Both Toro River Lodge and Thitaka Lodge reflect Newmark’s philosophy of “Experience Authentic,” combining elegant accommodation with expert-guided safaris and a deep respect for Africa’s natural heritage.
The partnership leverages The Lux Collective’s extensive global expertise in luxury hospitality and residential development, combined with QUBE Development’s deep regional knowledge and commitment to quality.
InterContinental Hotels Group (IHG) plans to invest approximately US$165 million in seven hotels, Hilton is committing US$90 million across four properties, and Marriott will inject US$65 million into four hotels.
A potential IPO would mark a major milestone for Pret, offering the company access to new sources of capital to fuel further expansion, invest in technology, and enhance its sustainability initiatives.
Home2 Suites by Hilton Madinah KEC Islamic World District will offer 283 guest rooms, including 209 king studio suites and 74 one-bedroom suites, designed specifically for longer stays.
Industry observers note that the sale of these two high-profile properties could attract significant interest from both local and international investors, given their prime locations and established reputations.
Al Mahra Resort by The Crest Collection is set to open in early 2027 on Marjan Island, Ras Al Khaimah, representing the brand’s first resort and UAE debut. Additionally, The Crest Collection will enter Saudi Arabia with a landmark property in Riyadh scheduled for 2028.
FIVE Holdings has publicly acknowledged its interest in going public and has been actively exploring an IPO in Dubai, aiming to capitalize on strong investor appetite for hospitality and lifestyle brands.
By integrating Heaven Holdings into its portfolio, Hemingways Hospitality aims to leverage its expertise in luxury boutique hospitality to elevate service standards and guest experiences across the acquired properties.
One Ninety is a groundbreaking mixed-use destination master planned by the renowned U.S.-based firm Skidmore, Owings & Merrill (SOM) and spans over 344,315 square meters at the intersection of the Ring Road and 90th Street.