New hotels

Five regions approve grant payments for new hotel investments

Five Greek regions approved subsidy payments for the founding, expansion and modernization of hotel units.

Five Greek regional authorities approved partial grant payments for five hotel investments in Rethymno, Drama, Kalamata, Syvota and Corfu.

The Region of Crete approved a payment of €224,165.72 to the company Birlirakis for the modernization of a 3-star hotel in Rethymno, with total subsidy of €560,414.30 for an investment of €1,779,093.

The Region of Eastern Macedonia and Thrace approved €51,240.61 to the company Armen Gielena for founding a 3-star hotel in Drama, with total subsidy of €204,962.45.

The Region of Peloponnese approved €163,104.64 to DNCK AXETE for expanding a 5-star hotel in Kalamata, with total subsidy of €326,209.28.

The Region of Epirus approved €105,050 to the company Ntougias Paris and Co. for founding a 48-bed 3-star hotel in Syvota, with total subsidy of €469,700, while the Region of Ionian Islands approved €242,600.47 to KVB Lands for founding a 3-star hotel in Corfu, with total subsidy of €373,231.49.

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