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Large international chains and Greek entrepreneurs, who invest mainly in four-star and five-star hotels, are looking for a place in the center of Athens ....
Large international chains and Greek entrepreneurs, who invest mainly in four-star and five-star hotels, are looking for a place in the center of Athens ....
Despite the difficult situation, most of the hotel projects that had started in Athens and in the rest of the country are once again moving ahead. ....
Despite the difficult situation, most of the hotel projects that had started in Athens and in the rest of the country are once again moving ahead. ....
The investment barrage in the tourist market of Athens brings tectonic changes in the image and the character of the historical center of the capital. Domestic and foreign funds continue to invest millions of euros in the transformation of emblematic buildings and office space into luxury accommodation units at key points, betting on the city’s enormous potential as a city break destination which is expected to be further strengthened after the end of the year. According to data collected by newspaper «NEA», at the moment there are more than fifteen hotels under development in central areas of Athens, many of which are expected to receive their first visitors in the near future. It should be noted that most of the funds to be invested are of Israeli origin, while the presence of Chinese but also domestic real estate investors is remarkable. ....