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Zeus International Hotels and Resorts has acquired several properties in Italy and Greece, a strategic announcement which is part of the group’s ongoing expansion into privately owned hotels in Europe, as well as managing properties under long-term lease or with third-party owners.
In Italy the group acquired the Dolce Milan Malpensa hotel, and in the Lazart Hotel Trademark Collection by Wyndham in Thessaloniki, as well as a five-story property in Athens from PRODEA Investments. The group already owned the lease for both hotels.
The Dolce Milan Malpensa hotel complex located in Lombardo features 207 rooms, a restaurant, and a cafe-bar as well as conference facilities, fully equipped to accommodate up to 700 people. It is located just 7 kilometres from Malpensa Airport and within close proximity to Milan’s historical attractions.
The award-winning 5-star Lazart Hotel in Thessaloniki is a fusion of contemporary luxury and creative design boasting spacious rooms with unparalleled views in the city. It is located in a prime location, just 10 minutes from the cosmopolitan city centre and across the street from the cultural site “Lazarist Monastery”.
The 3 investments brings the total number of Zeus’ privately owned hotels in its portfolio to 9 across Southeast Europe, namely in Greece, Italy, Romania and Cyprus.
These acquisitions are in-line with the Zeus International Group’s 10-year plan to establish itself as one of Europe’s foremost hospitality management companies through new investments and strategic partnerships while simultaneously increasing the number of privately owned hotels in its portfolio.
In the last 7 years, the group has been investing more than 250 million into new developments while establishing strategic partnerships with major global hotel brands such as Wyndham and Hilton to expand its portfolio to include 20 hotels with approximately 4,000 rooms.
With this strategy, the group brings the total number of hotels owned by Zeus International to nine, marking an important milestone in the group’s journey and bolstering its expansion in the European market. These new additions to the company’s portfolio demonstrate our dedication to the advancement and development of tourism and hospitality in Greece and abroad. We will always be dedicated to promoting authentic hospitality through Zeus International’s experience and know-how.
Haris Siganos, Founder and Managing Director of Zeus International Hotels and Resorts
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