Grecotel Group invested 475 mln euros in 2004-2018

Grecotel Group invested 475 mln euros in 2004-2018


N. Daskalantonakis-Grecotel Group is rapidly implementing a renovation programme of its hotels with the aim to enhance quality and luxury hospitality infrastructure in regional Greece. Cereport reports citing Athens-Macedonian

The Group spent 475 million euros in the period 2004-2018 to build, renovate, expand and upgrade existing hotels. Investments to build and upgrade the Riviera Olympia & Aqua Park in the west Peloponnese reached 103 million euros. The four-star hotel complex has 33 luxury villas with a private pool, 26 suites, 417 luxury rooms and 167 bungalows.

The Group operates 32 hotels with a capacity of 6,000 rooms (12,800 beds), ranking firsts among the hotel groups in the country. It has a workforce of 6,700.


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