Hotels & Accommodations

Athens’ hoteliers have raised concerns about whether the infrastructure in the Greek capital sufficiently meets the needs of both residents and visitors.

Crystal Waters Lefkada, the luxury resort in Nikiana on Lefkada, is set to expand with a new five-star sister property along the coast, scheduled to open in the summer of 2026.

The Boutique Community is a new ecosystem where boutique hotel owners can connect with a carefully curated selection of service providers and suppliers.

A 1.2% decline in the occupancy rates of Athens hotels was recorded in September, marking the fifth consecutive month of decreases in 2024.

In September 2024, Greek hotels experienced an uptick, with average room prices soaring by 25% and occupancy rates rising by 5% compared to the previous year.

Greek shipowner George Prokopiou is reportedly investing 300 million euros to acquire a 30% stake in the Astir Palace resort in Vouliagmeni on the Athenian Riviera.

Louis Hotels is set to expand its “Elegant Collection” portfolio with the opening of the five-star Valmar Corfu Hotel in summer 2025.

A more favorable investment framework for tourism projects that emphasizes sustainability and environmental protection is taking shape in Greece.

The historic Mitsis Grand Hotel on Rhodes is embarking on an 80-million-euro transformation to become a year-round luxury tourism destination.

Wyndham Hotels & Resorts has announced the development of its first residential-style hotel under the Wyndham Residences brand in Piraeus.