Now, Azora Expands Its Greek Portfolio With Majority Stake In Donkey Hotels, Strengthening Greece’s Tourism Market

Wednesday, August 6, 2025

In a drawstring of notable edifice deals shaking up Europe’s hospitality scene, American backstage equity elephantine Bain Capital, teamed up pinch Columbia Threadneedle and QuinSpark Investment Partners, has signed connected nan dotted statement to acquisition nan landmark Pullman Paris Montparnasse. Meanwhile, Spanish spot powerhouse Azora has scooped up a 50.1% controlling liking successful nan Greek edifice group Donkey Hotels. Together, nan moves underscore a continuing appetite for Europe’s apical edifice assets, pinch Paris and Greece firmly successful nan radar arsenic some markets support luring waves of world tourists.

Bain Capital Adds Pullman Paris Montparnasse to Growing Paris Portfolio

The Pullman Paris Montparnasse, sitting beautiful successful nan 14th arrondissement and conscionable a stone’s propulsion from nan Montparnasse train hub, has traded hands from Unibail-Rodamco-Westfield (URW) to Bain and its investors for €300 million, aliases €313,500 a room. The woody beefs up Bain’s already ample hospitality footprint successful a metropolis celebrated for some picnic and business stays. The four-star edifice packs successful 957 rooms, sits nether nan Les Ateliers Gaîté mixed-use umbrella, and includes 3 restaurants, 2 bars, and 44 gathering spaces. Those amenities are a magnet for firm groups arsenic good arsenic visitors ticking Paris disconnected their bucket list.

Pullman Paris Montparnasse sits astatine nan crossroads of carrier links and apical tourer sights, giving Bain Capital bully reasons to spot it arsenic a smart semipermanent buy. The edifice is conscionable minutes from Montparnasse train station, truthful guests tin zip to nan Eiffel Tower, nan Louvre, and Notre-Dame aliases to firm hubs crossed cardinal Paris without hassle. As recreation bounces backmost worldwide, Paris stays precocious connected nan database for some holidaymakers and business trips. This makes nan Pullman a standout portion of nan worldwide edifice scene.

The planned waste of Pullman Paris Montparnasse, which is group to wrap up by year-end, points to a bigger pattern: world investors are scooping up apical hotels successful Europe’s cardinal capitals. Buying it now is simply a clear play connected Paris’s long-held position arsenic a must-visit city, pinch tourer spending still driving maturation successful nan section economy.

Azora Purchases Majority Share of Donkey Hotels: Strengthening Greek Property Reach

Spanish REIT Azora has moved further into Greek hospitality by picking up a 50.1% liking successful Donkey Hotels, nan section owner-operator down 5 boutique hotels. Founder-led by nan Ioannou family, Donkey Hotels will support 49.9% of nan institution and stay profoundly progressive successful day-to-day decisions. This latest bargain sharpens Azora’s foothold successful a Greek tourism marketplace that has been booming arsenic travelers flock to nan country’s sun, history, and culture.

Donkey Hotels runs 5 properties that together connection 834 rooms, pinch a footprint that stretches from nan streets of Athens to nan cliffs of Santorini. Its city-center Athens hotels tie guests eager to research ancient ruins, world-class museums, and buzzing nightlife. Santorini’s world-famous sunsets, clifftop infinity pools, and whitewashed villages make it a magnet for travelers successful nan Mediterranean. Azora and Donkey scheme to leverage this momentum by renovating nan historical Athenaeum InterContinental edifice successful Athens, upgrading nan existing group of hotels, and seeking caller sites successful different premier Greek markets.

Greece keeps its title arsenic a apical spot for world tourism. Cities for illustration Athens propulsion successful visitors looking to soak up culture, while nan islands dazzle travelers pinch luxury and stunning views. Since nan pandemic, nan tourism segment present has bounced backmost fast. With nan backing of Azora, Donkey Hotels is fresh to meet nan rising demand. Planned upgrades and caller tract openings will enrich nan company’s portfolio, appealing to some classical travelers and those seeking a unsocial boutique acquisition each complete nan country.

Growing Greece’s Hotel Scene

Greece’s tourism assemblage ranks among Europe’s giants, welcoming millions of explorers each year. Athens, packed pinch history and UNESCO sites, is simply a magnet for civilization buffs. Meanwhile, islands for illustration Santorini, Mykonos, and Crete pull sun-seekers and luxury lovers eager to soak successful breathtaking views.

Tourism is simply a lifeblood of nan Greek economy, adding a large chunk of GDP and millions of jobs. The state sits perfectly successful nan Mediterranean, boasts a wealth thorax of ancient sites, and offers hospitality that keeps visitors coming back. With nan recreation manufacture booming, moves for illustration Azora investing successful Donkey Hotels show nan increasing request for top-notch places to enactment successful some cities and islands.

The Greek edifice segment is group to support growing, fueled by some overseas travelers and a surge successful staycations by locals. New edifice projects are zeroing successful connected amended roads and airports, five-star comfort, and greenish practices truthful they tin meet nan savvy traveler’s checklist.

Paris and Greece: Twin Hotspots for Hotel Investment

Paris and Greece stay astatine nan apical of nan hotel-investing map. Strong visitant numbers and nan bounce-back of world recreation put them connected nan radar. Paris, a world beacon for tourism and business, keeps offering ripe chances for edifice owners. The city’s clout successful art, music, history, and finance intends that rooms will enactment successful precocious request for years to come.

Greece’s booming tourism segment is inviting for edifice developers and investors alike. The state lures taste explorers and sun-seekers alike pinch rich | history and beautiful coasts. Tier-one destinations for illustration Athens and Santorini support attracting travelers, twelvemonth aft year, sealing Greece’s worth arsenic a coagulated edifice finance bedrock.

To sum up, Bain Capital’s Paris bargain and Azora’s Greek play beryllium that some nan City of Light and nan Greek archipelago stay go-to edifice markets. Paris carries century-old allure, while Greece’s rising visitant totals committedness a agelong maturation runway. Together, these deals underwrite nan resilience of nan European edifice market, mounting nan shape for lasting finance rewards.