IRHM, Your Global Window into Real Estate and Hospitality

August 17, 2026

Tourism

Minor Hotels has announced plans to launch Avani Kota Kinabalu in the first quarter of 2027. The 352-key property will mark the introduction of the Avani brand to the Malaysian state of Sabah. Developed as part of The Logg Luyang project by KTI Landmark, the hotel will act as the hospitality anchor for the mixed-use scheme.
Sun Group has officially broken ground on the Sun Galaxy Complex, a VND 10,750 billion entertainment hub in Da Nang. Situated along the Han River in Ngu Hanh Son ward, the development features an outdoor venue with nearly 20,000 seats, alongside a 47-story tower offering hospitality and retail facilities. The project aims to establish a year-round destination for global events and enhance the local night-time economy.
Asset World Corporation has revealed plans for two major projects along the Chao Phraya River, featuring an eco-friendly cross-river cable car and the new MONA Bangkok art museum. Developed alongside Australia’s Museum of Old and New Art, MONA Bangkok will form an unconventional cultural destination at Asiatique The Riverfront. The multi-billion baht initiative aims to enhance the city's sustainable tourism and creative offerings.
SURJ Sports Investment, a company owned by Saudi Arabia’s Public Investment Fund, has launched a new joint venture called radia alongside Live Nation and Oak View Group. The initiative will manage, operate and commercialise multi-use sports and entertainment venues across the country. It aims to support Saudi Arabia’s growing sports sector, which is projected to exceed $22 billion in value by 2030.
Minor Hotels has launched reservations for Anantara Tented Camp Kafue River, its first tented safari property in Zambia. Situated in Kafue National Park, the eco-friendly 13-key resort features structures elevated on timber platforms to protect local wildlife corridors. The luxury development marks a major milestone in Anantara's 25th anniversary year and supports regional ecological restoration.
Philippine property giant Megaworld has raised P5.6 billion from block sales of MREIT shares to fund its township development pipeline. The capital will back the next generation of recurring income assets ahead of a major fifth asset infusion. This incoming "Wave 5" expansion will add 303,500 square meters of gross leasable area, diversifying the real estate investment trust beyond offices into retail and hotels.

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