Now in its fifth year, the Mediterranean Resort & Hotel Real Estate Forum (MR&H) will return to Greece for the second year in a row this October 29-31 at the Hilton Athens. The event, hosted by Questex, parent company of Hotel Management magazine, is dedicated to the investment, development and operation of resorts and hotels within the region.
Resorts in particular are a highly specialized area comprised of various elements: hotel, residential, marinas, health clubs, children’s activities, retail, sports facilities and F&B, all of which need to be woven together within a seamless operation to create a successful property.
The dynamic growth of tourism in Greece continues to boost investment activity throughout the country and throughout the wider Mediterranean region. Speaking at the MIPIM real estate event last month, Secretary General for Tourism Policy and Development George Tziallas said; “Half of all funding under Greece’s 2016 development law has been channelled into tourism ventures, while more than 400 investment plans have been submitted in the last three years to the tourism ministry for approval.”
This statement is supported by data released by Horwath HTL during the recent International Hotel Investment Forum (IHIF) in Berlin, which revealed Greece is a prime investment opportunity for international hotel chains as only 1.7 percent of total units currently operate under an international brand. Results from the joint investor sentiment survey from Tranio and IHIF showed Greece listed as one of the European countries that is most attractive for hotel real estate investment.
Stakeholders from leading operators, including Thomas Cook, Club Med and Nobu, have attended MR&H alongside investors from KSL, Starwood Capital Group and Dolphin Capital to debate, converse and discuss.
Noting Enterprise Greece has pledged its continued support for MR&H, the group's Chairman/CEO Grigoris Stergioulis, said, “Building on the success of the event last year, the positive working relationship with Questex and the significant opportunities that exist for investors in the Greek hotel market, we’re thrilled to once again partner with MR&H and look forward to welcoming the event to Greece for the second year.”
Alexi Khajavi, managing director of EMEA Hospitality + Travel Group/Questex, said; “The tourism and hospitality prosperity that Greece is enjoying is leading to significant activity from serious investors and developers. As a conference host, our role is to facilitate these meetings, connections and interactions in an environment that is educational and energizing. With the continued support from Enterprise Greece, Hilton providing the setting, and amongst very encouraging industry data, we’re confident that MR&H will prove to be an event not to be missed for those currently active or keen to do business within the Mediterranean resort and hotel space.”
Registration for MR&H 2019 is now open and delegate tickets may be purchased at the "Early Bird" rate until the end of May. Accommodations at the host hotel may also be secured. Further information and registration details are available on the conference website: www.mrandh.com