One of the largest hotel and resort chains in the world is set to create four luxury hotels in Greece within the next nine months.
Wyndham Hotel Group went forward with the announcement, after the official opening of the group’s first Greek venture, the Wyndham Grand Athens in the up-and-coming inner-city area of Metaxourgeio.
The group has already started a joint venture with Zeus International operating two facilities in Loutraki: the 108-suite Whyndham Loutraki Poseidon Resort and the 207-suite and bungalow Ramada Loutraki Poseidon Resort.
The company has also acquired two resorts in the eastern coastal area of Attiki, which are under renovation and will open in 2018; Aqua Mare will reopen as Wyndham Garden Attica Riviera, while Mare Nostrum (a 352-room resort and spa) will reopen as Ramada Plaza Attica Riviera.
The group is optimistic for these investments, expressing a firm belief in Greece’s potential as a tourism industry powerhouse, stating that no other country in the world is as invested in tourist products as Greece.
The joint business venture plans at least 10 hotels in the next five years, in both rural Greece and the islands, and to use Greece as operational headquarters from which to expand to the Balkans, specifically Romania, Bulgaria, and also Cyprus.