By Vicky Kourlimbini
According to the information of Capital.gr, the new investment of the hotel giant Radisson Hotel Group in the Greek market amounts to 30 million euros. This is the Radisson Red brand that is coming to our country for the first time, an investment move that marks the further strengthening of the hotel chain’s portfolio and the intention for a long-term presence in Greek tourism.
The investment concerns a complex of serviced apartments, ie small apartments which give guests the opportunity to use facilities such as the gym, the rooftop, while also having a meeting space.
The complex, which is located right next to the Metropolis of Athens, will be called Radisson RED Mitropoleos Square Athens. For its construction, the conversion of the existing office building into apartments has already begun, while the investment, according to the hotel chain, will be completed in the second half of 2023.
The Radisson RED Mitropoleos Square Athens, built in collaboration with the real estate company Gnosis Investments, will include 94 small apartments with kitchen, 150 sq.m. meeting room and gym. On the ground floor of the building there will be a restaurant overlooking the square, while there is a roof top bar – a rooftop restaurant overlooking the Acropolis.
It is noted that Radisson Red belongs to the Radisson Hotel Group, which includes the Radisson Collection, Radisson Blu, Radisson Individuals, Park Plaza, Park Inn by Radisson, Country Inn & Suites by Radisson, and the prizeotel, under the Radisson Hotels commercial umbrella.
Presence enhancement
Radisson Hotel Group already has a significant presence in the Greek market, with two hotels in Athens, and units in Skiathos, Santorini, Mykonos, Crete, and finally with the new complex of serviced apartments being prepared on Mitropoleos Street.
Most recently Elie Milky, Vice President Development of the Radisson Hotel Group, had met with Tourism Minister Vassilis Kikilias. The meeting discussed the development plan of the group in our country and its future plans for Athens, Thessaloniki and island destinations.
Elie Milky on the occasion of the new investment, giving the stigma of the group’s investment moves, stated that “the project will consolidate the position of Radisson Hotel Group’s in the Greek market, while our development strategy continues with the immediate goal of the company becoming one of the most powerful players in the international market “.
Radisson Hotel Group is one of the largest hotel groups, with nine different hotel brands and more than 1,600 active and under construction hotels in 120 countries.
Source: Capital
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