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Attica Group: Acquisition of Naxos Resort Beach Hotel for 6.5 million

Attica Group announced that, in the context of the implementation of its development strategic planning, it invests further in the Greek tourism industry, in new, complementary to its main activity, with the aim of utilizing the strong dynamics of the Attica Group in Greek tourism, confirming report by Capital.gr.

In particular, according to the relevant announcement, Attica Blue Hospitality, 100% subsidiary of Attica Group, acquired the owner company of the Naxos Resort Beach Hotel located in Agios Georgios Naxos, for a price of 6.5 million euros, which was financed with bank lending.

The hotel complex has been built on a total area of ​​8,166.92 sq.m., has 88 rooms with the possibility of building an additional 1,300 sq.m. The unit has a swimming pool, restaurants, bar, meeting room, gym, spa, and parking space. Please note that Attica Blue Hospitality will upgrade and expand the hotel facilities.

“The targeted activity in the hotel industry that starts with the purchase of the Naxos Resort Beach Hotel, differentiates Attica Group from the competition, expands its activities in the tourism industry, allowing it to meet a wider range of needs of its customers, while at the same time enabling it. to strengthen its financial position by investing in related sectors that offer immediate synergies “, the announcement concludes.

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Source From: Capital

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