IRHM, Your Global Window into Real Estate and Hospitality

February 17, 2026

Tourism

The Ritz-Carlton Key Biscayne, Miami has reopened following a striking $100 million transformation led by Gencom and acclaimed design studios. The renewal introduces a modern coastal glamorous aesthetic across its seventeen-acre beachfront setting, revitalising all accommodations, public spaces, and amenities.
Aleph Hospitality has been appointed to manage the first Tapestry Collection by Hilton hotel in Dammam, Saudi Arabia, a new 84-key property owned by AREA Investment and Real Estate scheduled to open in 2027. This venture strengthens Aleph’s relationship with Hilton, making this their third Tapestry Collection management contract.
DarGlobal and Art District Real Estate Development have announced a major coastal project in Muscat, Oman, named MAD, the Marine, Art & Digital District. This extensive project, valued at OMR 1.6 billion (USD 4.2 billion), will transform over 1.5 million square metres of coastline over a 12-year development period. The MAD district is conceived as a multi-destination city that combines luxury residential communities, high-end hospitality, cultural venues, and advanced financial and digital industry parks.
Marriott International has made its debut in The Democratic Republic of the Congo with the simultaneous opening of Protea Hotel by Marriott Kinshasa and Four Points by Sheraton Kinshasa. The hotels, managed by SARV Management LLC, offer tailored experiences for business and leisure travellers, with the Protea Hotel featuring 88 rooms and the city’s first indoor pool, and the Four Points by Sheraton offering 134 rooms, a rooftop pool, and 230 square metres of meeting space.
IHG Hotels & Resorts has announced the signing of InterContinental Prague, bringing the iconic luxury brand back to the Czech capital. The 137-key property, set to open in the first half of 2029, is a partnership with Generali Real Estate and involves the extensive transformation of a historic building in Prague’s Old Town dating back to 1839. This key signing strengthens IHG’s luxury portfolio in Central and Eastern Europe.
Premium-casual Canadian restaurant chain Moxies is officially opening its first Washington D.C. location on December 9, at 1111 20th St. NW, near Dupont Circle. The new flagship venue, spanning over 8,000 square feet, will serve its signature menu of globally inspired dishes. The D.C. franchise is led by former Executive Chef Brandon Thordarson, who stated the Dupont Circle area is the "perfect place" for the brand's sophisticated and social atmosphere.

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