The highly anticipated Hilton Garden Inn Athens Syggrou Avenue hotel is now officially open, marking the debut of the Hilton Garden Inn brand in Greece. Located in the heart of Athens, this new hotel offers modern accommodation and an elevated experience for both business and leisure travelers.
Four Seasons, the world's leading luxury hospitality and branded residential company, in partnership with Hinitsa Bay Holdings, announces plans for the redevelopment of a beachside property at Hinitsa Bay, Porto Heli, Greece into a luxury resort and private residences.
As we reflect on another year of dedication to sustainable growth and responsible hospitality, I am proud to present our 2023 Sustainability & CSR Report. At Mitsis Group, our commitment to excellence goes hand in hand with our unwavering dedication to sustainability, social responsibility, and ethical governance. This year, we have continued to make significant strides in our efforts to create a positive impact on the environment, empower our communities, and ensure that our guests can travel sustainably.
This newsletter provides a snapshot of the performance and outlook of the Greek hotel industry.
Leading luxury hospitality company Four Seasons and Blue Iris Investments S.A, ('Blue Iris'), an investment vehicle of AGC Equity Partners ('AGC'), a global alternative asset investment firm, announce plans for a brand new beachside resort that will welcome its first guests in summer 2025.
Following HSMAI Europe’s recent successful launch into the Greek market, we are thrilled to announce yet another major step in our expansion through a new strategic partnership with Xenia 2024 exhibition, taking place from November 23-25, 2024 in Metropolitan Expo exhibition center - Athens, Greece. This collaboration represents a significant milestone in HSMAI Europe’s growing presence within the Greek hospitality sector.
The family-owned Myconian Collection is thrilled to announce their latest acquisition of Sunrise Beach Hotel, a stunning luxury boutique hotel located on the charming and secluded Agrari Beach, Mykonos. This new acquisition brings Myconian Collections exquisite portfolio to 14 properties located across the island.
This newsletter provides a snapshot of the performance and outlook of the Greek hotel industry, within the broader context of the international hospitality industry as well as of Greek tourism and Greek socio-economic developments.
In a significant move to enhance vocational education in Greece, EHL and the Metropolitan-AKMI Educational Group are proud to announce the expansion of their successful partnership. Starting in the academic year 2024-25, students in Northern Greece, specifically in Thessaloniki, will have the opportunity to enroll in EHL's prestigious VET (Vocational Education and Training) programs.
Meliá Hotels International expands its portfolio in Greece with the signing of a new franchise agreement under the label INNSiDE by Meliá in Elounda, Crete, signaling a new chapter in lifestyle travel within the country. This move introduces a fresh concept to Greek hospitality - a premium lifestyle brand geared towards the discerning tastes of the new generation of travelers. The agreement, inked on May 24, 2024, not only marks the fifth Meliá hotel in Greece but also signifies the debut of INNSiDE by Meliá in the country. This strategic addition reinforces the partnership between Zeus Hotels and Meliá Hotels International, resulting in a collective offering of over 1050 rooms.
InterContinental Hotels & Resorts proudly presents its inaugural property in the Greek Islands, InterContinental Crete. Bolstering IHG Hotels & Resorts' luxury and lifestyle portfolio - now the second largest in the world - InterContinental Crete is the embodiment of contemporary Grecian hospitality and one of the first openings to follow the brand's announcement of a transformative evolution. InterContinental is reimagining the luxury travel experience, building on its heritage dating back over 75 years, as it turns the page on this next chapter.
Located on the Greek island of Corfu, Avali will be the fourth property to open by the family-owned luxury hospitality brand.
During Q1 2024/23 international arrivals of non-residents at the Athens airport increased 20%, while the international arrivals at the airport of Thessaloniki increased 13%. Traffic registered growth across all months of the quarter.
In Mykonos, the most cosmopolitan island of the Cyclades, the new chapter of Numo Hotels & Resorts offers a new take on authentic hospitality offering a distinctive high-aesthetic resort.
Tucked away within the heart of the iconic Mykonos Town, celebrated for its charming architecture, vibrant energy, and unique views, Anandes Hotel emerges as the latest independent luxury boutique hotel, set to open in June 2024. Gracing a high point of Mykonos' enchanting Old Town (Chora), overlooking its glaring white houses, windmills and the breathtaking view of the Aegean Sea, Anandes Hotel is re-defining the new Cycladic chic style.
Twenty-one years after the opening of the legendary Nammos Restaurant, Nammos Hotels & Resorts is launching its inaugural property, Nammos Hotel Mykonos, ready to welcome guests from 27th April. Nammos Hotels & Resorts, the new hospitality brand from ADMO Lifestyle Holding (ADMO) - a joint venture between Alpha Dhabi and Monterock International, is excited to bring to life the hospitality brand's first property on Psarou Bay's golden sands, the same beach where Nammos Restaurant resides. Nammos Hotel Mykonos boasts 26 rooms and suites, as well as three private villas all complete with a 24/7 personal butler service, the hotel will pay homage to Nammos World's existing portfolio of venues and provide a holistic hospitality experience befitting of the international jet set.
Auberge Resorts Collection has announced the appointment of George Georgousis as General Manager of Grace Hotel, Auberge Resorts Collection, the brand's first European property located on the Greek island of Santorini.
In 2023, Greece's tourism sector flourished significantly, witnessing remarkable growth in total international arrivals, which surged by approximately 17.6% compared to 2022, as reported by the Bank of Greece, but also 4.4% higher than the pre-Covid record of 31.3 million in 2019. Moreover, the promising trend extended to the employment landscape, with unemployment rates plummeting first time since 2009 in single digit. Additionally, statistics from the Hellenic Statistical Authority (ELSTAT) reveal that turnover within the hospitality industry amounted to a substantial €10.8 billion for the period spanning January to December, which is 10.7% higher than last year. Given Greece's strong historical performance in tourism, it's anticipated that 2024 will set a new record, with tourism revenue nearing €22 billion. The surge in arrivals at Athens International Airport, reaching 95% of capacity in April 2023 and maxing out during the summer, has triggered the 33MAP expansion plan. This plan involves expanding the terminal by 81,000 square meters to accommodate 33 million passengers annually, with financing already secured. Completion is slated for 2028, while projections suggest that within the decade, the 40MAP expansion may be triggered, necessitating an increase in capacity to 40 million passengers per year.
Marriott International, Inc. announced it has signed an agreement in collaboration with Vasilakis SA to bring the JW Marriott brand to Greece. Anticipated to open in 2025, JW Marriott Crete Resort & Spa will span 100 acres of coastal beauty and will be a haven for travelers who seek a luxury escape paired with exceptional service and holistic well-being experiences.
The Set Collection proudly introduces DEOS Mykonos, set to debut in the spring of 2024, as the latest addition to its esteemed portfolio of luxurious member hotels and residences. Rooted in the island heritage of Mykonos and crafted with the expertise of the Daktylides family who established their hospitality portfolio - Myconian Collection - in 1979, DEOS promises an unparalleled experience for discerning travellers and sun seekers on that storied isle.