Sani/Ikos Group enters new strategic partnership agreement with GIC valuing the business at €2.3bn

Sani/Ikos Group (SIG), the leading luxury beach resort group in the Mediterranean, and GIC, global institutional investor, have entered into a strategic partnership under which GIC will become the leading shareholder alongside SIG’s management team. The transaction values the Sani/Ikos Group at €2.3 billion. The transaction is expected to close in the 4th quarter of […]

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HIP and AMR™ Collection announce opening of Dreams Corfu Resort & Spa

Hotel Investment Partners (HIP), the largest owner of resort hotels in Southern Europe owned by funds managed by Blackstone, and Apple Leisure Group (“ALG”) a leading North American resort brand management, leisure travel and hospitality group, part of Hyatt, announced the opening of Dreams Corfu Resort & Spa on July 28 –formerly known as Corcyra Beach, […]

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Santorini Welcomes Danae Suites Boutique Hotel | Showstopping sea, sunrise, and sunset views in an all-suite hotel in Finikia

On the unique land of Santorini, just a breath away from the world-famous Oia and in a truly picturesque setting, the traditional settlement of Finikia, Danae Suites Santorini welcomes its sophisticated guests to a new world of pure serenity and authentic elegance. True to its motto “Following the Cycladic Light”, this beautiful boutique hotel offers […]

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W Hotels ushers in a new era of luxury lifestyle on the Greek coast with the opening of W Costa Navarino

W Hotels, part of Marriott Bonvoy’s portfolio of 30 extraordinary hotel brands, today announced the opening of W Costa Navarino. The highly anticipated Greek debut brings a vibrant and creative energy to Navarino Waterfront, the newest integrated resort area of Costa Navarino in the Mediterranean. The new W Escape is set within a scenic 13-hectare site, […]

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W Costa Navarino prepares for August debut | The first W hotel in Greece will be a vibrant resort that embodies creativity and individuality | PHOTO | VIDEO  

W Hotels Worldwide, part of Marriott Bonvoy’s portfolio of 30 extraordinary brands, prepares to debut in Greece on August 11th with the opening of W Costa Navarino. Bookings are now open for the new property which welcomes exclusively adults and young adults over 12 years old, and is located in Navarino Waterfront, the newest integrated resort area of Costa […]

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Attica Group expands its presence in Greek hotel industry in the Cycladic island of Tinos

Attica Holdings S.A. (“Attica Group”), expands further its presence in the Greek tourism industry and announces the acquisition of the owning company of “Tinos Beach” hotel by its subsidiary Attica Blue Hospitality S.M.S.A (“Attica Blue Hospitality”), for a total consideration of Euro 6.5 million, financed through a bank loan and own funds. Tinos Beach is […]

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STR: Riyadh hotels reported higher occupancy in June

Riyadh’s hotel industry reported higher occupancy than the month prior, but lower room rates, according to preliminary June 2022 data from STR. According to STR data: • The occupancy rate was: 56.5% • Average daily rate (ADR): SAR580.61 • Revenue per available room (RevPAR): SAR328.17 While ADR and RevPAR fell month over month, each of […]

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Nana Princess

Nana Princess ranked 5th in the list of best hotels in Greece according to the international Travelers’ Choice Awards 2022

For yet another year, Karatzis Group’s Nana Princess is ranked 5th in the list of the top 25 resorts with the highest score in Greece, according to the popular travel website TripAdvisor and the reviews collected from travellers worldwide. The only hotel in Crete that deservedly won its position in this year’s Travelers’ Choice Awards, […]

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