TRYBE has announced a major partnership with the restaurant management platform TablePath to unify hotel and spa booking systems. This new integration allows guests to view live availability for dining, spa treatments and leisure activities through a single digital portal. By combining these services, hospitality businesses can offer a smoother booking journey for their customers.
Hilton has expanded its presence in the Middle East with the opening of three new hotels at the Barr Al Jissah waterfront in Oman. The development includes Al Husn Hotel Muscat, Hilton Muscat Al Bandar and DoubleTree by Hilton Muscat Al Waha. These properties are located between the Al Jissah cliffs and the Gulf of Oman, just 40 minutes away from Muscat International Airport.
MIDAR for Investment and Urban Development has signed a multi-billion pound agreement to establish the first social sports club in the third phase of Mostakbal City. Occupying 42 feddans, the EGP 3 billion project is being developed in collaboration with Alexandria Sporting Club’s investment arm. The facility will offer world-class sports courts, fitness centres and social areas, with the first phase set to open in early 2027.
Minto Apartment REIT has entered a definitive agreement to be acquired and taken private by Crestpoint Real Estate Investments and the Minto Group. The all-cash transaction is valued at $2.3 billion and offers unitholders $18.00 per unit. Minto will retain a significant stake and continue to manage the high-quality Canadian residential portfolio. The deal is expected to close in the latter half of 2026 following a unitholder vote in March.
Investment firms Gaw Capital Partners and GFH Partners have teamed up to create a dedicated industrial and logistics platform in the UAE. The majority-owned venture by Gaw Capital will target development projects in key industrial zones across Dubai, Abu Dhabi and Ras Al Khaimah. Manrre Developments is set to lead the project execution, drawing on over 40 years of local experience.
Hyatt Hotels Corporation has finalised the $2 billion sale of its Playa real estate portfolio to Tortuga Resorts. The deal includes 14 all-inclusive properties across Mexico and the Caribbean. This move allows Hyatt to transition to a fully asset-light model for these locations while retaining long-term management rights. The transaction includes potential earnouts and a preferred equity stake for Hyatt. Proceeds will be used to reduce debt following the original acquisition of the assets.
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