AXIA Ventures Group’s Post

AXIA Ventures Group acted as Exclusive Financial Advisor to Donkey Hotels & Resorts and its shareholders in their transaction with Azora. Azora, a leading international alternative investment management platform and one of the leading hospitality and leisure investors in Europe, has entered into a strategic partnership with the Ioannou family through Donkey Hotels S.A., with a shared vision to establish an institutional-quality hospitality platform focused on the Greek market. This partnership has been formed through the acquisition by funds managed by Azora of a 50.1% equity stake in Donkey Hotels from exiting minority shareholders, with the remaining 49.9% of the company retained by members of the Ioannou family, represented by Mr. Christos Ioannou.   Donkey Hotels currently owns and operates five luxury hospitality assets in Greece, with a total of 834 rooms, including four iconic assets in Athens – InterContinental Hotel, NEW Hotel, Semiramis Hotel and Periscope Hotel – and the NOUS Hotel in Santorini. As part of the transaction, both parties have agreed to commit new capital to Donkey Hotels to execute an agreed strategic growth plan. The joint venture has strong ambitions to grow the platform through acquisitions of leisure and business travel focused hotels across Greece.   The AXIA team is proud to have supported Donkey Hotels S.A. and its shareholders, acting as their exclusive financial advisor, in this landmark transaction for the Greek hospitality market. #AXIAVenturesGroup #AXIA #Azora #DonkeyHotels #InvestmentBanking #Greece