The Athens Ledra Marriott, owned by the Cyprus-based Paraskevaides Group and managed by Marriott International until the end of December, will reopen on January 1 as the Athens Ledra Hotel, after negotiations with the hotel chain failed to produce any result.
ASTY S.A. will manage and operate the 314-room hotel on Syngrou Ave., while the new management has pledged to honour all existing individual and group reservations beyond 2014.
Marriott said that it is looking for other hotel properties in Greece.
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