Aloe Hotel, on Poseidonos Avenue, is located close to the group’s Almyra and Annabelle properties which are a walking distance away.
Thanos Hotels’ new acquisition includes 272 rooms, three restaurants, three pools (one indoor) and is 200m from the nearest beach.
Including Aloe Hotel within its portfolio means that Thanos Hotels & Resorts now provide 840 rooms across its four hotels.
“The company’s vision is to rebrand and relaunch the hotel and offer another unique proposition, diversifying its offerings to reach new markets. Until the relaunch, the hotel will continue operations as it is,” read an official announcement.
It is expected that the newly refurbished hotel will be completed by Spring 2019, following its refurbishment during the Winter 2018-19 period.