Hotel News

Egypt’s Talaat Moustafa Group plans to nearly double its hotel portfolio from 20 to between 35 and 40 properties within the next decade. The group posted $90 million in hotel revenue in Q1 2026, a 21% increase from the previous year.

Hilton opened its flagship Hilton Chania Old Town Resort & Spa in Crete near the historic Old Town. The property features 85 rooms, spa facilities, rooftop pools, and multiple dining venues.

Radisson Hotel Group signed and opened 160 hotels globally in the first half of 2026, adding over 22,000 keys. The expansion spans luxury, lifestyle, and resort segments across key regions including the Middle East, Africa, Europe, Asia Pacific, and India.

Hilton has launched its flagship Hilton Chania Old Town Resort & Spa in Crete, Greece, featuring 85 rooms and extensive amenities. The resort is located five minutes from Chania’s Old Town and operates year-round.

Egypt's Talaat Moustafa Group plans to grow its hotel portfolio from about 20 to 35-40 properties over the next decade. This expansion includes acquiring stakes in historic hotels and partnering with luxury brands.

Radisson Hotel Group signed and opened 160 hotels with over 22,000 rooms globally in the first half of 2026. Growth spans Europe, Middle East, Asia Pacific, Africa, and India, with major brand expansion and sustainability efforts.

Hilton has opened the Hilton Chania Old Town Resort & Spa in Crete with 85 rooms. The resort is a five-minute walk from Chania Old Town and 20 minutes by car from Chania Airport.

InterContinental Hotels Group (IHG) stock held steady on July 12, 2026, driven by strong global travel demand. IHG’s asset-light model and diversified global presence underpin stable fee income and growth prospects.

MGallery Collection and Colossos SA announced a new adults-only hotel in Kallithea, Rhodes, set to open in Spring 2027 with 222 rooms offering panoramic Aegean Sea views. The project includes extensive wellness and dining facilities, represents a major strategic investment, and strengthens MGallery’s expansion in Greece.

Radisson Hotel Group's hotel development pipeline in India has grown from 87 to 98 hotels as of early July 2026. This increase underscores the company's strategic focus on expansion in the country.