Atika group announced on Tuesday about its further expansion of Greece’s tourism industry with the acquisition of the owner company Tinos beach hotel by its subsidiary Attica Blue Hospitality.
The leading coastal shipping company in Greece, Attica Group is the parent company Super fast ferries, Blue Star Ferry, Greek sea routes and Africa Morocco Link.
Attica Blue Hospitality, the hotel division of the group, has acquired the company that owns the Tinos Beach Hotel for a full fee 6.5 million eurosfinanced with a bank loan and own funds.
Photo source: tinosbeach.gr
Located on a Cycladic island Tinos, in the Kionia area, the Tinos Beach hotel complex is built on a total area of 14,500 square meters. The hotel has 180 numbers and consists of a three-story building with a basement and three bungalow complexes. Attica Blue Hospitality plans to update and modernize the hotel’s equipment.
“The acquisition of Tinos Beach is another step in Attica Group’s investment in the hospitality industry, allowing it to provide a wider range of services and products related to tourism, while strengthening its financial position by investing in sectors that provide immediate synergies,” – Attica Group said. in the ad.
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