Yannis together with the Group’s owners have had an ownership interest in over than 35 hotels of a widely diversified portfolio ranging from 4 and 5 star to deluxe properties and mid-market business and large conference hotels to boutique hotels and luxury resorts and city hotels.

Further to the above, Yannis was in charge of the Joint Venture with Aramark, for the needs of the Athens 2004 Olympics catering. This was the world’s biggest catering project sizing of 75k meals/day and this record was broken only once for the needs of the Beijing 2008 Olympics.
 

Since 2017 Yannis developed a collaboration with Hines and Henderson Park, starting with the franchise and management of the Grand Hyatt in Athens. This successful collaboration has been expanded as, currently, we manage 8 properties in Athens and Crete owned by our partners.

In 2018 Yannis acquired the former Radisson Park-Inn in Sofia, and turned it into a five-star hotel, after a renovation and development of the property. Maison is currently branded through an agreement with Accor which turned the Hotel to an “M-Gallery”.

We are active as owners and operators of Class A’ international hospitality chains (Accor, Hyatt, Marriott, Intercontinental-IHG) hotels & resorts.

The Group focuses on a diversified portfolio of upper upscale and luxury hotels located in South Eastern Europe.

Our hotels, mostly situated on prime locations, are complicated, stand-alone business that service sophisticated customers, demanding nothing less than the highest level of asset management expertise that delivers top line revenues and drives bottom line profitability.

Aggressive asset management and disciplined capital allocation is our core competency and our competitive advantage. We seek to maximize investors returns through a combination of revenues growth, operational improvements and appreciation of the net asset value.

We are intensively focusing on operational excellence. As for us the RevPAR is the key top line performance metric, we are focusing on maximizing it, as well as, the non-rooms revenue and EBITDA per room.

Our growth strategy is focusing on the:

• Ongoing evaluation of external growth opportunities in Southeastern and Central Europe
• Targeting assets where we can generate more value than other potential owners and managers
• Meeting rigorous qualitative and quantitative investment thresholds
• Creating value through targeted well studied capex plans
• We are tightly controlling expenses including food and beverage procurement and labor management systems Assets are operated as complex, mixed use properties with significant ancillary revenue.

Our management team has a vast depth of hotel acquisition, construction, finance and operation expertise. With more then 120 years of combined experience, our executive leadership team is widely regarded for our proven strategy, disciplined execution, and ability to drive unrivalled performance from our properties.

Guided by a disciplined approach to capital allocation and aggressive asset management, We have partnered with premium brands as Marriott, Hyatt, Accor and have achieved attractive IRR during the last years.

The Company is supported by a strong management team, whose members bring considerable experience in hotel operations, investments, asset management, finance and accounting, among many other vital disciplines.

Our strong networking capabilities allow us to identify and source investment hospitality projects in the most prospective Greek and South Eastern Europe industries. We have deep knowledge of the regional macroeconomic and microeconomic reality to advise on all aspects of a transaction, from deal origination to exit planning and provide a comprehensive approach to potential investments in the market.

A five-star hotel in the Athens city center and close to the Athenian Riviera as well, offering 321 rooms patio garden, swimming pool, SPA area, banquet spaces, roof top restaurant and pool, bars, and underground parking.

The already successful performance of the hotel led the owners to invest further on this project. Thus the Hotel is currently being expanded by 236 rooms, including a Royal Suite becoming the largest hotel in Athens and the biggest single Hotel in Greece.

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An Accor MGallery five-star hotel .Niko Seaside Resort is a new entry for Agios Nikolaos. A contemporary stylish hotel, located on the coastal line with panoramic views of Mirabello Bay. When it is a trip for just the two of you, an exclusive adult only escape can be just the ticket, 141 Luxurious rooms and suites of unique design, with their own plunge pool. Retreat by relaxing and enhancing your stay with the water element and enjoy Mediterranean and Cretan cuisine in our restaurants and bars, experiencing a journey of distinctive flavors.

Located just 10′ minutes walking distance from the picturesquely center of the city of Agios Nikolaos, Niko Seaside Resort welcomes its guests in a contemporary hotel that guarantees maximum luxury for a perfect stay.

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Apollonia Beach Resort and SPA with 336 rooms, bungalows and Suites offers all the comforts necessary for an enjoyable accommodation and memorable vacation.

Soon the Hotel will be under a refurbishment and branding process.

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The only 5-star hotel in Sitia with 165 rooms, situated right next to the sandy beach and 500m from the city center.

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There are 2 more Hotels which will be managed by our Group after their refurbishment that is currently executed and their repositioning. These are the former Hermes Hotel in Aghios Nikolaos and former Santa Marina Hotel in Heraklion. Both these Hotels located in Crete will be branded with a top A class Hotel chain.

Happy to announce that “Under ownership and management” section we can include Capsis Out of the Blue. An emblematic hotel complex in Crete of 465 rooms allocated in different units and several facilities.

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The Hotel is currently under a refurbishment and branding process. The ex Hermes Hotel will open its doors after its full refurbishment and will operate under a franchise agreement with Intercontinental.

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The Hotel is currently under a refurbishment and branding process. The ex Santa Marina hotel will be also branded with one of the 5 Class A’ international hospitality chains.

