On 30th September 2014, following an equity issue of €72,5 million, CCCT’s participation was reduced to 25%. Through the proceeds L’ Union Nationale (Tourism & Sea Resorts) Ltd eliminated all outstanding debt. The Resort closed in November 2014 for major renovation and reopened in March 2019, under a new name, Parklane Resort & Spa, within the Luxury Collection Chain of Marriot International Inc.
Galatariotis Group
