Domes and Brookfield, through one of its private real estate investment funds, announced the formation of a joint venture, under which Brookfield will acquire a majority stake in the Domes Zeen Chania hotel. Through this joint venture, Brookfield and Domes will expand the resort with an investment of over 40 million euros.
Domes Zeen Chania is a 105-key seaside resort with a privileged location in Chania, one of the top destinations in Crete. It is part of Marriott’s Luxury Collection brand and has received numerous awards, including the World’s Leading Leisure Resort 2025 award at the World Travel Awards.
Brookfield has significant experience in the hospitality and long-stay sectors, having invested in and developed leading hospitality platforms across Europe, such as Center Parcs, edyn, Selenta Group, Experimental Group, and Generator Hostels.
Dr. George P. Spanos, CEO of Domes Resorts, said, “We are very excited to move forward with the joint venture with one of the world’s top real estate investors. With Domes now a stabilized operational platform, supported by a strong brand, we look forward to working with Brookfield as we enter the next phase of our development.”
Brad Hyler, Managing Partner & Co-President of Brookfield Real Estate Group, said: “We are excited to invest in Domes Zeen Chania and to partner with Domes to expand and further enhance the resort’s services and amenities. This investment marks our entry into the Greek hospitality market and we look forward to working with the Domes team, while exploring additional investment opportunities in the future.”
Brookfield is among the largest property owners and managers worldwide. With over $50 billion in assets under management in Europe, in sectors such as hospitality, alternative accommodation, real estate, logistics, and commercial spaces, Europe is a key market for its strategy and operations.
Domes
Founded in 2008, Domes is among the most dynamic hospitality groups in Greece, with 18 five-star hotels in 11 destinations in Greece and Portugal. The Group has a strong presence in the upscale and luxury category, with 8 hotels under the brands of Marriott International, Inc. and 3 under Hilton Worldwide Holdings Inc.
Domes actively collaborates with top institutional investors, such as Hotel Investment Partners (HIP), Grivalia Management Company, and Prodea Investments, supporting high-standard developments in iconic leisure destinations. The Group has been named the World’s Leading Resort Brand for four consecutive years, confirming its commitment to upgraded hospitality, strong operational performance, and unique guest experiences. In 2021, Domes was honored by Marriott International with the 2021 Partnership Circle Award, Marriott’s highest distinction for excellence in hospitality.
With an ever-expanding portfolio and a strategic focus on top destinations in Greece and abroad, Domes continues to shape a sophisticated, design-led approach to hospitality, with an emphasis on experiential travel, local culture, and exceptional service.
Brookfield Corporation
Brookfield Asset Management Ltd. is a leading global alternative asset manager based in New York with over $1 trillion in assets under management across sectors including renewable energy and energy transition, infrastructure, private equity, real estate, and credit. We invest client capital with a long-term horizon, focusing on physical assets and essential service businesses that form the backbone of the global economy. We offer a wide range of alternative investment products to investors worldwide, including public and private pension plans, institutions, sovereign wealth funds, financial institutions, insurance companies, and private investors. Building on Brookfield’s legacy as an owner and manager of assets, we invest with the goal of creating value and achieving strong returns for our clients, across the full range of economic cycles.
