Athens Hilton up for grabs

In Greece's capital, the Athens Hilton has gone on the market.

According to a report on shared on, Alpha Bank has started procedures to sell the hotel, and is using Citigroup as a sales advisor. The site claims that several private equity funds have shown interest in buying the property. 

The Athens Hilton belongs to the Ionian Hotels, a subsidiary of the Alpha Bank Group, and was reportedly one of the first Greek hotels to join an international chain. According to the report, its sale value is more than €100 million, the price Alpha Bank paid for it in 2014.