, Your Global Window into Real Estate and Hospitality

May 21, 2026

Luxury

Modon Holding has partnered with Montage Hotels & Resorts to launch a luxury resort and residential development on Egypt's Mediterranean coast. The project will feature 200 rooms alongside 96 exclusive branded villas for purchase within the Wadi Yemm precinct. Serving as part of the USD 35 billion Ras El Hekma mega project, the development introduces high-end international hospitality to the region.
Marriott International is set to transform Lima’s hospitality sector with two major luxury hotel conversions by 2028. The Ritz-Carlton will debut in Miraflores while a new JW Marriott will open in the San Isidro business district. These developments highlight Lima’s rising status as a premier global destination and reflect Marriott’s continued investment in high-end tourism across South America.
The St. Regis Budapest has officially opened within the historic Klotild Palace. This marks the luxury brand's first entry into the Hungarian market. Located near the Danube, the hotel restores a Belle Époque landmark to offer high-end accommodation and signature butler services. The development features over 100 guestrooms and suites alongside exclusive dining venues, further strengthening the presence of the St. Regis brand in Europe.
Signature Global has teamed up with the Italian luxury brand Tonino Lamborghini to launch a high-end residential project in Gurugram. Located in Sector 71, the 12.40-acre development will feature 812 premium apartments. This partnership marks the Italian brand's official entry into India's housing market. The project aims to blend Italian design excellence with the rapidly growing demand for branded residences in India's leading real estate hubs.
Minor Hotels has confirmed the signing of two new Anantara properties in India, marking a major step in its regional growth. The expansion includes the brand’s first Indian resort in the Western Ghats and its debut urban hotel in Kolkata. These developments are part of a wider plan by the global group to reach a target of 50 properties across the country within the next decade.
Marriott International has signed a landmark agreement with KS Hotels to introduce The Luxury Collection to Cambodia and Laos. The deal involves rebranding two storied properties, La Résidence Angkor and La Résidence Phou Vao, marking Marriott’s first hotel in Laos. Both heritage sites will undergo thoughtful upgrades before reopening in 2026 and 2027 to offer elevated luxury in these major UNESCO World Heritage destinations.

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