A meetup in between Greek Development and Investment Minister Adonis Georgiadis and Israel’s Brown Hotels speaks of Greek expansion plans.
According to the news, Mr. Georgiadis met with Brown Hotels’ Shay Penso and Meni Weitzman to discuss development and investment in the Greek real estate market.
Brown Hotels, based in Israel, runs a number of boutique hotels in Tel Aviv and Jerusalem and has also expanded operations in Croatia.
Brown Hotels’ hotel brand has already taken over the lease of the former three-star La Mirage on Omonia Square, which has been closed since 2011. Other interests in Greece properties and an investment plan are in the reports as well.
The Tel-Aviv based boutique hotel collection is said to have acquired a number of properties in Athens and has an investment plan to convert them into boutique hotels for young travelers.
Brown Hotels’ Poli House was named a Top 7 Notable New Hotels by the New York Times. The boutique hotel chain is dedicated to design, innovation, style, and especially service. The hotels have been recommended by the world’s leading international lifestyle, design and travel publications such as Vogue, Times, wallpaper, Travel and Leisure, Conde Nast Traveler, National Geographic, NY Times and more.
According to a GTP story, one of these properties is the former Acropol hotel, also located near Omonia Square, which closed down some eight years ago.