Lease of Hotel Assets

With big experience and specialized hotel management team, we focuses on the needs of every individual hotelier/owner and adopts a management model in order to achieve optimum performance and branding, maximize profitability and increase the value of every client hotel.

Throughout the years, Grec Group Management has been the sole company to provide a holistic approach to hotel management advisory with vast experience of achieving successful operation in any hotel asset, from summer to winter resorts through to city hotels.

Grec Group is the fastest growing hotelier in Greece. It currently operates and leased hotel establishments throughout Greece.

Having adopted a multi role hotel management model, Grec Group can enter into medium or long lease of hotel properties, turning the hotels into stable yield producing assets, providing a clear-cut income solution to all potential stakeholders i.e. owners, investors, lenders, etc.

With great geographical dispersion and highly diversified assets of leased properties, in terms of size or positioning, our aim is the achievement of maximum performance for each hotel separately, maximizing the owners’ rent income. To achieve performance maximization Grec Group may invest its own capital to refurbish leased hotels, depending on the needs and repositioning potential of each property.

As part of its strategic development, the group invests in acquisitions of hotel properties. These hotels are thoroughly assessed and selected on the basis of their turn around potential. Then these assets are re-developed and successfully re-positioned in the hotel market. Moreover, with increased TrevPar (total revenue per available room), profitability and commercial value, these hotels become stabilized yield producing assets.