Acquired in 2020 in partnership with Henderson Park, Hines redeveloped the dilapidated hotel in a prime location on the shores of a beautiful bay, unveiling it in 2022 as a branded MGallery by Accor resort.
Opting for neither complete demolition of the existing building nor for a superficial upgrade, the right balance was achieved by retaining the original structure and at the same time increasing the usable floor area to 7,900 sqm by optimising the existing interior space, creating 136 rooms of which 20 are junior suites and 3 suites.
Externally, the wave-inspired new façade of this 5-star hotel blends seamlessly into its environment at the very edge of the sea. In addition to the infinity pool on the main terrace and the previously inaccessible rooftop pool, there are dozens of smaller and more exclusive pools on the resort’s private terraces.
The opening of the NIKO Seaside Resort has breathed new life into this area of Agios Nikolaos, and triggered a series of other renovation projects, including nearby shops. The local authority has also given its commitment to upgrade the surrounding waterfront promenade.