Wyndham Americans scan Greek hotels and look for opportunities



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New hotel projects in the tourist market, not only in Athens, but also in high demand destinations, are being launched by the American chain Wyndham Hotels & Resorts in cooperation with the Greek hotel management and development company Zeus International. Already the channel, which made its debut in Greece in 2016 with the opening of the Wyndham Grand Athens on the Karaiskaki square (formerly Athens Imperial, property of the Viohalco group), has seven units

. The latest addition to its portfolio is Wyndham Residence in Athens, with 89 rooms and suites in the apartment style, in Achilleos Street just across the Wyndham Grand Athens. This is an investment of about five million euros in an abandoned office building. This is the first mixed-use hospitality concept of Wyndham Hotels & Resorts in Greece

According to Wyndham and Zeus executives, new agreements should be concluded, there will be concepts in Athens and in from other cities, at the same time other investments will be made in the part of the residence, ie apartments in the manner of apartments that address each other. mainly to families. A similar strategy was followed in neighboring Turkey where the chain has 70 hotels in about five years of presence. The entry into Greece arrived late, as has been explained

The investments made up to now by the "twin" amount to several million euros, although the total amount of investments has not been officially announced. In addition to the two units in Athens, Wyndham Loutraki Poseidon Resort and Ramada Loutraki Poseidon Resort in Loutraki, Dolce Attica Riviera in Vravrona and Ramada Attica Riviera in Mati (Thraki Palace in Alexandroupolis, Zeus participation). The larger project concerns the joint development and management of about twenty hotel units in the Balkans during the decade, especially in Greece

as reported during a demonstration at the Occasion of the operation of Wyndham Athens Residence, Dimitris Maniki, President and CEO of Wyndham Hotels & Resorts in EMEA (Europe, Middle East, Africa), the Athens market has many perspectives and a new dynamic was created in tourism due to the increase of air links and investments

Source capital.gr

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