Major hotel companies to enter Greek market

The latest report by GBR Consulting on Greek tourism and hotels, which Kathimerini has seen, reveals that two major global players in the hotel industry, Banyan Tree and Fairmont, are getting ready to enter the Corfu market.

Banyan Tree will enter via the Angsana Hotel chain in 2017, with Fairmont to follow a year later.

Both groups had previously expressed an interest in Greece which had failed to materialize.

Singapore-based Banyan Tree controls 29 hotels across the world, while Fairmont belongs to the FRHI Hotels and Resorts group, which controls 110 hotels globally.