The Cypriot group presented an investment plan with a three-year horizon.
Total European hotel investment volume for the year finished 19% below 2022 according to the "HVS European Hotel Transaction" report of HVS.
This new policy, as well as the strengthening of the rules for outdoor security cameras, will take effect on April 30, according to the company.
The property overlooks the Aegean Sea and features six food and beverage venues.
The acquisition price is €97 million.
.jpg?width=1024&height=480&rmode=crop&quality=75&format=jpg&token=aFeh5jvY9uZydUiAe844YQV%2F0UNSuhy3OHHZjnqgbDU%3D "International sustainability certification for Costa Navarino's golf courses")
Costa Navarino has received the GEO certification from the GEO Sustainable Golf Foundation, an international non-profit organization that evaluates golf courses based on their sustainability practices.
The 2023 Annual Survey for the Hotel Industry conducted by ITEP.
Aro Palace features 189 guest rooms and suites and a further 67 executive rooms and suites, a spa, bars, and business lounges.
Istanbul has the highest number of hotels with 221, followed by Antalya with 155 and Muğla province with 73.
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