Brookfield and Domes Announce Joint Venture to Expand Domes Zeen Chania Hotel ...Middle East

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Brookfield and Domes Announce Joint Venture to Expand Domes Zeen Chania Hotel
source : hospitality net ( Middle East ) () 113
Domes and Brookfield, through one of its private real estate funds, today announced a joint venture whereby Brookfield will acquire a majority stake in the Domes Zeen Chania. Through the joint venture, Brookfield and Domes will expand the resort through an investment of over €40 million. Domes Zeen Chania is a 105-key beachfront resort located in Chania, one of the most prime destinations on the Greek island of Crete. The resort is part of Marriott’s Luxury Collection brand and has won numerous accolades including the World’s Leading Leisure Resort 2025 in the World Travel Awards. Brookfield has significant experience in the hospitality and extended-stay sectors, having invested in and expanded leading hospitality platforms across Europe including Center Parcs, edyn, Selenta Group, Experimental Group and Generator Hostels. Dr. George P. Spanos, CEO of Domes Resorts, said "We’re pleased to enter a joint venture with one of the world’s leading global real estate investors. With Domes no...

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