Economy

End of an era, beginning of another: Hilton Athens closes to transform into a luxury complex

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End of an era and beginning of another for the emblematic Hilton Athens, which closes to be transformed into a luxury complex. The Athenian landmark opened its doors in 1963, was completely renovated in 2003, is one of the most important landmarks of the city and will be rebuilt to transform it into a multi-dimensional destination under the name Conrad, with smaller capacity beds, but with luxury homes and leisure activities. and culture.

The relevant investment of the owner Ionian Hotel, in infrastructure and equipment will exceed 130 million, in addition to the 145 million that has already been spent from 2016 onwards for the acquisition of the property. In total, the investment will exceed 275 million. The new complex will be completed by the end of 2024. Until then, the Hilton Hotel will be closed from 31 January 2022 until the end of 2024.

The company decided to provide strong incentives for the approximately 300 employees to adopt a voluntary retirement plan, which includes benefits much higher than the statutory allowances but also a preferential status for their evaluation for employment in the new hotel units TEMES opens on Costa Navarino in the near future.

Today the historic hotel has 506 spacious rooms, including 34 suites. The Hilton Athens has 18 conference rooms, the largest of which can accommodate up to 1,600 people.

The hotel has 2 restaurants: the award-winning Galaxy Bar & Restaurant, which offers stunning views of the Acropolis and the Byzantine restaurant with Mediterranean cuisine.

From October 1, 2001, an operation and management contract was implemented with Hilton HELLAS SOLE SHAREHOLDER LTD. which is the manager of the operation and the management of the hotel in the name and on behalf of “IONIKI HOTEL ENTERPRISES SA”.

Hilton Athens was the IOC headquarters during the 2004 ATHENS Olympics.

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