The iconic Athens Hilton will apparently go on the sale block as Alpha Bank has commenced the process to sell the subsidiary that manages the five-star operation.
Alpha Bank, one of four systemic Greek banks, owns 97.3 percent of the firm Ioniki, which owns and manages the Athens Hilton.
The development comes after another major announcement in the domestic hospitality sector, the merger of the companies Sani and Ikos, a deal that included participation of the investment fund Oaktree.
