Starwood to Manage Greek Astir Palace
WHITE PLAINS, NY, June 8, 2006. Starwood Hotels & Resorts Worldwide Inc, winner of an international tender, is to manage the Astir Palace hotel complex in the Athens coastal resort of Vouliagmeni.
Starwood will take over management on July 1, Astir said in a statement on Wednesday.
"The arrival of Starwood will be accompanied by a major investment in human resources at the Astir, with continous and extensive training for staff," said Takis Arapoglou, chairman of Athens-quoted National Bank of Greece, owner of the Astir.
"This move will benefit both the Astir and tourism development in Greece overall," Arapoglou added.
Starwood manages four other hotels in Greece under the Luxury Collection brandname, including the Grande Bretagne Hotel in central Athens.
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