Piraeus Bank Signs Financing Agreement of €40 million with Thomas Cook Hotel Investments
Piraeus Bank signed a financing agreement of €40 million with Thomas Cook Hotel Investments (TCHI), a joint venture between Thomas Cook plc and LMEY Investments AG.
Piraeus Bank is the sole financial partner of TCHI in Greece and the financing will be used to invest in local hotel properties.
Thomas Cook Hotel Investments was established in March 2018 to support the growth of Thomas Cook’s own-brand hotels in Spain and Greece. The portfolio of TCHI includes owned hotel properties in Rhodes and Crete under the brand of Sunwing.
Thomas Cook Group is one of the world’s leading leisure travel groups, with sales of £9 billion in the year ended 30 September 2017, serving over 20 million customers annually. Thomas Cook was the biggest international tour operator in Greece this year, while it served 3 million customers.
Funding of tourism, a vital sector for the Greek economy, is a key priority for Piraeus Bank. With a tourism portfolio in excess of €2 billion, the Bank supports tourism businesses and honors its commitment to enhance healthy entrepreneurship and lead the restoration and growth of the Greek economy.
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Skriv dig op her, og modtag pressemeddelelser på e-mail. Indtast din e-mail, klik på abonner, og følg instruktionerne i den udsendte e-mail.
Flere pressemeddelelser fra Business Wire
CA-ANDERSEN-TAX26.3.2019 19:45:06 CET | Pressemeddelelse
Andersen Global træder ind i Qatar
HUAWEI26.3.2019 17:06:04 CET | Pressemeddelelse
Huawei Rewrites the Rules of Photography with Groundbreaking HUAWEI P30 Series
TAKEDA26.3.2019 16:03:09 CET | Pressemeddelelse
Takeda Presents New Data at the Endocrine Society’s 2019 Annual Meeting about the Patient Burden and Long-Term Impact of Chronic Hypoparathyroidism
CA-VEEVA-SYSTEMS-INC.26.3.2019 16:00:08 CET | Pressemeddelelse
LEO Pharma Standardizes on Veeva Development Cloud to Speed Drug Development
KEIO-PLAZA-HOTEL-TOKYO26.3.2019 15:07:09 CET | Pressemeddelelse
Keio Plaza Hotel Tokyo Hosts Japanese Sword Culture, Armor Exhibition – “Japan’s Soul and Beauty of Swords and Armor by Legendary Artisans”
VIVIOR-AG26.3.2019 14:20:13 CET | Pressemeddelelse
Vivior’s System Cleared for CE Mark – Market Introduction This Year in Europe
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter samt finde vores kontaktoplysninger.Besøg vores nyhedsrum