US EditionHip Adds Its Third Hotel in Crete
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Hotel Investment Partners (HIP) has announced the acquisition of the hotel Phaea Cretan Malia Park, a five-star resort located on the beachfront on the northern coast of Crete. The operation expands the company’s presence in the Greek market, where it already adds eleven assets in destinations such as Corfu, Rhodes, Zante, [...] La entrada Hotel Investment Partners (HIP) acquires its third hotel in Crete and will invest 7 million in its repositi…
The group will invest an additional 7 million euros in the updating and repositioning of Phaea Cretan Malia Park, a five-star resort located on the beachfront on the north coast of the region. Read
Hotel Investment Partners (HIP) adds presence in Greece with the acquisition of a third hotel on the Greek island of Crete, the Phaea Cretan Malia Park, a five-star resort located on the front line of the beach in the northern part of the island, in which it will invest 7 million euros to reposition it. The funds managed by Blackstone have acquired the hotel from Phea, one of the main local operators. The repositioning and updating plan of the a…
Originally published in Brains Real Estate News HIP adds its third hotel in Crete (Greece) with the addition of Phea Cretan Malia Park 14 Hotel Investment Partners (HIP) has reinforced its presence in Greece with the acquisition of its third hotel on the island of Crete. The new asset, Phea Cretan Malia Park, is a five-star resort located on the beachfront in the northern part of the island. With this operation, HIP reaches a total of eleven pro…
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