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During socialism, the Metropol Hotel became an east window to the westward world. Some of the most famous individuals from the 60s and the 70s, such as Anthony Quinn, Brigit Bardot, Elisabeth Taylor, the king of Ethiopia Haile Selassie, chess master Bobby Fisher, and countless politicians, Nehru from India, Nasser from Egypt, Nicolay Ceausescu from Romania, Leonid Brezhnev from the former SSSR were regulars at the hotel.

During the Conference of the unaligned movement in 1961, there were 30 heads of state and over 3000 guests present at the reception held in Metropol. Elizabeth Taylor and Che Guevara, both stayed in its apartments as gusts of Josip Broz Tito. Once the most beloved hotel of Belgrade, originally opened in 1957, The Metropol reopened after a 5 year complete remodel and reconstruction as the Metropol Palace, a Luxury Collection hotel.

Located in the very heart of Belgrade, on kralja Aleksandra Boulevard, close to all of the city’s main attractions, and overlooking the Tasmajdan park, the Metropol Palace is the perfect place for both business and leisure travelers.

The hotel offers the largest conference center, accommodating up to 1000 invitees in one conference room, it features 198 beautifully appointed guest rooms and 38 suites designed in contemporary style, with complimentary use of the spa & wellness center and a fine dining restaurants on the roof top and in lobby area overlooking one of the most beautiful part of the city surrounded by parks.

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A hotel with 241 rooms and the largest convention center (1,800 sq.m.) located in the heart of the historical center of Sofia, operating since the 1950s.

The property refers to a trophy asset, adjacent to the Presidential Palace (ex Palace guest house) and it is located in the heart of the vibrant city life, art venues, entertainment and shopping areas, as well as, the governmental offices.

Sofia Hotel Balkan is a joint-stock company headquartered in the capital of Bulgaria, Sofia. Its stock is publicly traded in the “Unofficial market of securities” of the Bulgarian Stock Exchange.

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An Accor MGallery five-star hotel situated on a land plot located in Sofia City close to the airport, and currently offers 99 rooms of all types, restaurant, outside garden, swimming pool, SPA area and SPA reception, corridors, lobby bar and underground parking.
Also, the hotel operates 2 conference halls.

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Each of our hotels is a complicated, stand-alone business that services sophisticated customers , demanding nothing less than the highest level of asset management expertise that delivers top line revenues and drives bottom line profitability.

Agressive asset management and disciplined capital allocation is our core competency and our competitive advantage. We have a focused and disciplined long term strrategic plan to acquire high quality lodging assets in prime urban and resort locations which have the potential for significant capital appreciation. We seek to maximize investors returns through a combination of revenues growth, operational improvements and appreciation of the net asset value.

Our primary target is to enhance and expand our high end hotel portfolio. Our goal is to acquire luxury hotels in unique location with multiple revenue streams managed as mixed used assets.

We will take advantage of the significant discount on which some properties are priced (distressed market), achiev- ing superior investment returns and provide attractive long-term yields. We are intensively focusing on operation- al excellence. Our revenue management systems are focused on driving ADR.

As total RevPAR is for us key top line performance metric, we are focusing on maximizing RevPAR, non rooms reve- nue and EBITDA per room.

We are tightly controlling expenses including food and beverage procurement and labor management systems Assets are operated as complex, mixed use properties with significant ancillary revenue.

Our vision is to be the premier hospitality Real Estate Investment Trust in South Eastern Europe.

Opportunistically evaluating high-end assets in attractive markets that will deliver a return that exceeds the Company’s cost of capital

• Ongoing evaluation of external growth opportunities in Southeastern Europe
• Target assets where we can generate more value than other potential owners
• Must meet rigorous qualitative and quantitative investment thresholds
• Create value through proven asset management platform
  – Operational improvements
  – Capital investment plans
• Price and leverage discipline are critical
• Repositioning and Rebranding
• Cooperating with international hospitality chains having franchise contracts

As a dedicated operator of luxury 5 star hotels, we offer a “total management solution” to hotel owners, companies or investors, demonstrating successful results in hotel services in various types of hotels.

Provision of High Quality and Value-for-Money hospitality to the quests by recognizing and servicing their needs and demands;

Developing and executing annual Business, Sales and Marketing Plans

We provide a wide variance of High Quality and Value-for-Money hospitality management and consulting services:

• Supporting the investors through the underwriting process of acquisitions
• Repositioning, Conceptualization and Rebranding advisory services
• Cooperating with international hospitality chains under franchise contracts
• Architecture and Interior Design
• Construction – Maintenance Services
• Procurement of the FF&E and OSEE services

• Contracting policy with major domestic & international corporate clients and Travel Agents and Tour Operators
(Allotment contracts, on-request contracts, rates & discounting etc.);
• Revenue Management to maximize room sales and acquire the optimum level of occupancy and average rate
(Room sales yield analysis, booking position forecasts, stop-sales techniques etc.);
• Development of loyalty clubs

• Recruitment, Selection process of personnel
• Managing on a day-to-day basis of the personnel staffing plan
• Personnel Development, Training Planning – Implementation

CONTROLLING AND MIS REPORTING

• Accurate and constantly up-to-date financial reports including monthly profit & loss statements, productivity reports, f&b cost reports, analytical expenses reports.
• A reliable financial analysis and accurate reporting of operating revenues and costs are the most significant tools for the owner/manager to measure the hotel’s profitability, identify problem areas, take corrective action and most importantly, make future decisions.
• Tailor-made Budgeting and Forecasting of revenues, payroll & related expenses and operating costs