HotelBrain has reached an agreement with the company NIMTENKO SA, owned by Telis Mystakidis, for the lease of the former Hotel Nikopolis. The agreement for the hotel in Thessaloniki is for a 10-year term and will take effect right away, the company announced.

The announcement follows: 

The largest hotel chain in the nation, HotelBrain, is pleased to announce that it has reached an agreement with NIMTENKO SA, a business run by Mr. Telis Mystakidis, for the lease of the former Hotel Nikopolis in Thessaloniki.
 
The agreement is for a 10-year term and takes effect immediately. With the former Hotel Nikopolis, HotelBrain enriches its portfolio of hotels in Thessaloniki.
   
HotelBrain's President and CEO, Mr. Panos Palaeologos, said. With faith in our potential and with respect to our business plan, we are moving forward. Especially in this particular deal, I would like to personally thank the team of Nimtenkos SA. for the vote of confidence.".