EU: Family hotel group Santikos Collection and the Airotel chain of hotels has come together to launch hotel management company Capital H.
Capital H will offer management, support and investment services to upscale hotels, resorts and private clubs. Collectively the team brings together around 35 years of experience and currently represents a variety of four and five-star hotels in South East Europe.
Santikos Collection and Airotel Group will work together under Capital H whilst at the same time retaining their independent identity.
The new venture will launch with 11 hotels, including the Stratos Vassilikos Hotel in Athens; Princess Resort in Skiathos; and Galaxy Hotel in Kavala.
Alexandros Vassilikos, CEO of Airotel Group and partner of Capital H, said: “Tourism will go through radical transformations at a much faster pace than we all anticipated. Consolidation is key in order to face the challenges ahead. Whilst doing that by joining forces with another second-generation family of hoteliers, we offer investors and hotel owners viable, competitive and top of the line management solutions. Combining expertise and forward thinking, Capital H will lead hotels to new tourism models.”
Konstantinos Santikos, managing director of Santikos Collection and partner of Capital H, added: “We are delighted to launch this partnership with two fellow second generation hoteliers. It’s a great opportunity to reassess and rebuild hospitality in terms of efficiency and long-term thinking, while remaining committed to providing all our guests with unparalleled service and renewed experiences.”
Santikos Collection was founded in 1984 and features five properties in its portfolio: Princess Resort, Skiathos; Aegean Suites; Marpunta Resort, Alonissos; Santikos Mansion; and The Alex.
Airotel was also founuded in 1984 and features the Stratos Vassilikos Hotel, the Alexandros Hotel, and Parthenon Hotel all in Athens, as well as the Achaia Beach Hotel, the Patras Smart Hotel, and the Galaxy Hotel.