Company updates Makedonia Palace Hotel Calls It Quits by GTP editing team 1 December 2011 written by GTP editing team 1 December 2011 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 8 The Greek tourism sector was shocked and deeply saddened last month when the Daskalantonakis Group announced the permanent closure of the historic Makedonia Palace hotel as of 27 December 2011. According to press reports, the negotiations of the hotel group with the administration of the insurance fund IKA-ETAM, which owns the property, to redefine the terms of the lease did not bear results. The insurance fund IKA-ETAM is now expected to announce an international tender for a new leaseholder of the property. The Makedonia Palace, considered a landmark hotel in Thessaloniki, was built during the 1970’s and comprises of 284 luxury suites. The hotel employs 120 workers. Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail GTP editing team This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner. previous post TUI Sparks Panic With Drachma Warning To Greek Hoteliers next post Former Hotel In City Center To Become Student Dorm You may also like Greece’s Hotel Market Sees Major Investments Over Four Months 5 February 2025 Milos: Ministry Suspends 5-star Hotel Construction Near Sarakiniko Beach 5 February 2025 Celestyal Celebrates Valentine’s Day with Free Cabin Upgrades 5 February 2025 Greek Hotels See Revenue Boost in 2024, Driven by Higher Room Prices 4 February 2025 Flisvos Beachfront Apartments Offers Seaside Stays on Skopelos Island 4 February 2025 ITA Airways Unveils New Commercial Benefits as it Joins Lufthansa Group 4 February 2025
