
Egypt plans for massive tourism growth
Egypt is pushing to grow its tourism sector as a major economic driver, and outside its capital region, one area of focus is the country’s Mediterranean coastline where significant development is planned.

Egypt is pushing to grow its tourism sector as a major economic driver, and outside its capital region, one area of focus is the country’s Mediterranean coastline where significant development is planned.

Authorities in Barcelona are clamping down on what residents increasingly view as overtourism, and have just announced there will be no new permissions for short term rental properties in the city.

Ennismore, Accor’s lifestyle hotel division, has signed a new hotel in Oslo, Norway for its Hoxton brand, and confirmed a late 2024 opening for its Delano branded property in Dubai.

A complex swap of assets sees hotel investment groups Covivio and AccorInvest unlock significant opportunities across their European portfolios, to refurbish, upgrade and rebrand a significant number of hotels

Rockwell Island Development Group to launch luxury resort and private residences in a secluded Bahamas peninsula just 30 minutes from the US mainland.

Hotel group Accor, which is about to launch the first of a chain of Orient Express branded luxury hotels, has agreed a strategic partnership with luxury group LVMH to drive forward growth of the brand across hotels, trains and yachts.

Hilton is expanding its room count in Iceland, and building out from the capital Reykjavik with its first regional property, in the northern coastal destination of Akureyri.

Virgin Hotels has found a home in London, taking on and rebranding an existing Shoreditch property to add its portfolio of hotels that is currently largely US oriented.

Adagio aparthotels, a joint venture project supported by Accor and Pierre & Vacances, is pushing for more international growth by increasing the number of franchise agreements in the portfolio.

Luxury hotel brands have been growing their presence in the Spanish hotel market, and are now being joined by midscale and economy brands, as locally owned and family run hotels decline.

With the opening of its 700th hotel in Greater China, Accor is looking to the future with plans to introduce more of its brands across the country.

Accor is continuing the expansion of its TRIBE brand across Europe with the opening of a new hotel in Latvia, the first hotel from the brand to be opened in the Baltic States.

Ennismore is bringing its SO/ brand to Hungary, with the opening of a luxury Budapest hotel in 2026.

Our pick for Project of the Week is Novotel’s US$93 million four star new build in the German harbour city of Hamburg which will see 830 rooms added to the banks of the River Elbe.

Investors continue to appreciate the value of hotels in Paris, where the French capital has delivered consistently strong operational performance, recovering fully after the pandemic.

The forthcoming Banyan Tree Bimini Resort & Residences will become the first Banyan Tree Resort and Residences to open in the Caribbean.

Rapidly expanding hospitality lifestyle group Ennismore has marked a major milestone with its first hotel signing in South Africa.

Three of Accor’s luxury and lifestyle hotels in Europe are to be given a makeover, with Sofitels in Rome and Lisbon to be upgraded while a third hotel in Budapest is to switch to the SO/ lifestyle brand

A strong recovery in visitor numbers in South Korea is boosting hotel development activity, as international brands look for opportunities to expand their business in the country

One of Accor’s newest brands, Handwritten Collection is making its U.S. debut with the summer 2024 opening of Hotel Stratford San Francisco.

A strong performance during 2023 at Australian hotels has encouraged developers to take a closer look at the sector, and the big brands are signing up to new hotel projects, as they move from planning to construction

Abu Dhabi has set out plans to grow travel and tourism’s contribution to its economy, with a series of growth targets set for 2030 as it aims to draw in ever more international visitors

A strong rebound in India’s hotel market has investor confidence growing, while international brands are looking to grow their market presence signing hotels in second and third tier Indian cities

It has taken time, but Hong Kong’s hotel market is finally recovering from the pandemic, with rising numbers of mainland Chinese and international visitors, boosting the destination’s hotel occupancy

The new addition to Accor’s MGallery portfolio, Domaine de la Reine Margot Paris Issy provides a sanctuary within a historic estate of Issy-les-Moulineaux, close to Paris.

International brands are expanding their presence in Greece, as the hotel market develops the breadth of its offering, attracting a growing number of long haul leisure guests to the country

With its roots in Europe, Accor is further deepening and broadening its presence with a strong roster of hotel openings across its Premium, Midscale & Economy brands

Following the pandemic, Saudi Arabia has grown its tourism offer successfully, with international visitor numbers up 56% in 2023, compared with 2019.

Raffles Hotels & Resorts is to debut a resort at 2,300 metres in the mountains of NEOM, as a part of Saudi Arabia’s year-round mountain destination Trojena.

Ennismore is accelerating the growth of its lifestyle hotels, resorts and hospitality venues, with a strong pipeline of international projects due to open through 2024

After twenty years without a presence in the city, Fairmont will be making a return to the New Orleans skyline in 2025.

Now hosting guests in Japan’s fifth largest city, Hotel Sosei Sapporo opened on the island of Hokkaido in January as the latest addition to the Accor Group’s MGallery Collection.

The Turkish luxury hospitality group Rixos Hotels has announced plans to open the flagship Rixos Tersane Istanbul property this spring.

While famous for its budget brands in Europe, Accor is pushing equally hard to grow its lifestyle and luxury brands around the globe.

Ennismore has announced the debut of SO/ Maldives, a part of its fashion-forward SO/ hotel brand, with the aim of reinventing the luxury island getaway.

In addition to announcing a shift from its name Banyan Tree Group to Banyan Group, the hospitality company has revealed an impressive pipeline of new hotels for 2024.

Accor-affiliated Ennismore has signed a memorandum of understanding with Romanian developer One United Properties to bring the Mondrian brand to Bucharest.

Qatari capital Doha is building on its football host status to preserve a positive pipeline for high end hotels.

Accor has recently inked a broad batch of hotel signings across Asia as part of its aim to extend its reach.

Accor has signed for the first Tribe Nation hotel in China, bringing a new urban lifestyle hospitality experience to modern and Gen Z Chinese travellers.

According to the latest THP data, upper hotel segments in Argentina are due to welcome 3,603 keys during the next few years.

Accor has signed a cooperation agreement for its first ever hotel in Tajikistan.

Accor has signed a cooperation agreement with Mardi Holding, one of Georgia’s largest development companies, to open a Handwritten Collection hotel on the Black Sea coast in Batumi.

Accor is strengthening its ongoing partnership with Romanian company Construcții Erbașu by signing management agreements for two new hotels in Bucharest and Oradea.

Our latest Project of the Week is Banyan Tree Group’s striking bioclimatic resort rising amongst tropical gardens in Cambodia’s Siem Reap.

Switzerland is due to welcome at least 59 upper segment hotels of collectively 6,592 keys over the next few years, according to the latest THP data.

Our stunning Project of the Week is Accor brand MGallery’s eco-chic resort rising within the jungle in Tulum, Mexico.

Major hotel group Accor has once again increased its pipeline, with a quarterly rise of 1% to 1,273 hotels encompassing around 219,000 keys globally.

According to the latest information from THP, Chinese metropolis Shanghai is steadily growing its upper segment hotel pipeline.

Accor is gearing towards a record-breaking year in signings in its premium, midscale and economy division across Asia.