![New One & Only resort in Athens by Kerzner International](https://www.ot.gr/wp-content/uploads/2021/06/OneOnly-Aesthesis_Villa-One_Master-Bedroom-scaled.jpg)
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.
![ot.gr](/wp-content/themes/whsk_otgr/common/imgs/fav.ico/favicon-32x32.png)
![ot.gr](/wp-content/themes/whsk_otgr/common/imgs/fav.ico/favicon-32x32.png)
Latest News
![Greece’s Labor Market Trends; Job Vacancies Surge](https://www.ot.gr/wp-content/uploads/2024/04/ot_tourismos_ergazom-600x352.png)
Greece’s Labor Market Trends; Job Vacancies Surge
According to the latest data job openings soared to a record high of 70,826 positions in the first quarter of 2024, marking a remarkable 115.6% annual increase.
![Eurostat: Inflation in Greece and Euro area at 2.5% in June](https://www.ot.gr/wp-content/uploads/2024/07/inflation-2048x1365-1-600x400.jpg)
Eurostat: Inflation in Greece and Euro area at 2.5% in June
Final figures on inflation for Greece came in slightly worse than the preliminary figure of 2.4%, released by ELSTAT at the start of July
![Greece Acts to Protect Consumers amid Soaring Electricity Prices](https://www.ot.gr/wp-content/uploads/2024/07/photo_2024-07-17_16-15-21-600x399.jpg)
Greece Acts to Protect Consumers amid Soaring Electricity Prices
Skylakakis outlined the government's initiatives but withheld specifics regarding the emergency tax and bill subsidies, which are slated for finalization by late July.
![Cruise Industry Opposes New EU Plan for Piraeus Port](https://www.ot.gr/wp-content/uploads/2024/07/396121953_881827319967534_9198009856198617419_n-1024x793-1024x793-1-1-600x465.jpg)
Cruise Industry Opposes New EU Plan for Piraeus Port
According to the Plan, cruise ship passengers will be transported by shuttle boats from Piraeus port to the Peace and Friendship Stadium (SEF), so that they can then travel to Athens
![Greek State to Reopen 3.875% Bond on Wed.](https://www.ot.gr/wp-content/uploads/2024/07/bonds-2048x1365-1-600x400.jpg)
Greek State to Reopen 3.875% Bond on Wed.
Bond of 3.875% is set to mature on March 12, 2029
![Critical Week for Greece-Cyprus Cable](https://www.ot.gr/wp-content/uploads/2024/07/kalodio_elladas_cyprus_israil.jpeg)
Critical Week for Greece-Cyprus Cable
The study concluded that the social benefits of the interconnection, totaling 8 billion euros, far outweigh its 1.9 billion euros construction cost, resulting in a net social benefit exceeding 6 billion euros.
![Roberta Metsola Re-elected President of European Parliament](https://www.ot.gr/wp-content/uploads/2024/07/2024-07-16T110250Z_1107936467_RC2BW8AZP0U4_RTRMADP_5_EU-PARLIAMENT-2048x1366-1-600x400.jpg)
Roberta Metsola Re-elected President of European Parliament
Her second term will be for a period of two and a half years
![ELSTAT: 1.5% Increase in Business Turnover in May 2024](https://www.ot.gr/wp-content/uploads/2024/07/epixeiriseis_2-600x414.jpg)
ELSTAT: 1.5% Increase in Business Turnover in May 2024
The most significant increase in turnover in May 2024 compared with May 2023 was recorded from the enterprises of the Accommodation and Food Service Activities, sector which grew by 14.8%.
![Cosco: Container Traffic Decline at Piraeus Port Continues](https://www.ot.gr/wp-content/uploads/2024/07/olp1-scaled-1-2048x1312-1-600x384.jpg)
Cosco: Container Traffic Decline at Piraeus Port Continues
This strategic shift has diminished Piraeus's standing as a prominent Mediterranean port and a key transshipment hub post-Suez Canal.
![Gov’t Eyes Return of Power Subsidies Amid Spike in Rates](https://www.ot.gr/wp-content/uploads/2024/07/power-lines-2048x1365-1-600x400.jpg)
Gov’t Eyes Return of Power Subsidies Amid Spike in Rates
According to reports, the government will resume an electricity subsidization program, given that forecasts cite disruptions – i.e. higher rates