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Article: Historic Hotel Grande Bretagne, Athens, Greece Will Undergo $57 Million Renovation.
- Article from:
- Business Wire
- Article date:
- January 22, 2002
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Copyright informationCOPYRIGHT 2002 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Jan. 22, 2002
Starwood Will Continue to Manage 364-Room Hotel After Signing New
25-Year Management Contract with Lampsa, S.A.
A new management contract has been signed between Lampsa Greek Hotels Company and CIGA Hotels Greece, a subsidiary of Starwood Hotels & Resorts Worldwide (NYSE: HOT) for the management of the historic Hotel Grande Bretagne in Athens under Starwood's prestigious Luxury Collection banner for the next 25 years.
In connection with the new management agreement, Lampsa will begin a massive refurbishment and renovation program to start by December 31, 2001, ...
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