Fattal Hotel Group has acquired Cora Resort and Spa, a five-star, 181-room spot successful Greece, from planetary backstage concern institution Bain Capital.
Bain Capital’s Special Situations squad successful Europe managed the investment, which included plus origination, redevelopment, operational oversight, and the eventual exit.
The institution implemented a refurbishment programme for Cora Resort and Spa successful Afytos, Chalkidiki, with €24m ($28m) invested to reposition the spot arsenic a five-star destination.
The edifice present features aggregate restaurants and bars, on with a dedicated wellness centre.
After opening successful July 2023, the spot benefited from progressive operational management, including a modulation of absorption during 2024 that led to improved performance.
Fattal Hotels operates implicit 320 hotels spanning much than 120 destinations globally.
Bain Capital operating spouse Rob Mangan said: “Together with our section partners, we took a precise hands-on attack astatine Cora, executing a large refurbishment and repositioning programme and past actively managing the operations to thrust performance.
“The effect is simply a high-quality, five-star edifice successful 1 of Greece’s astir charismatic leisure markets. This merchantability reflects sustained capitalist appetite for well-located, well-invested hospitality assets, and we are pleased to manus the spot to an proprietor with heavy assemblage experience.”
Fattal Hotels M&A managing directors Guy Vardi and Yaniv Amzaleg said: “Greece and the wider Mediterranean basin person shown exceptional show successful caller years, and expanding our footprint successful this marketplace remains a strategical priority.
“This asset, which volition beryllium rebranded arsenic Meravia Hotel by Leonardo Limited Edition, represents a unsocial accidental to present a high-end merchandise successful 1 of the astir breathtaking hospitality markets today.”
In September 2025, Bain Capital invested successful French boutique edifice radical Les Hôtels de Paris, arsenic portion of its strategy to grow successful the European hospitality sector.
"Fattal Hotel purchases Cora Resort successful Greece from Bain Capital" was primitively created and published by Hotel Management Network, a GlobalData owned brand.
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