Hotel openings, signings, transactions and investment across the region.
Hotels & Investment
French chain Accor plans four new Greek hotels next year, while China’s Fosun Tourism Group will launch three units including a Casa Cook on Samos.
Hotels & Investment
The US-based hotel group plans to add 11 properties this year, focusing on luxury brands and introducing the mid-scale Four Points Flex by Sheraton.
Hotels & Investment
A Saudi developer has established a $400 million investment fund dedicated to hotel developments in Medina, targeting the city's growing religious tourism demand.
Hotels & Investment
Dubai-based developer The First Group enters Egypt through a partnership with Pulse Developments, targeting more than 3,200 hotel units across three projects in Sharm El Sheikh.
Hotels & Investment
The deal signings include the debut of Residence Inn by Marriott and Le Méridien, expanding the company's portfolio to 47 properties in the country.
Hotels & Investment
Saudi Arabia's Royal Commission for AlUla launches procurement for public-private partnerships to develop hotels, infrastructure, and attractions in the heritage destination.
Hotels & Investment
The 110-room lifestyle hotel will be part of the Taksim 360 urban renewal development near Taksim Square, featuring three F&B outlets and meeting spaces.
Hotels & Investment
TUI Hotels & Resorts confirms plans for a new TUI Suneo property in Side, Antalya, alongside developments in Spain, Bulgaria, Vietnam, Cambodia, Malaysia and China.
Hotels & Investment
The hotel group recorded a sharp increase in room-night bookings in late June, driven by wholesale demand and intra-GCC travel, with Q3 ADR pacing 17.1% ahead of 2025.
Hotels & Investment
The agreement between ADD Properties and Hyatt Hotels Corporation targets new hotel rooms and branded residential units as part of a broader push to double Egypt's room count.
Hotels & Investment
Edilal and Melia Hotels International break ground on a 35-hectare resort near Tirana, expected to create 500 jobs.
Hotels & Investment
IHG Hotels & Resorts partners with Atis Yapi to bring the InterContinental brand to Bursa, Türkiye’s fourth-largest city, with a 231-room hotel opening in late 2024.