Hotels & Investment
InterContinental Grand Ankara Opens in Türkiye's Capital After Redevelopment
The 342-room hotel, originally opened in 1966, has been rebranded under InterContinental and is now part of IHG's luxury portfolio.
Hotels & Investment
Hotel openings, signings, transactions and investment across the region.
Hotels & Investment
Hotels & Investment
Egypt Needs 250,000 More Hotel Rooms by 2030, Hospitality Leaders Urge Greater Financial Backing
Industry panel at Decision Makers Conference calls for stronger investment from banks and funds, public-private partnerships, and localised supply chains to meet tourism targets.
Hotels & Investment
Fodele Hills Gets Environmental Nod: €23.2M Crete Resort Moves Forward
The Decentralized Administration of Crete approved environmental terms for the 298-bed five-star Fodele Hills project, with completion extended to June 2027.
Hotels & Investment
Hilton signs deal for 184-room Thessaloniki hotel, opening in 2029
Hilton Hotels & Resorts property to span two buildings, including a heritage structure, under an agreement with developer DIMAND.
Hotels & Investment
Marriott Signs Nine Greek Hotels Adding Nearly 1,000 Rooms, Debuts Two Brands
Deal signings include Residence Inn by Marriott Athens and Le Méridien Sissi Crete, expanding the company's Greek portfolio to 47 properties.
Hotels & Investment
Blackstone Acquires Elounda Blu in Crete, Expanding Greek Hotel Portfolio to Six
US investment firm adds a sixth Greek hotel via Spanish subsidiary Hotel Investment Partners, with total portfolio investment exceeding €250 million.
Hotels & Investment
Fortuna of Cappadocia, Autograph Collection Opens in Uçhisar with 153 Keys
Marriott Bonvoy’s 300-plus independent hotel portfolio gains a 125-room-and-suite property plus 28 villas in central Türkiye’s heritage region.
Hotels & Investment
Cyprus Hotel Pipeline: 5,000 New Rooms Targeted by 2026 as Projects Advance
Around twenty new hotels were under development across Cyprus as of late 2025, with Nicosia and Larnaca leading construction activity, according to the Ministry of Tourism.
Hotels & Investment
Accor, Fosun to Open New Hotels in Greece in 2022 as Foreign Interest Grows
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
Marriott Targets 70 Hotels in Türkiye by End-2025, Eyes 100 Properties Long Term
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
Saudi Developer Launches $400M Fund for Hotel Projects in Medina
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
The First Group, Pulse Developments Launch Egypt Hospitality Platform with 3,200+ Units in Sharm El Sheikh
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.