The Greek Deal.com
HOTELS
Luxury resort and private residences in Hinitsa Bay in Porto Heli
The upgrade and development of a beachfront property in Hinitsa Beach, Porto Heli, into a luxury resort and private residences, Four Seasons announced in partnership with Hinitsa Bay Holdings.
Αcquired Grand Hyatt Athens hotel
Hotel Investment Partners (HIP), one of Southern Europe's leading resort owners owned by funds managed by Blackstone and GIC, announced the addition of the Grand Hyatt Athens.
Restaurant and accommodation turnover up 9% in September
Turnover in the accommodation sector increased by 6.9% in the third quarter, reaching €6.18 billion, compared to €5.78 billion in the third quarter of 2023.
The megaproject in Peloponnese to start next spring
Next spring, the construction of the megaproject that Aldemar Resort is preparing in the Peloponnese is expected to start.
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.