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Cypriot Company sells hotels to US company in £143 million deal
© Parikiaki | Cypriot Company sells hotels to US company in £143 million deal

Blackstone Real Estate Partners Europe, a unit of US private equity firm Blackstone Group, agreed to buy five hotels in Greece from Louis Group in a deal valued at 178.6 million euros (197 million dollars), the firm said on Friday.
Greece has seen an upsurge in tourism in recent years. A record number of about 33 million visited year.

The five hotel businesses are all located in the Greek islands – two in Corfu, two in Zakynthos and one in Crete.
Under the deal, Louis group wi….. Read More On: Parikiaki

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