12° Nicosia,
25 July, 2024

Thanos Hotels' arrival signals shift in Nicosia's identity

Thanos Hotels' Nicosia venture: Profit over preservation?

Maria Eracleous

Maria Eracleous

In Nicosia, specifically within its historic center and nestled within the ancient walls, Thanos Hotels is gearing up for a new venture. Known for its presence in Paphos with renowned establishments like Almyra, Annabelle, and Anassa, the group is now extending its reach to the capital.

The inaugural property, Amyth, is set to welcome its first guests in September 2024, with renovation work having commenced in recent days.

Amyth boasts a modest scale, featuring ten rooms and 1 or 2-bedroom suites. Situated just a stone's throw away from the Archbishopric of Cyprus and the Byzantine Art Museum, the hotel stands opposite the Mansion of Kornesios Hatzigeorgakis, presently housing the Ethnological Museum of Cyprus.

Retaining its original charm, the interior spaces of the hotel reflect architectural elements dating back to the early 1990s.

The group's vision is to offer tourists a distinctive option, complementing their coastal stays in Paphos with an authentic experience in Nicosia's historic core.

Speaking to "K", Thanos Michaelides, the group's CEO, articulated that the endeavor aims to showcase Nicosia and its environs within the city walls, providing a nuanced glimpse into Cyprus's cultural richness. This initiative, he emphasized, aligns with the group's commitment to authenticity and quality, a hallmark across its portfolio.

Furthermore, Thanos Hotels has assumed management of the iconic Veregaria Hotel, slated for reopening in spring 2026, adding another historic gem to its collection.

[This article was translated from its Greek original]

Cyprus  |  Paphos  |  economy  |  hotels  |  tourism  |  heritage

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