Theoxenia Hotel, Renovation, Myconos, Greece

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Project date: 2003 - 2004

Services: Funders Representation

Project owner: First Business Bank

Location: Myconos, Greece


First Business Bank appointed Focal to provide accounts and cost monitor during re-construction works of the historic Theoxenia hotel in Myconos which involved repairs, service infrastructure upgrade and modern interior decoration and furniture fit out . The mission included follow up and evaluation of project implementation schedule, and review of contractor’s monthly statements, as well as payment certifications management. Monitoring also included progress executive reporting and recommendations on remedial actions.