According to the company, this investment forms part of the group’s strategy to diversify its activities, aiming to create an integrated tourism offering that combines transportation and hospitality services.
Attica Group’s entry into the hotel sector was initiated in 2021 through its subsidiary Attica Blue Hospitality, starting with the acquisition of the Naxos Resort Beach Hotel. The group subsequently proceeded with the acquisition of the Galaxy Hotel as well as the Tinos Beach, gradually building a portfolio of tourism properties in island destinations with growth potential.
According to management, the strategy focuses on islands served by the group’s ferry network, with the aim of leveraging synergies and developing service packages that combine transportation and accommodation. Particular emphasis is placed on less saturated destinations in the Aegean, which demonstrate prospects for further tourism development.
High-Standard Hospitality Unit
The new Tinos Beach, located at Kionia Beach, a short distance from the port of Tinos, is being repositioned in the market as a high-standard hospitality unit. With a capacity of 151 rooms and suites, the hotel will feature, among other amenities, a conference center, wellness and spa facilities, as well as dining and leisure areas, targeting guests seeking refined luxury experiences.
The study and redesign of the renovation were undertaken by the architectural firm Tsolakis Architects, with a central focus on highlighting local identity through the use of natural materials and the incorporation of elements of Cycladic architecture. At the same time, particular emphasis is placed on the property’s gastronomic identity, with a focus on utilizing local products and raw materials.
The group’s management estimates that its expansion into the hotel sector represents a natural extension of its activities in hospitality, leveraging the expertise developed through the operation of its ferry fleet. In this context, the group already manages a significant number of berths and onboard dining outlets, which, as noted, creates the conditions for the development of a vertically integrated tourism services model.
The investment in Tinos is part of a broader plan to strengthen the group’s presence in selected destinations, aiming to create added value both for the company and for local economies, through the upgrading of infrastructure and the extension of the tourist season.
