Second Athens Ledra Hotel auction fails to attract bidders
A second auction of the Athens Ledra Hotel, a former member of the Ledra Marriot chain, failed to attract bidders on Thursday. Located on Syngrou Avenue, the establishment closed down in May following financial hurdles.
The hotel’s starting price on Thursday was 47.8 million euros, unaltered from the first auction held in July.
Past reports have suggested that about 200 of the hotel’s employees were owed about 5 million euros in wages and compensation.
You may be interested
The National Interest: Why is Cyprus still divided? – Analysis
Panos - Apr 19, 2021The division of Cyprus is fast approaching the half-century mark. In fact, that division has now lasted longer than that…
Research suggests ancient Greeks might have sailed to Canada
Panos - Apr 19, 2021The ancient Greeks could have reached Canada in 56 AD – almost a millennium before the Vikings. This is according…
Condition in eastern Mediterranean dominated Dendias, Shoukry meeting in Cairo
Panos - Apr 19, 2021Greek Foreign Minister Nikos Dendias was cordially welcomed by Egyptian Foreign Minister Sameh Shoukry earlier on Sunday in Cairo. The…
Leave a Comment
Latest Posts
The National Interest: Why is Cyprus still divided? – Analysis
The division of Cyprus is fast approaching the half-century mark. In fact, that division has now lasted longer than that of Germany. Close to two-thirds of Cypriots…
Research suggests ancient Greeks might have sailed to Canada
The ancient Greeks could have reached Canada in 56 AD – almost a millennium before the Vikings. This is according to a controversial study that claims Hellenistic…
The National Interest: Why is Cyprus still divided? – Analysis
Panos - Apr 19, 2021The division of Cyprus is fast approaching the half-century mark. In fact, that division has now lasted longer than that of Germany. Close to two-thirds of Cypriots…
Research suggests ancient Greeks might have sailed to Canada
Panos - Apr 19, 2021The ancient Greeks could have reached Canada in 56 AD – almost a millennium before the Vikings. This is according to a controversial study that claims Hellenistic…
