BUSINESS

Alpha Bank picks consortium as preferred bidder for Hilton

TAGS: Business, Tourism

Alpha Bank has chosen a consortium as the preferred bidder for Athens-listed Ionian Hotel Enterprises (IHE), owner of the five-star Hilton Athens (pictured), sources said Monday.

Alpha Bank holds 97.3 percent of IHE, whose centerpiece is the 506-room hotel.

After evaluating the binding offers, the bank picked a consortium formed by Greece’s TEMES SA, a luxury resort developer that owns Costa Navarino in the Peloponnese, and Amsterdam-based D-Marine Investments Holding BV, a subsidiary of Turkish conglomerate Dogus Group, which is active in 30 countries, including Greece.

The Hilton hotel is an Athens landmark and was inaugurated in April 1963.

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