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Attica group expands its presence in Greek hotel industry

Attica Group expands in hospitality with the acquisition of the owning company of “Tinos Beach” a hotel on Tinos island, in Greece.

Attica Group  expands further its presence in the Greek tourism industry and announces the acquisition of the owning company of “Tinos Beach” hotel by its subsidiary Attica Blue Hospitality for a total consideration of Euro 6.5 million, financed through a bank loan and own funds.

Tinos Beach is located in the Cycladic island of Tinos, in the area of Kionia. The hotel complex is constructed on a total surface area of 14,500 sqm, has 180 rooms and consists of a three story building with basement and three bungalow complexes. Attica Blue Hospitality will upgrade and modernize the hotel facilities.

The acquisition of Tinos Beach is another step in Attica Group’s investment in the hospitality industry, allowing for the provision of a wider range of tourism related services and products, while strengthening its financial position through investment in sectors offering immediate synergies.

Tatiana Rokou

Tatiana is the news coordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes monitoring the hundreds of news sources of TravelDailyNews Media Network and skimming the most important according to our strategy.

She holds a Bachelor's degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.

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