Greek real estate investment company The Azur Selection has announced its rapid expansion across premier hospitality markets, with a particular focus on the new project in the Peloponnese region. This expansion aligns with the company’s strategy of acquiring and developing high-end hotel properties in sought-after locations. Their goal: to attract further investment by showcasing their success and continued growth. With a track record of providing luxury hospitality experiences and a keen eye for investment, the Azur Selection continues to elevate its profile within the global real estate and hospitality sectors.
Since December 2023, The Azur Selection has been expanding at a remarkable pace, acquiring two premium hotels. This success has driven the company to explore further acquisitions, including plans to acquire other hotels in some of Greece’s most iconic and luxurious destinations. Additionally, the company is currently in negotiations to establish projects in Cannes, Southern France. This marks its push into the French Riviera where the company’s President and CEO, George Arvanitakis, has long-standing connections. Their recent expansions underscore Azur Selection’s ability to seize opportunities in high-demand locations and attract substantial investments.
“Our expansion into these locations is mainly due to our commitment to luxury and quality, something that both guests and investors value highly,” says the CEO. Their ability to acquire and operate hotels in highly commercial areas positions them as a leading player in the hospitality investment space.
The company’s bellwether is its current expansion with the Peloponnese project, a 75,000-square-meter development that promises to redefine luxury hospitality in the region. Currently in the licensing phase, this five-star hotel will be the largest in the company’s portfolio. It will feature world-class amenities, including multiple swimming pools, a beach bar, a full-service spa, gym facilities, business and conference centers, and even a marina to cater to yachts and boats, making it a premier destination for upscale travelers.
“This project is not just about building a hotel,” Mr. Arvanitakis explains. “It’s to revive a region that once thrived as a hospitality hub. We are developing this project on the site of the former Club Med, a well-known five-star resort that was once a key destination in the area. By reviving this site, we are not only creating jobs and opportunities for locals, but also investing in the community by driving ESG strategies, supporting sustainability initiatives, and elevating the region’s profile as a luxury travel destination.”
Azur Selection’s strategy of expanding into premium locations, whether in Greece or internationally, highlights the company’s focus on providing luxurious experiences in high-demand markets. From Mykonos to Peloponnese to the south of France, the company’s portfolio is filled with destinations that cater to discerning travelers seeking exclusivity and comfort.
By maintaining a dual focus on real estate investment and hotel operations, Azur has carved out a unique niche. Their operator’s mindset enables them to provide high-end guest experiences, while their investor’s mindset ensures strong returns for stakeholders. This combination is particularly attractive to investors looking for stable, high-yield assets in the hospitality sector.
As Azur continues its rapid expansion, the company is solidifying its reputation as a leading force in the hospitality industry. With a portfolio that spans iconic destinations and a commitment to providing world-class luxury, the future looks bright for both the company and its investors. The Peloponnese project is just one example of the ambitious growth trajectory that Azur is pursuing.
“We are excited about what’s next for The Azur Selection,” Mr. Arvanitakis says. “We are always looking for new opportunities in premier locations and are confident that our unique approach to both investment and operations will continue to drive our success.”
For investors seeking to tap into the lucrative world of luxury hospitality, Azur offers a proven track record and a bold vision for the future – one that is grounded in real estate expertise, operational excellence, and a deep commitment to community and sustainability.
