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Grivalia Hospitality: The 300-million-euro investment opening its doors

The new hotel unit on the Athens Riviera that brings to our country for the first time one of the leading brands of ultra-luxury resorts in the world, One&Only, was officially presented on Monday

One&Only Aesthesis, the new tourist resort in Glyfada, will be put into operation in November, a total investment of 300 million euros by Grivalia Hospitality.

The new hotel unit on the Athens Riviera that brings to our country for the first time one of the leading brands of ultra-luxury resorts in the world, One&Only, was officially presented on Monday.

The event was attended by Prime Minister, Kyriakos Mitsotakis, who inaugurated the project together with Giorgos Chrysikos, president and CEO of Grivalia Hospitality, His Excellency Mohammed Al Shaibani, CEO of ICD and President of Kerzner International and Philippe Zuber, CEO of Kerzner International, while the guest of honor at the ceremony was Prem Watsa, chairman and CEO of Fairfax Financial Holdings and major shareholder of Grivalia Hospitality.

In his short greeting, Prem Watsa, among other things, praised the pro-investment policy followed by the government, noting that without it, it would not have been possible to complete the specific project.

On his part, Mitsotakis praised internationally known investor Prem Watsa for funneling investment capital to Greece, describing him as being resilient and patient, even adding that “a statue should be erected for him.”

Mitsotakis highlighted the new resort’s advantage being close to the city center and operating at all seasons, and pointed out that “everything has been built in accordance with the highest standards of sustainability.”

The prime minister underlined that this particular hotel unit demonstrates all the features that the country wants for its tourism, with an emphasis on sustainability and well-paid jobs. “This inauguration symbolizes Greece’s progress,” he added and concluded that our country is making great progress in the financial sector, as it received the investment grade, even at a time when the global economy is facing major challenges.