Opening Soon

Rosewood Blue Palace

Elounda · Hotel

Rosewood Blue Palace is Rosewood Hotels & Resorts' debut in Greece, a full reinvention of one of Crete's landmark waterfront resorts on a hillside between Plaka and Elounda overlooking the Gulf of Elounda and the islet of Spinalonga.

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Last verified Jul 26, 2026
17 months to delivery
78%
AnnouncedBreaking GroundConstructionOpening SoonNow Open
Est 2027
Completion
154
Keys
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The story so far
Announced Nov 2023Rosewood announces its Greece debut, reimagining the Blue Palace resort in Elounda, Crete.
oftmw.com
Financing secured Early 2025€43M loan from the EU Recovery and Resilience Facility (Greece 2.0) supporting Phāea's Blue Palace redevelopment, per Argophilia
argophilia.com
Coming soon
Expected opening 2027 est.
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
About the project

Rosewood Blue Palace is Rosewood Hotels & Resorts' debut in Greece, a full reinvention of one of Crete's landmark waterfront resorts on a hillside between Plaka and Elounda overlooking the Gulf of Elounda and the islet of Spinalonga. The 154-room retreat, 85 of them with private pools, spans suites and villas alongside three outdoor pools, a private beach, six dining and bar concepts, and an Asaya spa devoted to hydrotherapy and movement. It is developed by Greece's Phaea group under sisters Agapi and Costantza Sbokou.

Developer & design
Developer
Phāea
Design
K-StudioAfroditi Krassa
Location
Map location
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Journal Coverage
Rosewood Blue Palace has been covered in 1 article on Markets of Tomorrow.
Apr 20, 2026
Rosewood Hotels plans Greece debut with new luxury resort
Common questions

Frequently asked

Where is Rosewood Blue Palace located?

Rosewood Blue Palace is located in Elounda.

When will Rosewood Blue Palace open?

Rosewood Blue Palace is opening soon, with completion expected in 2027 (a TMW estimate).

Who is developing Rosewood Blue Palace?

Phāea is the developer behind Rosewood Blue Palace.

Who designed Rosewood Blue Palace?

Rosewood Blue Palace was designed by K-Studio, Afroditi Krassa.

How big is Rosewood Blue Palace?

Rosewood Blue Palace features 154 hotel keys.