TEMES and Lamda, two leading companies in the Greek hospitality industry, have recently announced their plans to build two luxury hotels on the Athenian Riviera. The hotels will offer world-class amenities and services, enhancing the region’s reputation as a premier tourist destination.
This development highlights the potential for sustainable and responsible tourism in Greece, as the hotels are designed with sustainability in mind. With the potential to create jobs and stimulate economic growth in the region, this partnership represents an exciting new chapter in the growth of the hospitality industry in Greece.
This week, TEMES SA and Lamda Development declared that they had concluded the contract to construct two 5-star hotels plus a selection of branded residences near the Athenian Riviera as part of the multi-million-euro Ellinikon Project, with completion expected by 2026.
Under the agreement of Belt Riviera SA – Hellinikon SMSA (a Lamda subsidiary), a project costing 300 million euros is being carried out, which includes the construction of a 5-star hotel with 160 rooms, outdoor areas for dining and entertainment by the sea, a luxury beach club, health club with recreation, fitness and beauty amenities. Furthermore, there will be 17 luxurious branded homes/apartments, all with stunning ocean views.
Malt Riviera SA and Hellinikon SMSA have reached a second agreement to build a 220-room 5-star hotel and a residential development featuring 49 villas/apartments near the renovated Agios Kosmas Marina in Elliniko, Glyfada.
The two firms declared that a renowned international architectural firm would oversee the hotel’s design. In contrast, top worldwide hotel operators will manage the management of said hotels.
The partnership between TEMES and Lamda represents an exciting new chapter in the growth of the hospitality industry in Greece. By combining luxury amenities with a commitment to sustainability and responsible tourism, these new hotels have the potential to set a new standard for hospitality in the region and further enhance Greece’s reputation as a premier travel destination.
Source: GTP Headlines
