Highgate and Eternam Acquire 191-Key Zafolia Hotel Athens, Marking Highgate's First Investment in Greece
🏨 Highgate and Eternam acquired the 191-key Zafolia Hotel Athens, marking Highgate's entry into Greece and expansion in Southern Europe. This follows Eternam's prior investment in Hilton Garden Inn Rome Claridge in July. Alcyon Hospitality Europe, Eternam's third fund, plans to invest €60 million over 18 months in European hospitality. Zafolia Hotel, family-operated for nearly 40 years, will undergo renovations and features a Green Key certification, 191 rooms, and a rooftop pool.
Share