The Lampsa group this week announced that it was adding a third hotel on Syntagma area to its stable through the long-term leasing of the Kings Palace Hotel, which operates on property owned by a supplementary fund of employees of the former Agricultural Bank of Greece.
The 30-year lease includes an extension clause, and is valued at 1.2 million euros per year and a dividend based on a percentage of yearly turnover.
Lampsa also finalized recently the purchase of the King George Hotel from Eurobank, while it manages the Grande Bretagne, which is located adjacent to the former.
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RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations , Greek travel market, Greek tourism statistics, Greek tourism report
Photo Source: Wikimedia Commons Copyright: A.Savin License: CC-BY-SA
Source: naftemporiki.gr
