ECONOMY

Athens Ledra hotel being shut down, sources say

Athens Ledra hotel being shut down, sources say

Guests staying at the Greek capital’s Athens Ledra hotel were gradually being turned out of their rooms and relocated to other units, Skai reported on Tuesday, quoting workers in the establishment.

According to the report, all guests will be relocated by Wednesday and the front desk is not accepting any new arrivals, at a time when the five-star, 314-room unit is booked to 70-80 percent capacity, callers told Skai.

The workers at the hotel say they have not been paid since mid-March and have stayed on without wages.

Formerly the Ledra Marriott, the Syngrou Avenue hotel was built in 1980 and was hailed as one of the Greek capital’s most luxurious modern units.

It has been privately owned since 2013 and filed for protection from creditors in 2014.

The hotel has a staff of around 150 workers and has accrued debts in excess of 40 million euros.

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