{"id":341717,"date":"2024-05-09T14:28:19","date_gmt":"2024-05-09T11:28:19","guid":{"rendered":"https:\/\/money-tourism.gr\/?p=341717"},"modified":"2024-05-09T14:28:19","modified_gmt":"2024-05-09T11:28:19","slug":"gbr-these-are-the-hotel-deals-in-greece-at-the-beginning-of-2024","status":"publish","type":"post","link":"https:\/\/money-tourism.gr\/en\/gbr-these-are-the-hotel-deals-in-greece-at-the-beginning-of-2024\/","title":{"rendered":"GBR: These are the hotel deals in Greece at the beginning of 2024"},"content":{"rendered":"<p style=\"text-align: left;\"><strong>Attracting significant hotel investments in recent years, Greece is emerging as a &#8220;magnet&#8221; for hotel investors, as confirmed by the latest data released in its latest report by GBR Consulting.<\/strong><\/p><div class=\"money-content_2\" id=\"money-1581452652\"><ul id=\"money-grid-35365\"><li><a data-no-instant=\"1\" href=\"https:\/\/athenscapitalsuites-mgallery.com\/\" rel=\"noopener\" class=\"adv-link\" aria-label=\"clia 2021-11-08 141122\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/money-tourism.gr\/wp-content\/uploads\/2025\/06\/Money-Tourism-336x280-Athens-Capital-Suites-Advertorial.jpg\" alt=\"\"  width=\"336\" height=\"280\"  style=\"opacity: 1 !important;\" \/><\/a><\/li><li class=\"last\"><div style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"money-3970154094\"><a data-no-instant=\"1\" href=\"https:\/\/pbrands.gr\/en\/static\/cocktail_machine\" rel=\"noopener\" class=\"adv-link\" aria-label=\"Coctel_Banner_336x280px_EN\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/money-tourism.gr\/wp-content\/uploads\/2025\/04\/Coctel_Banner_336x280px_EN.gif\" alt=\"\"  width=\"336\" height=\"280\"  style=\"display: inline-block;opacity: 1 !important;\" \/><\/a><\/div><\/li><\/ul><style>#money-grid-35365{list-style:none;margin:0;padding:0;overflow:hidden;}#money-grid-35365>li{float:left;width:49%;min-width:250px;list-style:none;margin:0 1% 1% 0;;padding:0;overflow:hidden;}#money-grid-35365>li.last{margin-right:0;}#money-grid-35365>li.last+li{clear:both;}@media only screen and (max-width:768px) {#money-grid-35365>li{width:100%;}}<\/style><\/div>\n<p style=\"text-align: left;\">In particular, four notable acquisition deals have been completed in recent months in the Greek hotel industry, with Athens and three Greek islands, Crete, Rhodes, Corfu and Naxos, attracting investor interest.<\/p><div class=\"money-content\" style=\"float: left;\" id=\"money-3570183134\"><div style=\"margin-left: -15px;float: left;clear: both;\" class=\"keno2\" id=\"money-850175500\"><a data-no-instant=\"1\" href=\"https:\/\/youtu.be\/gW9fha7nygg?si=T5QNj6JmBtQagVnQ\" rel=\"noopener\" class=\"adv-link\"><div class=\"ad-desktop\">\r\n\t<ins class='dcmads' style='display:inline-block;width:970px;height:250px'\r\n    data-dcm-placement='N7033.2404308MONEY-TOURISM\/B34828307.445601741'\r\n    data-dcm-rendering-mode='iframe'\r\n    data-dcm-https-only\r\n    data-dcm-api-frameworks='[APIFRAMEWORKS]'\r\n    data-dcm-omid-partner='[OMIDPARTNER]'\r\n    data-dcm-gdpr-applies='gdpr=${GDPR}'\r\n    data-dcm-gdpr-consent='gdpr_consent=${GDPR_CONSENT_755}'\r\n    data-dcm-addtl-consent='addtl_consent=${ADDTL_CONSENT}'\r\n    data-dcm-ltd='false'\r\n    data-dcm-resettable-device-id=''\r\n    data-dcm-app-id=''>\r\n  <script src='https:\/\/www.googletagservices.com\/dcm\/dcmads.js'><\/script>\r\n<\/ins>\r\n<\/div><div class=\"ad-mobile\">\r\n\t<ins class='dcmads' style='display:inline-block;width:300px;height:250px'\r\n    data-dcm-placement='N7033.2404308MONEY-TOURISM\/B34828307.445732604'\r\n    data-dcm-rendering-mode='iframe'\r\n    data-dcm-https-only\r\n    data-dcm-api-frameworks='[APIFRAMEWORKS]'\r\n    