Development
Spain | Ayesa Engineering strengthens its hospitality position by managing several Holiday Inn Express projects
According to a statement issued on 3 September 2026, Ayesa Engineering is strengthening its position in the hospitality sector by taking on the management of several Holiday Inn Express projects in Spain on behalf of Tikehau Capital and Quest Capital. Construction of the first of these properties, a 244-room hotel, has now begun in Madrid. Opening is scheduled for the first quarter of 2028.
Development
Malaysia | Dusit International Opens Dusit Princess Ipoh, Its Third Property in the Country
Dusit International will open the Dusit Princess Ipoh on 1 October 2026, a 268-room property in the heart of the historic city of Ipoh, in the state of Perak. The Thai group's third Malaysian property is backed by a partnership with local developer Plenitude Berhad and aims to support the growing momentum of domestic tourism in the region.
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Development
Spain | Ayesa Engineering strengthens its hospitality position by managing several Holiday Inn Express projects
According to a statement issued on 3 September 2026, Ayesa Engineering is strengthening its position in the hospitality sector by taking on the management of several Holiday Inn Express projects in Spain on behalf of Tikehau Capital and Quest Capital. Construction of the first of these properties, a 244-room hotel, has now begun in Madrid. Opening is scheduled for the first quarter of 2028.
Development
Malaysia | Dusit International Opens Dusit Princess Ipoh, Its Third Property in the Country
Dusit International will open the Dusit Princess Ipoh on 1 October 2026, a 268-room property in the heart of the historic city of Ipoh, in the state of Perak. The Thai group's third Malaysian property is backed by a partnership with local developer Plenitude Berhad and aims to support the growing momentum of domestic tourism in the region.
Business
Saudi Arabia | KBLT Congress Opens Its 5th Edition in Riyadh, Driven by the Rise of the Affluent Saudi Traveller
The Kingdom Business & Luxury Travel (KBLT) Congress opened its doors on 6–7 September 2026 at the Mövenpick Hotel and Residences Riyadh, bringing together more than 100 pre-qualified Saudi buyers and leading global travel brands. The event comes as the Kingdom's outbound travel spend is set to exceed €26.4bn in 2026, driven by a luxury segment already valued at €11.6bn. For hoteliers and investors, the gathering is emerging as a strategic barometer of a market whose expectations are being fundamentally reshaped.
Personnel Moves
Sfax, Tunisia | Haider Mbarek Appointed General Manager of Aurora Tunisie
Haider Mbarek has taken over as General Manager of Aurora Tunisie, a hotel complex under development in Sfax. He brings more than twenty years of experience across Tunisia, Algeria, Libya and the Indian Ocean, with a particular specialism in property openings.





