The acquisition price is €97 million.

The group has been incorporating in the hotel industry since 1993, particularly specialised in the hospitality sector and focuse in detail.

In 2023, Accor opened 291 hotels, corresponding to 41,000 rooms, i.e., net network growth of 2.4% in the last 12 months.

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.

Istanbul has the highest number of hotels with 221, followed by Antalya with 155 and Muğla province with 73.

The Boutique Hotel mark is an official certification for small hotels in Greece that offer exceptional aesthetics and innovative services.

The investment project has a budget of €107.6 million and involves the renovation of the Kallithea hotel complex, which spans 158 acres and boasts 850 meters of beachfront.

Isrotel, a hotel chain with 23 hotels across Israel, has launched a new expansion under the name ALUMA.

The average Revenue per available rental night (RevPAR) in 2023 was €90, which shows a 9.8% year-on-year increase and an incredible 36.8% increase from 2019.