AIM-listed Dolphin Capital Investors (DCI) has appointed Kempinski Hotels, Europe's oldest luxury hotel group, to manage the Lavender Bay Golf Resort near Volos. The new project, which is scheduled to open in 2011, is expected to be among the first integrated leisure resorts of this kind to be launched in the Greek tourism market. It is also anticipated to become one of the leading golf resorts in Greece, according to the company announcement.
AIM-listed Dolphin Capital Investors (DCI) has appointed Kempinski Hotels, Europe's oldest luxury hotel group, to manage the Lavender Bay Golf Resort near Volos. The new project, which is scheduled to open in 2011, is expected to be among the first integrated leisure resorts of this kind to be launched in the Greek tourism market. It is also anticipated to become one of the leading golf resorts in Greece, according to the company announcement.
The five-star resort will comprise a hotel unit with 250 guestrooms as well as numerous villas with residences. The complex also includes an 18-hole Gary Player Signature Championship Golf Course and a Beach Club, extensive spa, wellness and conference facilities, as well as four restaurants and two bars.
Miltos Kambourides, managing partner of DCI, said: 'This marks an important milestone in the successful delivery of our development, and also underlines Lavender Bay’s significance within the Greek and Southern European tourism market.'
DCI is managed by Dolphin Capital Partners, an independent private equity management firm, founded in 2004 by Miltos Kambourides and Pierre Charalambides after leaving Soros Real Estate Partners. The company specialises in real estate investments in south-east Europe.
