Tuesday September 23, 2014 Search
Weather | Athens
33o C
20o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Athens city center to get more hotel units

By Stathis Kousounis

It appears the city center of Athens is set to see developments in its hotel market thanks to the major increase expected in tourism, already evident this year too, as Omonia and Syntagma are in line for the opening of landmark units that could change the face of the capital’s two main squares.

The Defense Ministry has decided to restart the process for the long-term lease of Hotel La Mirage, which belongs to the Hellenic Air Force’s Mutual Benefit Fund, allowing for hopes that a hotel will grace Omonia Square after more than five years.

The fund has been paying for the building’s maintenance and security since La Mirage closed in July 2008, at no small cost, so the ministry has ordered a negotiations committee to be set up that will undertake the project of the hotel’s lease. While there will be no set price, extra caution will be taken in the evaluation of the company to undertake the hotel’s operation, which may also have to pay for the unit’s renovation and refurbishment.

The broader area of Syntagma Square will soon acquire a new hotel, with the Electra hotel group having emerged as the winner in a tender conducted by the Church of Greece regarding the leasing of the building complex where the Education Ministry used to be housed on Mitropoleos Street. The six-story building will be leased for about 40 years, with the option of an extension.

The hotel group, which also maintains two more units close to Syntagma, has submitted a plan for the transformation of the former ministry building into a hotel. The tender’s conditions provide for the group to operate the building to complete renovation works within three years.

One more new hotel, to be run by the Benakopoulos hotel company and with a capacity of 50 beds, is expected to open in central Athens by early 2015. The boutique hotel will be located on Dionysiou Areopagitou Street in a building owned by the company.

The investment for the project is estimated at 7.5 million euros.

Another boutique hotel, the Pallas Athena, was opened by the Daskalantonakis-Grecotel group close to City Hall in central Athens earlier this year.

Investment interest in the Athens hotel market has been rekindled thanks to the return of tourists to the Greek capital after five years of sliding figures. Around 90 hotels were forced to shut down in the capital and the Attica region during that period.

ekathimerini.com , Thursday May 15, 2014 (22:41)  
Eurobank cancels sale of Ukrainian unit
Greek tech firm inks deal with European Space Agency
Benchmark drops after statements in Germany
Troika visit as scheduled, ministry says
DNA link to three suspects sought for Distomo raid
The fingerprints and DNA of three suspects being sought in connection with an audacious bank robbery in Distomo, in the prefecture of Viotia, in August have been found in an apartment in Nea...
More Greeks turn to private health insurance
An increasing number of Greeks are seeking some form of private health insurance to supplement their state health cover, according to the results of a nationwide survey which pointed to a 60...
Inside News
TRACK & FIELD
Inside the minds of four Spartathletes
Think you could run 246 kilometers on just figs, olives and dried meat? Well, Greek-American ultra-marathoner Dean Karnazes will attempt to do just that in this weekend’s Spartathlon race fr...
SOCCER
Santos appointed Portugal manager
Fernando Santos, who led Greece to the last 16 of the World Cup in Brazil, has been appointed Portugal's new head coach, the FPF announced on Tuesday. "Fernando Santos, 59, is the new nation...
Inside Sports
COMMENTARY
A painful curse
It was a curse and a painful one at that. It was a brutal act that brings shame on the person who committed it, on the party which he represents, on the Parliament, on Greece and on everythi...
EDITORIAL
Europe’s choice
Tuesday’s meeting between Greek Prime Minister Antonis Samaras and German Chancellor Angela Merkel in Berlin is of crucial importance. It’s hard to deny that Greece has come a long way. The ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. DNA link to three suspects sought for Distomo raid
2. More Greeks turn to private health insurance
3. Eurobank cancels sale of Ukrainian unit
4. Greek tech firm inks deal with European Space Agency
5. Benchmark drops after statements in Germany
6. Inside the minds of four Spartathletes
more news
Today
This Week
1. Trolley bus, metro services to be disrupted Tuesday, Wednesday
2. Venizelos meets American Jewish officials in New York
3. German bond gains push 10-Year yield below 1% on stimulus bets
4. Supreme Court postpones decision on Finance Ministry cleaning staff
5. Construction material costs for new residential buildings decrease
6. Greek yields hit one-month high as Samaras looks to exit bailout
Today
This Week
1. ‘Greece can meet its needs on its own’
2. Greece at bottom of social justice scale among EU28
3. Central Athens traffic restrictions back in force on Monday
4. Record sum of new debts to the state in August
5. Lost in the fog
6. Alexander the Great's tomb not at Amphipolis, says Culture Minister
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.