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ON Residence Thessaloniki to open on Q1 2022

Thessaloniki will welcome not only a legendary restaurant that brings back the glamour of a bygone era, but also a unique hotel that aims to redefine luxury hospitality in Greece’s co-capital.

The emblematic ON Residence, a partnership between TOR Hotel Group and Grivalia Hospitality, is one of Greece’s most anticipated hotel arrivals, breathing new life into the centre of Thessaloniki.

The lights at the historic "Olympos Naoussa" are about to turn on again. Thessaloniki will welcome not only a legendary restaurant that brings back the glamour of a bygone era, but also a unique hotel that aims to redefine luxury hospitality in Greece’s co-capital.

A true seafront jewel in the heart of the city with unobstructed views of Thermaikos bay, ON Residence marks a new chapter for the TOR Hotel Group, one of Greece’s most established hospitality firms, operating since 1925. In addition, its opening is a vote of confidence in the tourist market of northern Greece by leading investment fund, Grivalia Hospitality. The project, a joint endeavour between the two companies, amounts to an investment of 20 million euros. The iconic restaurant "Olympos Naoussa" was the heart of Thessaloniki’s jet-setting society for decades, acting as a favourite hangout for celebrities and politicians such as former prime ministers George Papandreou and Constantine Karamanlis, Giscard d'Estaing and many more until its closure in the mid-90s.

Now, Olympos Naoussa returns to the city of Thessaloniki. Our vision to revive the historic restaurant, and together with the Tornivoukas family, to create a hotel destination of unparalleled beauty and a high level of service is close to completion. We are certain that all visitors will love and embrace it, as we did from the first moment. Grivalia Hospitality is currently implementing an investment program of over €500 million which will contribute to the strengthening of our country's competitiveness in the international arena of luxury tourism", says George Chryssikos, CEO of Grivalia.

ON Residence will have 60 lavishly designed rooms and suites, and the main restaurant "Olympos Naoussa" on the ground floor, along with a beautiful inner courtyard, the cocktail bar “Tiger Loop”, a modern gym, and a specially designed mezzanine ideal for business meetings and events.

For Konstantinos Tornivoukas, CEO of TOR Hotel Group, ON Residence is a key project for the company and for Thessaloniki itself. "After the violent shutdown of the Mediterranée Hotel by the catastrophic earthquake in 1978, my dream has always been to be able to return to the city’s seafront with a project that would have the dynamics of the legendary hotel founded by my grandfather in 1925. When the property that housed Olympos Naoussa, which was connected to the Mediterranée due to their close proximity and similar history, went up for auction I considered this more than a business opportunity. It was also an act of gratitude from our family towards our beloved city to restore this historic restaurant, and at the same time create a hotel of high standards that would turn the page for luxury hospitality in Thessaloniki. The partnership between TOR Hotel Group and Grivalia Hospitality has allowed us to realise this dream."

A luxurious design that connects the past with the present The property that houses ON Residence was based on designs by renowned Greek-Jewish architect Jacques Mosse and was built in 1926. It is a typical example of Thessaloniki’s eclecticism during the interwar period, with elements reminiscent of the Belle Époque and neoclassicism. The important and delicate past of the building essentially provided the guidelines for its restoration process, completed by the architects Diversity Group and Dimitris Thomopoulos who collaborated on the project.

The preservation of the facade and the decorative elements of the building were completed according to the instructions of the Ministry of Culture. The architects took extra care to not only bring to the surface all the features that made the building unique, but also to carefully combine them with elements of today, always guided by the aim to achieve a harmonious coexistence.

The award-winning architects Nikiforidis and Cuomo undertook the design of the surrounding communal areas, while the office of Nikos Fletoridis was responsible for the architectural study. The interior design was done by French decorator Fabienne Spahn, who wanted to give a renewed classic art deco style to the project, enriching it with a discreet luxury that matched the character of the building. "On my first visit to the place, I felt that I was at the house of 'Sleeping Beauty'. Bringing the place back to life using modern design elements but fully respecting the building’s architectural heritage was a big challenge. It reminds me of wonderful brasseries in Paris with their neoclassical charm", she says.

The front desk has been inspired by the '50s, with elements of velvet, wood and brass. In the main restaurant, a space that is more closely connected to the history of the building, the textures, the bronze lamps from blown glass, and the furniture, all move in art deco rhythms. The palette is in grey and blue, the trademark colours of the historic restaurant, while the beloved bistro chairs that once existed here have been redesigned for greater comfort.

The hotel has 60 rooms in different categories: Standard Rooms (Courtyard View), Deluxe Rooms (Sea Front View), ON Suites (Junior Suites) and ON Residences (Suites). In the rooms’ decoration, classic design meets calm luxury with soft, natural colour tones and touches of light pink and green. High quality materials and bold designs on the carpets complete a timeless chic backdrop. Amenities such as Marshall speakers, Nespresso coffee machines and 55-inch televisions set the tone for ON Residence.

As always, gastronomy is in the foreground
The important gastronomic heritage of “Olympos Naoussa” and its influence on Thessaloniki’s food culture were the guiding principles for the hotel’s namesake main restaurant. The elegant interiors blend beautifully decorative elements from the past and from European bistros, juxtaposing them with a modern, urban aesthetic. In addition to the refined ambience inside the restaurant, the visitor is invited to discover a unique, "hidden" evergreen courtyard. It is a rare oasis of relaxation in the bustling city centre and something that has definitely been missing from Thessaloniki.

The food offering is led by executive chef Dimitris Tassioulas, the main representative of a new, highly dynamic generation of chefs from Northern Greece, with important and award-winning projects, such as Sebrico and Thria, which Sunday Times Travel magazine awarded the title Gourmand's Destination in 2019. "The roots of my cuisine are spread in the kitchens of the Jews, the Slavs, the Ottomans, the Smyrnaeans, the Pontus. My ambition is to deconstruct and recompose the gastronomic tradition of the place into a modern proposal, which expresses this city and matures with it. Materials and traditions from the Mediterranean basin combine with innovative techniques and bold ideas, to bring a piece of history to the desires of today," he says.

The F&B offering is completed by Tiger Loop, a cosy cocktail bar with art deco elements. Here, black, gold and deep red dominate; the space is full of movement and energy. The catalogue is curated by the award-winning bartender and entrepreneur, Achilleas Plakidas. Known for creating popular hangouts such as Gorilla and Mahalo, here he is called to give a cosmopolitan twist to the drink menu.

Both of these collaborations show the culture that ON Residence carefully builds, aiming to function as a connecting link between people and experiences. At the same time, it underlines the commitment of the hotel to further respective synergies that will continue to promote the culinary identity and the unique cultural character of Thessaloniki.

Tatiana Rokou

Tatiana is the news coordinator for TravelDailyNews Media Network (, and 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.