Strategic expansion of REDS into the Luxury Hospitality Sector.

The hotel will operate under the management of Trésor Hospitality, within the framework of a franchise agreement with the Accor Group.

Α coastal area of 76,379.00 sq.m. is being granted for use.

Surging demand for urban tourism in European countries.

HVS: 2024 European Hotel Investment Market Review

The property, located in the Pounta area, has a capacity of 100 rooms.

On popular islands such as Mykonos, approximately €11,000 is required to rent an 18-square-meter residence.

In exchange for an annual variable fee expected to exceed €7 million over a period of 40 years.