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Viohalco in deal with Hilton hotel in Athens

Hilton<.> International and Viohalco recently signed a memorandum of understanding opening the way for the start of negotiations to build a second Hilton hotel in…

Hilton<.> International and Viohalco recently signed a memorandum of understanding opening the way for the start of negotiations to build a second Hilton hotel in Athens, thus strengthening Hilton International`s presence in Greece. Hilton Hotels Corporation and Hilton International, a member of Hilton Group Place, operate more than 2,000 hotels in 55 countries. In accordance with the terms of the arrangement, Hilton International, now with two hotels in Athens and the Hilton Rhodes Resort, is obligated to take over the management of the hotel and the is set to be constructed on a site owned to Viohalco in central Athens and have the capacity of 280 rooms with restaurants and conference facilities. Moreover, the new hotel, is expected to operate in mid-2003.

Theodore Koumelis
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Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.

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