Goldman Sachs Is Investing About $200 Million In 3 Greek Hotels

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Goldman Sachs is investing $163m to $217m in Greek hotels and is planning to buy more, according to unnamed sources cited by the Wall Street Journal. The bank reportedly bought three hotels in the Halkidiki region last October and plans to renovate them. In May 2022, Greek newspaper Kathimerini reported that Goldman was in talks to acquire three hotels in the region, and last October, the Capital Quest reported that the bank planned to invest in hotels to tap into the thriving Greek tourism industry. The Journal also reported that Goldman was looking for more properties in Greece and other parts of Europe with a view to running them under a single brand.

 There are many tour operators and excursion companies that offer tours and activities in the ports of call that cruise ships visit. These companies often provide more specialized and personalized experiences compared to the excursions offered by the cruise line, and they can be a great option for travelers who want to explore the destination in a more unique way. Just be sure to do your research and choose a reputable company with good reviews before booking any excursions. It seems that the bank has purchased three seaside properties in the northern region of Halkidiki. It is not clear what the bank intends to do with these properties, but it is possible that they could be used for a variety of purposes, such as development, investment, or resale.