Wyndham Hotel Group and Zeus International, a Greek hotel management and consulting company, have announced plans to build upon their existing partnership with a new strategic development agreement.
Through this new agreement, the two companies will collaborate in developing 20 hotels (conversions or new construction) over the next ten years in Greece, Cyprus, Bulgaria and Romania.
Wyndham and Zeus initially partnered on development of Wyndham Grand Athens, which opened in December 2016, and is the first hotel under any of Wyndham Hotel Group’s 18 brands to open in Greece.
Geoff Ballotti, president, Wyndham Hotel Group, stated: “Our new development partnership with Zeus International builds on the success we’ve had with the introduction of Wyndham Grand Athens ensuring more of our brands become ubiquitous across Greece.
“In addition, the hotel management expertise Zeus has in key markets across Eastern Europe will help us grow the presence of our brands in Romania, Bulgaria and Cyprus.”
The next hotels to open as a result of this new development agreement will be Wyndham Loutraki Poseidon Resort, featuring 108 suites, including some with private pool or Jacuzzi, as well as Ramada Loutraki Poseidon Resort, with a total of 207 bungalows and suites, both due to open during 2017.
This will be followed by Wyndham Garden Attica Riviera, with 130 rooms, and Ramada Plaza Attica Riviera, with 352 rooms, both due to open in 2018.
Haris Siganos, founder of Zeus International, noted: “We are glad to expand our collaboration with Wyndham Hotel Group, and will continue offering the same quality hospitality services guests experience at Wyndham Grand Athens across all of our future hotels.
“This strategic development agreement is important not only for building the investment profile of our company, but also for Greek national tourism, as it will serve as a benchmark for development prospects within the country by boosting the domestic economy and labour market.”