Spain’s hospitality industry continues to evolve as developers invest in new hotel projects and major hotel refurbishments across key urban centers and resort destinations. From coastal leisure hotspots to historic city centers, hotels under construction and in planning reflect strong confidence in Spain’s tourism and business travel markets.
For hotel suppliers and industry professionals, staying informed about these developments is essential for identifying early opportunities and building relationships with owners, developers, and operators.
Drawing on data from the THP hotel project database, this article highlights a selection of notable 3-, 4-, and 5-star hotel projects currently under development across Spain.
3-Star Hotels Under Construction
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Holiday Inn Express Bilbao Sestao (Sestao, Basque Country): This new-build 3-star hotel will feature 105 rooms, with an opening date to be confirmed. Located on Avenida Juncal de Allende in Sestao, within Spain’s Basque Country, the hotel will strengthen the branded midscale offering in the Greater Bilbao area.
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ibis Styles Benidorm Cala Marina (Benidorm, Comunidad Valenciana): Scheduled to open in Q3 2026, this 131-room ibis Styles hotel will emerge from the renovation and rebranding of the existing Hotel Calas Marina. The refurbishment project will introduce the playful, design-led ibis Styles concept to Benidorm. Located on Calle Asturias, the hotel will be managed by DG Invest and adds further depth to Benidorm’s evolving hospitality mix.
Prominent 4-Star Hotel Developments
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voco Valladolid City (Valladolid, Castilla y León): Opening in 2026, voco Valladolid City will be an 80-room upscale hotel developed as a new build in the heart of Valladolid. Positioned minutes from the city’s nightlife, dining scene, and cultural attractions, the hotel marks IHG’s first entry into the Valladolid market. The project is being developed in partnership with Proyectos Inmobiliarios Rusell S.L and will be managed by Continuum Hotel Services.
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Hotel Poseidon Playa – Extension (Benidorm, Comunidad Valenciana): Set to open in 2027, this major extension and upgrade will elevate Hotel Poseidon Playa to a superior 4-star category. The project includes the addition of new guest rooms and the construction of a brand-new hotel tower, bringing the total room count to 287. The development is designed by architects Carlos Teba Martin and Gemma Devesa Gasco, with Hoteles Poseidon overseeing management.
Luxurious 5-Star Hotel Projects
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Radisson Collection Edificio Generali (Madrid): Planned to open in 2027, this 5-star luxury hotel will result from the conversion of Madrid’s historic Generali Building. The 154-room Radisson Collection property will feature a rooftop bar and restaurant offering panoramic views over the city, along with exclusive retail spaces on the ground floor showcasing premium brands. The project is owned by Generali Real Estate and designed by Estudio Lamela Arquitectos.
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Kimpton Convento de San Agustín (Andalucia): Scheduled for a 2028 opening, the Kimpton Convento de San Agustín will be a 5-star luxury conversion comprising 82 rooms. The project involves transforming the historic Convento de San Agustín into a hotel, including the careful restoration and integration of preserved archaeological remains. The project is being developed by Convento de San Agustín SL, designed by Cruz y Ortiz Arquitectos, managed by Sophos Hotels, and will operate under IHG’s Kimpton brand.
What Lies Ahead in 2026 and Beyond
Spain’s hotel development pipeline remains active, with a mix of new builds, refurbishments, and heritage conversions shaping the future of the market. Upcoming openings will expand room count while introducing new brands, upgraded facilities, and differentiated guest experiences across both city and resort destinations.
For hotel suppliers, these projects represent valuable opportunities to engage early with key contacts and align offerings with evolving brand and design requirements. Regularly tracking the THP database is essential for staying ahead of Spain’s hotel construction activity, as the projects highlighted here represent just a small selection of what is currently underway!
