New 3-star hotel approved for Chania’s Korakies as upgrades progress in Rethymno, Paleochora
A new 3-star hotel with 56 beds is moving forward in Korakies, in the Chania area of Crete, as part of a wider round of tourism investment decisions and hotel licensing approvals across Greece, according to a report by money-tourism.gr cited by Cretalive.
The report describes a series of approvals and reviews affecting new hotel projects, tourist residences, and expansions or upgrades of existing units in various parts of the country, based on decisions by the competent authorities. On Crete specifically, alongside the new project in Korakies, interventions are also being planned for hotels in Rethymno and Paleochora, though no further details on the scale or timeline of those works were given in the report.
The wider list of projects cited by money-tourism.gr spans other regions of Greece as well, including Ano Koufonisi, Kimolos and Lemnos, Areopoli and Marathopoli in the Peloponnese, and Halkidiki, Kavala and Thesprotia on the mainland. According to the report, the investment map covers both entirely new hotels and tourist residences as well as expansions or upgrades of properties already in operation.
The Korakies project and the Rethymno and Paleochora upgrades add to a broader pattern of hotel investment activity on the island, following recent announcements such as plans by Hilton, Marriott, Rosewood and 1 Hotels for new luxury properties in Crete.
