New Hotel investment in Piraeus by Wyndham
New Hotel investment in Piraeus by Wyndham
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New Hotel investment in Piraeus by Wyndham

The new hotel, with a capacity of 65 rooms, is being developed by Zafido Holding Ltd.
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RE+D magazine
03.02.2025

Wyndham Hotels & Resorts has signed a collaboration agreement with the construction company Zafido Holding Ltd for the development of a hotel in Piraeus.

The hotel group will invest in the emerging tourism market of Piraeus starting in 2026 with the opening of the TRYP by Wyndham Piraeus Port hotel.

The new hotel is scheduled to open in September 2026 in a building complex located at 83 Kolokotroni Street and Sotirios Dios Street. With a capacity of 65 rooms, the new hotel in Piraeus will feature, among other amenities, a restaurant-bar and a fitness center.

Vasilis Themelidis, Regional Director for Southern and Eastern Europe at Wyndham Hotels & Resorts, stated: "The agreement between Wyndham Hotels & Resorts, the world’s largest hotel franchising company, and Zafido Holding Ltd, which is implementing dynamic business plans in the hospitality sector, is a recipe for success in operating a distinctive hotel in the emerging Piraeus market. We believe this location will become a leading destination in the hospitality industry in the coming years. At the same time, Wyndham Hotels & Resorts is further expanding its presence in Attica, extending its partner network with a company that is executing high-quality investments. With a strong position among the leading international hotel brands in Greece, Wyndham Hotels & Resorts benefits from its successful partnerships, including access to approximately 112 million registered members in its customer loyalty program. The majority of these members come from the United States, a particularly important tourism market for Greece, which continues to show upward trends in both arrivals and travel receipts."

Mr. Thomas Kyriacou, CEO of Zafido Holding Ltd, remarked: "The expansion of Zafido Holding Ltd into the hospitality sector is a strategic priority for us, as we recognize the dynamic potential of the tourism industry and its contribution to the economy. We are particularly excited about our partnership with Wyndham Hotels & Resorts, one of the world’s largest and most reputable hospitality groups. Through this strategic collaboration, we aim to create hotel units that combine innovation, high aesthetic standards, and exceptional construction quality, providing unique experiences for our guests. Additionally, our company is preparing other projects in Athens, Piraeus, and Thessaloniki, including a five-star hotel in Mikrolimano with approximately 100 rooms and suites featuring all modern amenities, as well as a boutique hotel in Syntagma, housed in a renovated historic neoclassical building. We are proud that our team continues to lead the way by investing in projects that meet the demands of the modern market.