ALPHANEWS LIVE- Expanding its investment activity in the island of Mykonos where it operates two luxury hotels, "Oniro Suites" located in Chora and "Oniro Mykonos" in Agios Stefanos, Treppides Investments has entered into a partnership with the international Pacha Group, which is fully identified with tourism and entertainment in Ibiza.
The Pacha Group, an international holding company founded in Barcelona in 1966 by Ricardo Urgell, operates in the fields of leisure, entertainment, hospitality, catering and fashion and fragrance events.
This year, the legendary group with the two cherries on its logo is making its descent to the island of Mykonos with a multi-million investment that includes a hotel, restaurant and club. It involves the legendary "Pacha Club", the restaurant-club-cabaret "Leo's Mykonos" and the luxury hotel "Destino Pacha Mykonos Hotel". Behind this major project is the London-based American investment fund Trilantic Europe, which in 2017 took over the reins of the Pacha Group, investing in the evolution of the brand by opening branches around the world, including Mykonos.
Financial backer Trilantic Europe, which manages over €2 billion, had gone on a major search by sending representatives to Mykonos in order to identify the ideal locations for this new investment of the group on the island.
The cooperation of Treppides Investments with Pacha Group
For the creation of the super deluxe "Destino" hotel, the Pacha Group has chosen the "Oniro Mykonos" in Agios Stefanos, owned by Treppides Investments, which will undertake to manage it, and which will be renamed and transformed into the super deluxe "Destino Pacha Mykonos Hotel".
This is the group's first hotel in Greece, which features 34 luxurious rooms and 6 state-of-the-art suites, overlooking the Aegean Sea, with plans for future expansion to 55 rooms and suites.
The rooms are dominated by white walls and natural wood with sophisticated touches inspired by Cycladic architecture.
It also features a uniquely designed restaurant with a menu based on Greek and Mediterranean flavours, a bar featuring a world-famous DJ, a swimming pool and a wellness and yoga programme.
"Destino Pacha Mykonos Hotel" is expected to welcome its first guests on June 1, 2021 and has already started accepting reservations through its website www.destinopachamykonos.com
Treppides Investments' collaboration with the international Pacha Group reflects the company's commitment to its vision of continuous expansion and development.
Nicolas Treppides, owner of Treppides Investments, notes the following about this important deal. The negotiations to achieve it were months long and even in the midst of a pandemic. I believe that "Oniro Mykonos" is the ideal venue for the creation of the new "Destino Pacha Mykonos Hotel"."
At the same time, Treppides Investments maintains in Mykonos Town the unique, luxurious "Oniro Suites" which will be open for business this summer. Also in Athens the company operates two hotels, the luxury boutique hotel "Oniro City" in Kolonaki and the "Asomaton Hotel" in Thiseio, while a new boutique hotel is under construction in Mitropoleos Square.
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