Hotels & Hospitality.
Acquisition, licensing, management agreements and sale of hotel assets. Airbnb and short-term rental regulation, for owners, operators and investors across Greece.
Acquisition, licensing, management agreements and sale of hotel assets. Airbnb and short-term rental regulation, for owners, operators and investors across Greece.
Hotels & Hospitality
Greece's hospitality sector is a distinct legal environment within real estate, not a variant of a standard property transaction. A hotel is a regulated operating business attached to a piece of real estate: it needs an operating licence issued under the Greek National Tourism Organisation (EOT) framework, it typically employs staff whose contracts follow their own transfer rules under Greek labour law, and it often sits inside a management or franchise agreement with an international brand that survives — or complicates — a change of ownership. Buying, selling or developing a hotel means addressing all of these layers at once, not just the title to the land. A hotel lawyer in Greece establishes the correct classification first, since it determines the entire licensing path.
Due diligence on a hotel asset goes well beyond title and encumbrances. A proper review verifies the property's licensing status and category classification, checks whether the operating licence is current and transferable, examines any existing management or franchise agreement for change-of-control and termination provisions, and assesses the employment position of hotel staff who may transfer with the business under Greek transfer-of-undertakings rules. Missing any one of these can turn what looked like a straightforward acquisition into a licensing gap or an unplanned employment liability after closing.
A hotel transaction is a real estate deal, an operating licence, an employment question and often a brand contract, all at once — treating it as only the first of those is where acquisitions go wrong. Management and franchise agreements bring a hotel lawyer in Greece into commercial negotiation as well as licensing.
The short-term rental picture has shifted quickly and continues to move. Airbnb and short-term letting in Greece are now subject to registration and tax compliance requirements that have tightened materially in recent years, particularly in central Athens and popular island destinations where local authorities have introduced additional restrictions on new short-term rental registrations. Owners and operators who built a rental strategy around the rules of a few years ago need to check it still holds — and those structuring a hotel or serviced-apartment project alongside a short-term rental component need the two regimes to work together from the outset, not be reconciled after the fact. Tell us the property and intended operation and we will map the licences.
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Frequently Asked Questions
Every hotel operating in Greece needs an operating licence issued under the framework administered by the Greek National Tourism Organisation (EOT), along with a category classification (typically expressed in stars or keys) that determines the standards the property must meet. Depending on the property, additional permits may be required covering food and beverage service, health and safety, swimming pools and fire safety. The licence and classification are tied to the specific property and its physical characteristics, and operating without a valid, current licence exposes the operator to fines and potential closure. We verify licensing status as a first step in any hotel transaction and handle new applications, renewals and transfers directly.
Beyond standard title and encumbrance checks, a hotel acquisition requires verifying that the operating licence is current, correctly classified and transferable to a new owner, and examining any existing management or franchise agreement for change-of-control provisions that could survive or complicate the sale. You also need to assess the employment position of hotel staff, who may transfer automatically to the new owner under Greek transfer-of-undertakings rules, along with any accrued employment liabilities. We run this diligence as a coordinated process rather than treating the licensing, employment and contractual questions as separate afterthoughts.
Most international hotel brands operate in Greece under either a management agreement, where the owner retains the asset and the brand operator runs the hotel for a fee and often a share of profit, or a franchise agreement, where the owner operates the hotel independently under the brand's standards and systems. These contracts allocate operational control, revenue distribution, capital expenditure obligations and termination rights in ways that materially affect the asset's value and flexibility, and they typically run for long terms with renewal and exit provisions that need careful review before signing or before acquiring a property already subject to one. We negotiate and review these agreements from the owner's side, with particular attention to termination and change-of-control clauses.
Short-term rental in Greece requires registration with the tax authorities and compliance with specific tax treatment for short-term letting income, and the rules have tightened considerably in recent years. Central Athens and several popular island destinations have introduced additional local restrictions, including limits on new short-term rental registrations in certain areas, in response to housing-availability pressure. The framework continues to evolve, and a compliance approach that was correct a few years ago may no longer be sufficient today. We review current registration and tax status for existing short-term rental portfolios and structure new acquisitions with the current rules in mind.
Yes. Ground-up resort and hospitality development involves land acquisition, zoning and permitting, construction and infrastructure contracts, and pre-opening licensing, all of which need to be sequenced correctly to avoid delays. We advise on land acquisition structuring, coordinate with the permitting process, review construction and development contracts, and handle the operating licence application so the property is positioned to open compliant on day one, whether it will be independently operated or run under an international brand.
Yes. Island hospitality is a core part of this practice — hotels, villa complexes and short-term rental portfolios on Crete, Mykonos, Santorini and Corfu. Seasonal operation, classification and short-term rental registration raise issues that mainland city hotels rarely encounter.
A confidential conversation about your hotel or hospitality asset, its licensing status, and what needs to be in place before you proceed.