16. EU Business News- Q4 2024 Jun24459 Taking a holistic approach to value creation that sees commercial investment properties assessed in their entirety, George Arvanitakis, who serves as the President & CEO of the Arvanitakis Group of Companies and the Azur Selection SA, is one of the hospitality investment industry’s best and brightest. With more than 25 years of experience under his belt, George has amassed a portfolio unrivalled in this space, and his company today manages a number of hotels and commercial properties throughout Greece and other handpicked locations. Specialising in hotel and real estate investments, Arvanitakis Group of Companies seeks out those properties that it knows can exceed expectations across the board, offering maximum value for the guests and employees at these locations, as well as for the staff and partners of Arvanitakis Group. By accurately anticipating market trends and striking at the right time, George and the team here have a track record of achieving the highest possible returns on their investments, even when the economic environment is unstable. There are three main areas that Arvanitakis Group invests in, chief among them being hotels and hospitality, in which it currently has six properties. Its activity in this setting began in Mykonos and has expanded from there to focus on other locations in Greece as well as the South of France. Despite this extension, the goal of providing impeccable hospitality services to the hotels under its full management, or the best return on investment capitals to those it leases to third parties, has remained steadfast from the beginning. Aside from hotels, the other focus areas for Arvanitakis Group are commercial investment properties and miscellaneous investments. Beginning with the former, three properties of this nature currently comprise George and co.’s portfolio in this setting – a modern shopping centre in Mykonos, a mixed-use and multipurpose commercial property in the same area that is currently home to a jewellery store and a restaurant, and an office building that has recently been renovated in the heart of Glyfada, Athens. Each of the properties mentioned above, the hotels and the other commercial investment properties, combine to create the Azur Selection SA. Diving deeper into this, the highlights of the portfolio are undeniably the hotels – Azur Retreat, Azur Boutique Hotel, Azur Suites Glyfada, Azur Hotel Volos, My Mykonos Boutique Hotel, and the one that started it all, the Livin Mykonos Boutique Hotel. All of these locations embody service of the highest quality and elegant luxury in some of Europe’s most desirable destinations. Keen to explore as many different and unique investments as possible, particularly those related to real estate, George and his staff search for untapped potential by carrying out a range of miscellaneous investments across Greece and beyond. One example of this saw Arvanitakis Group invest in Arvan Hotels Constructions, a company boasting more than two decades of experience and 140 builds. All of this underpins George Arvanitakis’ unwavering commitment to hospitality, reflected in this award he has deservedly won. Looking ahead to the future, Arvanitakis Group has a number of exciting investments in the pipeline that it is incredibly excited to share with us, beginning with three hotels in Cannes, in the heart of the French Riveria, namely the Verlaine, Renoir, and Cezanne. Alongside this, the development of a luxury 20,000 sq. m. hotel in Achaia, Western Greece is also underway, as well as an investment in the Athenian Riveria, specifically the First Beach of Voula, and the construction of a 400 sq. m. luxury villa in Mykonos. As all of these projects, developments, and investments show, George Arvanitakis remains at the top of his game, even after more than 25 years in this sphere. A beacon of excellence in the field of hospitality investment, George is not only a bright spot in this industry, but also in the broader European CEO landscape. We recommend our readers use the link below to find out more about these individual investments, especially those in the Azur Selection, to see for themselves the quality inherent across this operation. Contact: George Arvanitakis Company: Arvanitakis Group of Companies & The Azur Selection SA Web Address: https://arvanitakisgroup.com/ & https://www.azurselection.com/ Hospitality Investment CEO of the Year 2024 (Greece): George Arvanitakis
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