Hotel Investment Opportunities in Greece

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Hotel Investment Opportunities in Greece

The Association of Greek Tourism Enterprises (SETE) has recently commissioned the consulting firm McKinsey & Company, a feasibility study in seeking ways to consolidate the annual industry revenues to a level of 18 billion euros.


As the demand for hotel facilities is expected to increase steadily in Greece, the affluence of foreigners this summer brings in an new type of visitors:  Managers from various Global level Distress Funds and R.E.I.T.s are exploring investment opportunities in the local Hotel Property market. The completion of the recapitalization of banks and their mergers are paving the way for the sale of their real estate portfolios.

 

Focal has managed the realization of an impressive portfolio of hotels and integrated hospitality resorts and serviced residential complexes. Property technical audit, capex benchmarking, but also Design Project Management and full Construction Management are part of our fields of expertise.