Thanos Hotels & Resorts

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Thanos Hotels & Resorts is a Cypriot hospitality group active in the ownership, development and management of hotel properties.

The group was founded in 1971 by Alekos Michaelides and operates and manages a portfolio of hospitality properties in Cyprus and Greece, including Anassa, Almyra, Annabelle and the Amyth Hotels collection.[1]

History

Foundation

Thanos Hotels & Resorts was founded in 1971 by Alekos Michaelides with the aim of developing and managing high-quality hotel properties in Cyprus.[2]

Following his death in 2008, leadership of the group passed to his children, Thanos, Anna and Natasha Michaelides, who were already active within the organisation.

Development

The group gradually expanded its presence in the hospitality sector, developing and managing hotel properties in Cyprus and later in Greece, particularly in Mykonos.

Hotel portfolio

Thanos Hotels & Resorts operates and manages hotel properties in Cyprus.

Anassa Hotel

Anassa is a seaside hotel located in the Latchi area of Polis Chrysochous, Cyprus. It has operated as a luxury hospitality property since the 1990s.[3]

Almyra Hotel

Almyra is a seaside hotel located in Paphos, Cyprus, near the city's harbour area.[4] The property originally operated as the Paphos Beach Hotel, the first hotel in the group's portfolio, which opened during the 1972–73 season.[5] In 2003, the hotel underwent expansion and renovation works and was relaunched under the name Almyra.

Annabelle Hotel

Annabelle is a seaside hotel in Paphos that opened in 1987. It forms part of the group's luxury hospitality portfolio.[6]

Amyth Hotels

Amyth Hotels is a collection of boutique hotels operated by the group in Nicosia and Mykonos.

Amyth of Nicosia

Amyth of Nicosia is located in the old town of Nicosia and forms part of the Amyth Hotels collection. It opened in 2025.[7]

Amyth of Mykonos

Amyth of Mykonos is a boutique hotel in Agios Stefanos, Mykonos, and forms part of the Amyth Hotels collection. It opened in April 2023.[8]

Antasia Beach Club

Antasia Beach Club is a seaside dining and leisure venue in Paphos, Cyprus, and forms part of the group's hospitality activities. It opened in 2021.[9]

Hotel management services

Thanos Hotels & Resorts is active in the field of hotel management, providing operational support, strategic planning and advisory services for hospitality properties.[10]

Development projects

As part of these activities, the group participates in hotel development and redevelopment projects in Cyprus.

One of the projects in which the group is involved is the Berengaria Hotel, a historic hotel in the village of Prodromos that is being restored and redeveloped as a mountain resort. The group participates in the project in an advisory capacity in relation to its planning and future operation.[11]

Another project involving the group is Palm Beach Resort, a mixed-use development in Voroklini, Larnaca, involving the redevelopment of the former Palm Beach Hotel into a seafront hospitality and residential complex. The group participates in the management and operation of the project through Thanos Hospitality Services.[12]

References