The refurbished former Hilton Hotel on Vassilisis Sofias Avenue, for decades a landmark of the Greek capital, is to reopen as ‘The Ilisian’ after a period of extensive renovation, ANA reports.
The new name was presented on Thursday at an event attended by Prime Minister Kyriakos Mitsotakis and, according to TEMES Group President and main shareholder of Ionian Hotel Enterprises S.A. Achilleas Konstantakopoulos, it was inspired by the local neighborhood of Ilisia, where the building is located.
Addressing the event, Mitsotakis noted that such investments turn the government’s vision for quality, sustainable year-round tourism that respects the residential environment into action while highlighting its multiple benefits for the Greek economy, which he said would reach 1.25 billion euros in five years.
Analyzing the benefits of the new destination for Athens, Piraeus University Professor Nikos Georgakopoulos said that a study conducted by the university on the first five years of its operation estimated that the effect of the construction work will amount to 450 million euros, that of the guests staying at ‘The Ilisian’ will amount to 749 million euros, while the commercial activity will amount to 75 million euros. It will also help to directly and indirectly create a total of 1760 jobs.
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
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