Twin Hospitality Group Inc. shares rise 1.49% intraday after Hilton Worldwide announced expansion in Spain.

Twin Hospitality Group Inc. rose 1.49% in intraday trading, with Hilton Worldwide announcing the signing of DoubleTree by Hilton Madrid Principe de Vergara, a new hotel in Madrid's affluent Salamanca neighborhood. The property is expected to open in late 2026 and will be managed by Panoram Hotel Management, a leading multi-brand hotel management company in Spain. This expansion in Spain's key market is likely to drive further growth for Hilton Worldwide, which could positively impact Twin Hospitality Group Inc.