data-dcm-omid-partner='[OMIDPARTNER]'\r\n    data-dcm-gdpr-applies='gdpr=${GDPR}'\r\n    data-dcm-gdpr-consent='gdpr_consent=${GDPR_CONSENT_755}'\r\n    data-dcm-addtl-consent='addtl_consent=${ADDTL_CONSENT}'\r\n    data-dcm-ltd='false'\r\n    data-dcm-resettable-device-id=''\r\n    data-dcm-app-id=''>\r\n  <script src='https:\/\/www.googletagservices.com\/dcm\/dcmads.js'><\/script>\r\n<\/ins>\r\n<\/div><\/a><\/div><br style=\"clear: both; display: block; float: none;\"\/><\/div>\n<p style=\"text-align: left;\">More specifically, Attica Group announced in April 2024 that it had acquired the 3-star Galaxy Hotel in Naxos, which has 54 rooms, for \u20ac14 million through its subsidiary Attica Blue Hospitality. The hotel is located next to the Naxos Resort Beach Hotel which was acquired by the group in 2021 for \u20ac6.5 million.<\/p>\n<p style=\"text-align: left;\">Previously, in February 2024, two hotels in Crete and Corfu were acquired by a new hotel group created by a partnership between the Papadakis family, which owns DTS Incoming Hellas, S\u00f6ren Hartmann, president of the Federal Association of the German Tourism Industry, and Ferid Nasr, owner of luxury hotels across Europe, Egypt and Tunisia.<\/p>\n<p style=\"text-align: left;\">The group, under the name G Hotel Collection, <span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"\/?p=332718\">as reported EXCLUSIVELY by MONEY &amp; TOURISM<\/a><\/span>, has acquired the 5-star Serita Beach Hotel, in Crete, with a capacity of 276 rooms, and Roda Beach Resort &amp; Spa, in Corfu, with 520 rooms, for \u20ac97 million. These hotels were previously owned by the late Kostas Mitsis, who before his death transferred them to his wife Eleni Lambris, who founded the A Hotel chain. The resorts will be managed by the new team this season and will then be renovated with the aim of upgrading them.<\/p>\n<p style=\"text-align: left;\">Meanwhile, in February, as also reported EXCLUSIVELY by MONEY &amp; TOURISM, <span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"\/?p=327723\">H Hotels Collection (Hatzilazarou Group)<\/a><\/span> announced the acquisition of the 4-star <span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"\/?p=332458\">Titania<\/a><\/span> Hotel in Athens, following the acquisition of the 5-star Rhodes Bay Hotel &amp; Spa (formerly Amathus Hotel), which included the Elite Suites Rhodes Bay in January 2024, with a total capacity of 357 rooms. Both hotels were previously owned by London &amp; Regional.<\/p>\n<p style=\"text-align: left;\">The Titania Hotel, located in the heart of Athens and featuring 385 rooms, was acquired by L+R in July 2019 for \u20ac50 million.<\/p>\n<p style=\"text-align: left;\">Also, <span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"http:\/\/www.gbr.com\/cgi-sys\/defaultwebpage.cgi\">GBR<\/a><\/span> reports that insurance company InterLife has acquired the 4-star Elite Hotel in Rhodes, with a capacity of 46 rooms and 2 suites, without disclosing details of the acquisition. Located a stone&#8217;s throw from the Medieval Town, the hotel, which has been fully renovated in 2017, is an ideal proposition for a pleasant and peaceful stay all year round.