Kerzner International Holdings Limited has signed a tourist resort management contract with Grivalia Hospitality S.A. for the One & Only Aesthesis to be built in Athens. The area of 210 acres where the development will take place in “Asteria Glyfada”, facing the sea, is part of a larger area which also includes a protected forest area of 6 acres and meets the demand for additional One & Only experiences in Europe, a relevant announcement stated.
It is pointed out that the opening of One & Only Portonovi in Montenegro took place in Europe recently, while One & Only Kea Island in Greece is already developing, accelerating the strategic development of the One & Only portfolio.
“At Kerzner International we are very excited about Athens’ inclusion in our European footprint. This select seaside location, just outside the city center, is great: the perfect destination to start or complete any Greek adventure, through the ultra-luxurious One & Only experience,” commented Philippe Zuber, CEO of Kerzner International . “Our partners at Grivalia are leaders in Greek real estate and are committed to honoring the site and creating a unique legacy for the future,” he added.
“Grivalia Hospitality is excited to revive a landmark along the Athenian Riviera and join forces with Kerzner International, a distinguished world leader in luxury hospitality, under the One & Only brand. One & Only Aesthesis will operate in one of the most emblematic and cosmopolitan beach attractions of Athens, which was originally designed by distinguished Greek architects. Since their development in the mid-1950s, cabanas, nightclubs and the beach have hosted the cream of local and international jet-sets. “Upon completion, this modern hybrid tourist resort city will be a unique destination of high quality in the Mediterranean, throughout the year”, commented George Chrysikos, founder and Chairman of the Board of Grivalia Hospitality.
Latest News
PM Mitsotakis Outlines 2025 Goals for Growth and National Interests
"The government’s work will remain intense and multifaceted, so that day by day, something changes and the lives of all citizens become better," the prime minister stated
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.
Greece’s Trade Deficit Surges by 18.7% in Nov. 2024
For the first 11 months of 2024, the total value of imports reached 77.3793 billion euros, a 1.9% rise compared to 75.9482 billion euros in the same period of 2023.
Installing EV Chargers in Your Building is Harder than You Think
So, you just bought an EV in Greece and can’t wait to set up a charger in your apartment building’s parking space? Not so fast—there are a few hurdles you’ll need to clear first.
Greece Announces Grants to Unemployed for New SMEs
Unemployed individuals seeking 12-month grants to fund the creation of new SMEs can apply online until January 21.
Port of Piraeus Reports Record-breaking Year for Cruise Sector
First cruise ship of the season, Viking Saturn, greeted at Greece's largest, busiest port
Greek Energy Minister Skylakakis Announces Subsidies to Mitigate Electricity Prices
“When prices exceed a certain threshold, we intervene,” said Skylakakis