The Greek Deal.com
HOTELS
Four Seasons-AGC Equity Partners partnership for new hotel in Mykonos
Four Seasons luxury hospitality company and Blue Iris, an investment vehicle of AGC Equity Partners, announce the creation of a high-end tourism complex, which is expected to welcome its first guests in the summer of 2025.
Purchase of two new buildings in Athens - to be used as hotels
Blend Development expands its portfolio with the successful completion of the purchase of two buildings located at 74 Syngrou Avenue and 30 Pireos & Geraniou Streets.
Contract lease of a hotel property owned by the HOC signed
The contract for the 25-year lease of a hotel property, with the right to extend for 10 years, owned by the Hellenic Olympic Committee and the joint venture REDS, member of the ELLAKTOR Group (70%) and SWOT Hospitality (30%), was signed.
14.8% increase in accommodation and restaurant turnover in May
In May, there was a 14.8% increase in the turnover of companies that provide food and accommodation services, as reported by the Hellenic Statistical Authority (ELSTAT).
Arrivals and nights spent in accommodation increased in April
Both arrivals and overnight stays recorded an increase, according to the provisional monthly data on hotel, camping, and collective short-stay accommodation (rooms to let), announced by ELSTAT for the month of April 2024.
Athens' occupancy rate increased in the five months
With an average occupancy rate of 72.3%, hotels in Athens closed for the first five months of 2024.
Τhe new name of former Hilton Hotel was revealed
The former Hilton Athens, located on Vassilissis Sofias Avenue, is reopening as "The Ilisian," a multifaceted destination designed by Ionian Hotel Company that will replace the hotel offering hospitality services.
Greek tourism operators are calm but concerned
The next phases of the closure of FTI, the third-biggest tour operator in Europe, a development that first "numbed" the domestic tourism scene, are being met with calm and skepticism by Greek travel operators.
Takes over the operation of the former Hotel Nikopolis
For the lease of the former Hotel Nikopolis, HotelBrain and Telis Mystakidis's company NIMTENKO SA have come to an agreement.
Cooperation with SWOT Hospitality for Olvos Koufonisia
Leading hotel management company SWOT Hospitality announced a new partnership, this time with Intracom Holdings, for the lease of a 55-room hotel to be reopened as Olvos Koufonisia and set to open in June 2024.
With an average occupancy rate of 68,7% closed the first quarter in Athens
The Athens Hotel Association of Attica and Argosaronikos reports that hotels in Athens had an average occupancy rate of 68.7% at the end of the first quarter of 2024, down from 63.9% in 2023.