The 5-star Restia Suites Exclusive Resort is the latest addition to the Group, which is currently undergoing a complete renovation process. The total investment amount will reach 20 million euros. The Group will open three more hotels in Corfu over the next two years.

words by Travelworks Team | released on March 20th, 2024

Mayor Hospitality Management is expanding its portfolio with the addition of four new boutique hotels. The hotels concern the acquisition of the Dimitriou family, following the sale of Capo Di Corfu, La Grotta Verde, Pelekas Monastery, and Mon Repos Palace to the American fund HIG. Among these new acquisitions, the Restia Suites Exclusive Resort in Corfu is set to be the first to open, fully renovated in 2024. This marks a significant shift for Mayor Hospitality Management towards the boutique hotel sector, promising premium accommodation experiences and heralding a new era for the company in the hospitality industry.

Since 2009, Mayor Hospitality Management has been a prominent player in the hospitality sector, known for its successful management of large-scale units. The company, which oversees the entire investment and financial portfolio of the Dimitriou family, has recently upgraded the Restia Suites Exclusive Resort. This five-star boutique hotel boasts 32 suites, half of which feature private pools. The initial phase of the investment, started in 2023, is set to be completed within the year, leading to the hotel’s re-introduction to the public after a thorough renovation of its facilities and services. Looking forward, the second phase of expansion is anticipated in the coming years, aiming to increase the total number of suites to 80, with the investment projected to reach 20 million euros.

Restia Suites Exclusive Resort

The Restia Suites Exclusive Resort is poised to redefine luxury, embodying all the hallmarks of a modern, 5-star boutique hotel. It will place a strong emphasis on enriching the accommodation experience with exceptional gastronomic delights and comprehensive wellness facilities, all set in a prime seaside location.

With a solid background and prospects for dynamic expansion of its portfolio, Mayor Hospitality Management is dedicated to delivering high-level, ‘tailor-made’ Greek hospitality services. The strategic plan of the company encompasses the addition of three more hotels in Corfu, strategically located in both coastal areas and historic neighborhoods of the island. These hotels are anticipated to welcome their first guests within the next two years. Furthermore, the Group exhibits a strong interest in expanding its investments to mainland Greece and the islands of the Aegean.

Spyrella Linardou, CEO of Mayor Hospitality Management

Spyrella Linardou, CEO of Mayor Hospitality Management, stated: “We are particularly pleased with Mayor’s foray into the boutique hotel sector. Beginning with Corfu, our aim is to solidify our presence on the island, leveraging our extensive hospitality experience, as well as to expand our footprint to other destinations in the country. The Restia Suites Exclusive Resort, along with the three forthcoming hotels in Corfu, perfectly encapsulate our vision for Mayor’s new era. They reflect our commitment to the ongoing enhancement of the services we provide.”

The reconstruction of the Restia Suites Exclusive Resort, as well as the development of the upcoming projects, is being led by an internationally recognized architectural firm known for their innovative and impactful designs.