• Athens Hilton up for grabs

Bidders Oaktree Capital and Jermyn Street Management are lining up to buy the Athens Hilton. The sale, by Alpha Bank’s subsidiary Ionian Hotel Enterprises could realise up to EUR180m, says the Greek Reporter.

The hotel posted improving revenues of EUR26.1m against EUR23.4m in 2012. The strong performance comes despite a continuing weakness in the Greek economy.
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