Room00 Next Gen Hospitality plans to invest between 330 and 420 million euros in 20 new hotels across Portugal, Spain, Italy, and the UK by 2026. Portugal is a key growth market, with 60 to 80 million euros earmarked for three new properties in Lisbon and Porto, adding 217 rooms. The expansion is backed by a 400 million euro funding round led by King Street, focusing on acquiring and repositioning urban hotel assets to cater to Gen Y and Gen Z travellers.