Wyndham and Zeus International Announce Two New Hotels in Greece and Cyprus

Date: October 2018

Location: Crete, Greece and Nicosia, Cyprus

Names: Wyndham Grand Mirabello and Wyndham Nicosia – both opening 2019

No. of Keys: 311 and 140

Was: Mirabello Beach & Village (Crete)

Owner: Global hospitality Wyndham Hotels & Resorts and its partner in Greece, Zeus International, announced the branding of two new hotel additions under the Wyndham Grand and Wyndham flags, marking Wyndham’s entry into both Crete and Cyprus.

Both hotels will be managed by Zeus International.

The new hotel in Cyprus is owned by National Pangaea SA, a real estate investment company in Greece, and is expected to become a landmark for Cypriot tourism, as one of the largest city hotels in Nicosia. NBG (National Bank of Greece?) Pangaea has a large property portfolio, including acquiring the five-star, 74 room Lazart Hotel in Thessaloniki in May 2018 for €7m. This hotel is leased to Zeus, and is due to open the first Marriott Moxy in Patras soon..

Wyndham Hotels & Resorts has a global presence of nearly 9,000 hotels across more than 80 countries and Zeus International is a fast growing Greek company providing consulting, hotel management and hotel development services.

“This partnership continues to grow, it continues to expand, we continue to invest in this country, we continue to put resources in this country,” said Geoff Ballotti, president and CEO of Wyndham Hotels & Resorts.

“When you look at arrivals in this country, think back to 2010, when Greece had international arrivals of roughly 15 million and for the full year of 2017 international arrivals were in excess of 30 million, fueling an economy that accounts for one out of every five jobs in this country.

In terms of occupancy levels, as reported by the GNTO, through the end of August, there are few countries in this world that are seeing double-digit RevPar increases,” Ballotti added.

Haris Siganos, founder of Zeus International, told reporters that the Wyndham Grand Mirabello will become Wyndham’s second big flagship in the Greek market, following the opening of the Wyndham Grand Athens in 2016.

In addition, a new upscale Wyndham hotel will open in Nicosia, Cyprus – Wyndham Nicosia – which will mark Wyndham’s debut in the country.

“Two new upscale hotels in Mirabello and Nicosia will grow our hotel ‘family’ and introduce our high quality services and our excellent hospitality in Crete and Cyprus,” said Siganos.

“Greece is such an amazing destination and we’ve got a motto in our business: We have a product that fits every traveler,” said Dimitris Manikis, Wyndham’s managing director for Europe, Middle East, Eurasia and Africa (EMEA).

The seaside resort, owned by Zeus International, is located in close distance to Agios Nikolaos in the renowned Elounda region of Crete. The hotel includes over 6,000 square feet (520 sq.m.) of meeting space, five restaurants and bars, swimming pools, a spa, a gym and a variety of sports facilities.

The Wyndham hotel to open in Nicosia, Cyprus, is located at Liberty Square and will include seven conference rooms with a total capacity of 1,200 attendees, two restaurants and bars, spa and fitness centre.

“We aim to offer a very upscale product. It is in a unique location and we believe that it will become by far the best hotel in Cyprus,” Siganos underlined, adding that Zeus International will undertake the full reconstruction and operation of the property.

In 2017 Wyndham and Zeus announced a partnership to develop 20 hotels over 10 years across Greece, Cyprus, Italy and the Balkans.

Over the past 18 months, the two companies have already identified 8 of these hotels and opened 6 of them (including the recently opened Wyndham Grand and Wyndham Grand Residences in downtown Athens).

THPT Comment: Good to see Wyndham’s continued expansion into Europe.

First Seen: Greek Travel Pages