Shanghai, London and Dubai among global leaders in new hotel room openings for 2026

Among the major hotel markets around the world, Shanghai, London and Dubai are projected to open the most hotel rooms in 2026, according to pipeline data from CoStar, a leading provider of online real estate marketplaces, information and analytics in the property markets.

Avi Brosh’s Palisociety is set to debut its first hotel in Beverly Hills this spring, The Hôtel Lili, a completely reimagined intimate hotel that combines European-inspired style and personality with the timeless charm of classic Los Angeles. The property was originally built in 1939 as a private residence and brings a uniquely boutique point of view to Beverly Hills’ hotel landscape with intimate interiors, richly crafted details and a convenient yet quiet setting steps from the internationally renowned city’s most storied streets.

1912 Hotels has taken over the operational management of Hotel Raphael in Vienna, strengthening the company’s presence in the DACH region and adding another strategically located city asset to its growing European portfolio. As part of the takeover, 1912 Hotels is currently reviewing the future positioning and potential repositioning of the property to ensure it is aligned with international operating standards and the long-term market dynamics of Vienna.

Kerten Hospitality, the global lifestyle hospitality group known for creating purpose-driven, community-centric destinations, has announced the signing of Casadora Resort by Cloud 7 Hotels, a new resort and branded residences project in El Jadida, initiated and developed by Groupe Ramos, the French real estate developer recognised for over half a century for its innovative developments and strong attachment to Moroccan culture and heritage.

Peachtree Group ("Peachtree"), a leading commercial real estate investment firm overseeing a diversified portfolio of more than $10 billion, ended the year ranked 14th out of nearly 70 sponsors that raised Delaware Statutory Trust (“DST”) equity in 2025, reflecting the rapid growth and scale of its DST platform just three years after inception.

Crowne Plaza Geelong has officially opened today, bringing a relaxed and stylish new hotel experience to one of Victoria’s most exciting coastal cities.