Grivalia Hospitality: New 250 million euro luxury tourism projects – Moving HQ to Greece

In addition to brain regain in terms of talent, we also have brain regain of companies, with Grivalia Hospitality preparing to move its headquarters from Luxembourg to Greece by the end of the year, while at the same time launching another large investment in the field of luxury tourism.

The new investment plan of the company was mentioned yesterday by Mr. George Chrysikos, founder and chairman of the Board of the company on the occasion of the presentation of the new 5 star ON Residence implemented by the company jointly with Tor Group in Thessaloniki.

Although he did not give details about the area where the project will be developed, Mr. Chrysikos stated that the new investment amounts to 250 million euros, which will be announced within the next 2-3 months. The development is undertaken 100% by the company itself in collaboration with a well-known hotel brand, "equivalent to what to our collaborations to date", as Mr. Chrysikos typically said.

It should be noted here that the company collaborates with well-known international names of luxury tourism and specifically with One & Only for the revival of the Glyfada Asteria from the first half of 2023, with Aman for the well-known Amanzoe in the Peloponnese that worked at peak capacity even during the health crisis, but also with Mandarin Oriental with which it has signed an agreement for "Project Blue", the new investment launched by Grivalia Hospitality on Mykonos.

Mykonos and the Football Association

Regarding the Mykonian project of the company in the area of ​​Ano Mera of the "windy isle", Mr. Chrysikos stated that Grivalia Hospitality is before the submission of a new, reformed file for Project Blue, in order for the project to incorporate the remarks of the Council of State.<...