Dolphin Capital plans to launch first luxury floating hotel in Greece

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Greece
A beach in Greece

(TAN): British Virgin Islands-based real estate investing company Dolphin Capital plans to introduce the first luxury floating hotel in Greece, reports said.

The hotel, targeted at upscale travellers, could reportedly open in 2021.

“This is very strategic move for Dolphin, in addition to our investments in real estate, as we believe that a sector in Greece that has yet to be developed is the sector of sea tourism. … It will be the most luxurious floating hotel in the world under the brand of a leading international chain,” Miltos Kambourides, the co-founder and managing partner of Dolphin, was quoted by Greek Travel Pages as saying.

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Kambourides reportedly added that the investment, worth between EUR 50 million (USD 55.61 million approximately) and EUR 100 million, is meant to provide a luxury experience at sea.

He said the company has bought a 180-metre yacht which is being restructured to function as a floating hotel offering luxury hospitality, and will dock at select Greek ports once in operation, reports said. Kambourides reportedly said Dolphin Capital eventually plans to run seven floating hotels across the globe.

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Dolphin Capital, that specialises in hospitality investment and development, has developed uber luxury residential resorts around the world, including luxury resort Amanzoe, One & Only Kea Island resort, and Nikki Beach resort in Greece, and Amanera in Dominican Republic, among others.

Dolphin also operates in the experimental entertainment sector – it opened the Museum of Illusions in Athens, Greece, and reportedly plans to unveil five more such museums in Madrid, Thessaloniki, New Delhi, Porto and Orlando.

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