<img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-335594\" src=\"https:\/\/money-tourism.gr\/wp-content\/uploads\/2024\/03\/Ksd_ARGAN-FERAGAMO_EN-21x29-3.jpg\" alt=\"\" width=\"1654\" height=\"2283\" srcset=\"https:\/\/money-tourism.gr\/wp-content\/uploads\/2024\/03\/Ksd_ARGAN-FERAGAMO_EN-21x29-3.jpg 1654w, https:\/\/money-tourism.gr\/wp-content\/uploads\/2024\/03\/Ksd_ARGAN-FERAGAMO_EN-21x29-3-1113x1536.jpg 1113w, https:\/\/money-tourism.gr\/wp-content\/uploads\/2024\/03\/Ksd_ARGAN-FERAGAMO_EN-21x29-3-1484x2048.jpg 1484w, https:\/\/money-tourism.gr\/wp-content\/uploads\/2024\/03\/Ksd_ARGAN-FERAGAMO_EN-21x29-3-305x420.jpg 305w\" sizes=\"auto, (max-width: 1654px) 100vw, 1654px\" \/><\/p>\n<div class=\"money-after-article-content\" id=\"money-3648003412\"><ul id=\"money-grid-34887\"><li><div style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"money-1107629825\"><a data-no-instant=\"1\" href=\"https:\/\/emea01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.mexil.gr%2F&#038;data=05%7C02%7C%7C66d206b952794129f12c08de6a272af3%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C639064913611208166%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&#038;sdata=oKLQ1xS%2Fhu9cnq9EqSAl8zN7ks2xH8EpgFSlt8s0JB8%3D&#038;reserved=0\" rel=\"noopener\" class=\"adv-link\" aria-label=\"MONEYTOURISM-02\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/money-tourism.gr\/wp-content\/uploads\/2025\/05\/MONEYTOURISM-02-1.gif\" alt=\"\"  width=\"336\" height=\"280\"  style=\"display: inline-block;opacity: 1 !important;\" \/><\/a><\/div><\/li><li class=\"last\"><div style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"money-4163694868\"><a data-no-instant=\"1\" href=\"https:\/\/www.365jobs.gr\/global-mobility?localization=en&#038;utm_source=MoneyTourismEN&#038;utm_medium=Banner&#038;utm_campaign=GlobalMobility\" rel=\"noopener\" class=\"adv-link\" aria-label=\"336x280_EN\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/money-tourism.gr\/wp-content\/uploads\/2025\/06\/336x280_EN.jpg\" alt=\"\"  width=\"336\" height=\"280\"  style=\"display: inline-block;opacity: 1 !important;\" \/><\/a><\/div><\/li><\/ul><style>#money-grid-34887{list-style:none;margin:0;padding:0;overflow:hidden;}#money-grid-34887>li{float:left;width:49%;min-width:250px;list-style:none;margin:0 1% 1% 0;;padding:0;overflow:hidden;}#money-grid-34887>li.last{margin-right:0;}#money-grid-34887>li.last+li{clear:both;}@media only screen and (max-width:768px) {#money-grid-34887>li{width:100%;}}<\/style><\/div>","protected":false},"excerpt":{"rendered":"<p>Attracting significant hotel investments in recent years, Greece is emerging as a &#8220;magnet&#8221; for hotel investors, as confirmed by the latest data released in its latest report by GBR Consulting. In particular, four notable acquisition deals have been completed in recent months in the Greek hotel industry, with Athens and three Greek islands, Crete, Rhodes, [&hellip;]<\/p>\n","protected":false},"author":18,"featured_media":327725,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[42],"tags":[2164,38193,225,224,37740],"class_list":["post-341717","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hotels","tag-deals","tag-gbr-consulting-en","tag-greece","tag-hotels","tag-investors"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GBR: These are the hotel deals in Greece at the beginning of 2024<\/title>\n<meta name=\"description\" content=\"GBR Consulting invests in many hotels in Greece and expands its network in Greece according to the latest report\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/money-tourism.gr\/en\/gbr-these-are-the-hotel-deals-in-greece-at-the-beginning-of-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GBR: These are the hotel deals in Greece at the beginning of 2024\" \/>\n<meta property=\"og:description\" content=\"GBR Consulting invests in many hotels in Greece and expands its network in Greece according to the latest report\" \/>\n<meta property=\"og:url\" content=\"https:\/\/money-tourism.gr\/en\/gbr-these-are-the-hotel-deals-in-greece-at-the-beginning-of-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"\u03a7\u03a1\u0397\u039c\u0391 &amp; 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