Azora completed the acquisition of a majority stake in Donkey Hotels at a €300m valuation.

Azora, a real estate investment and asset management company, completed the acquisition of a majority stake in Donkey Hotels, a Greek hospitality company owning and operating luxury hotels in Athens and Santorini, at a €300m valuation. Through this partnership, the parties will jointly own, operate and expand Donkey Hotels, with the aim of building a hospitality platform that generates long-term value not only for shareholders, but also for employees, guests and local communities across the country. Greece recently retained its top five European ranking as a destination for investors according to CBRE's recently published European Hotel Investor Intentions Survey 2025, supported by strong tourism trends and a growing luxury hotel segment.