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All Assets News: Greek Real Estate Intelligence

Dervenis Family purchased the historic Alkyon Hotel in Skiathos
The  Dervenis family Group is growing bigger in the hotel market of Sporades islands, as it recently acquired the historic Alkyon hotel in the city of Skiathos. The group, which also controls the companies ANATOLIKES SPORADES SA and SOUTH SPORADES SA, acquired the Alkyon hotel expanding its availability to 800 beds in Skiathos. The historic Alkyon Hotel first opened in 1975 and to this day operates as a 3-star hotel with 89 rooms and 5 suites. The company's investment plans include the complete modernization and renovation of the hotel, and an upgrade to 4 stars. The renovation and upgrade works will take place in 2022. Until then the hotel will operate under the new administration as it is. The Dervenis Group also has the luxurious Skiathos Palace in Koukounaries, one of the most well-known hotels on Skiathos island, and it also plans to operate a new 5-star hotel in Agia Eleni in Koukounaries. Original Source: Bizness.gr Adaptation/Summary: Kiki Athanasiadis  
Green light for the new 5-star Infinity Hotel on the Argolic Riviera
Another major hospitality investment in the Argolic Riviera has received the green light in terms of environmental conditions. The project is a new 5-star hotel by the company Utherton Ltd of Cypriot interests that will be managed by the company Zoniro. The hotel will be constructed in Ermioni at the Kouverta - Perle – Bourloto location. The new 5-star hotel Infinity will have a capacity of 304 beds. It will offer to its guest accommodation (rooms and furnished apartments), common areas, swimming pools, spa, restaurants and leisure facilities. It will be built on an area of ​​about 75 square km and the total construction will amount to 13,554 sq.m. The hotel will be built where the old Costa Perla hotel used to be. Original Source: Biznews.gr Adaptation/Summary: Kiki Athanasiadis
A new five-star hotel is under construction in Crete
The new five-star hotel in Crete was given the green light by the regulatory authorities, and will be constructed at Xirokampos location, in Rethymno. The new hotel is a large 5-star unit, with a capacity of 540 beds and 179 apartments, within a plot of 70,759.52 sq.m. The hospitality complex belongs to Troulis Brow and consists of 9 units with 8 spaces with restaurants, gyms, spa, public and private pools as well as an aqua park of 4,000 sq.m. The complex is accessible to prople with disabilities. Troulis Bros, through their Troulis Royal Collection, owns two more hotels, the five-star Royal Blue Resort & Spa which was recently renovated, and the Royal Senses Resort. At the end of 2020, Trouli Bros collaborated with the Hilton international chain through their Royal Senses Resort. Hilton and the Troulis Royal Collection reached an agreement and the Royal Senses Resort, joined as a member of the Curio Collection by Hilton. Original Source: Euro2day.gr Adaptation/Summary: Kiki Athanasiadis