Louis Group

Blackstone to buy five hotels in Greek islands

Published by Kathimerini on Fri, 09/20/2019 - 13:43

Blackstone Real Estate Partners Europe, a unit of US private equity firm Blackstone Group, agreed to buy five hotels in Greece from Louis Group in a deal valued at 178.6 million euros (197 million dollars), the firm said on Friday. 

Greece has seen an upsurge in tourism in recent years. A record number of about 33 million visited year. 

Thomas Cook gives Corfu ‘blood money’ for children’s deaths to charity

Published by Protothema on Tue, 05/19/2015 - 07:56

Travel company Thomas Cook said that it had received 1.5 million pounds in 2013 as part of a settlement with the hotel owner Louis Group in connection with the deaths of Bobby and Christi Shepherd, aged 6 and 7 years, in Corfu due to a faulty boiler in 2006.