INNSide by Melia Elounda

Investment Funding - Greece 2.0 NetGenerationEU

A NEW CHAPTER FOR ELOUNDA

From Elounda Ilion to Innside by Melia Elounda

The project marks the complete repositioning of the former Elounda Ilion Hotel Bungalows, an 80-room property, through acquisition, extensive renovation and operational upgrade, transforming it into a contemporary resort under the INNSiDE by Meliá brand.

DESIGNED FOR TODAY.

Contemporary design. Elevated experiences. A stronger connection to Crete.

The Transformation

ONE PROPERTY. A NEW EXPRESSION

BEFORE

POOL

AFTER

INVESTMENT AT A GLANCE

€14.2M

TOTAL INVESTMENT

€2.999M

RRF FINANCING

80

ROOMS

4* → 5*

UPGRADE

ELOUNDA. REIMAGINED.

A LONG-TERM INVESTMENT IN HOSPITALITY

Designed to enhance Elounda’s premium hospitality offering, the investment brings together contemporary architecture, guest-focused spaces and an internationally recognized lifestyle brand.

01

DESIGN

Modern spaces built around comfort and experience.

02

EXPERIENCE

A 5* destination with a contemporary lifestyle identity.

03

CRETE

A renewed hotel experience rooted in Elounda

OFFICIAL INVESTMENT TITLE

Acquisition, renovation and upgrade to 5-star category of the ‘Elounda Ilion Hotel Bungalows’ hotel complex, formerly a 4-star property with a capacity of 80 rooms, located in Elounda, Municipal Unit of Agios Nikolaos, Regional Unit of Lasithi, Region of Crete.


The investment was implemented with loan support from the European Union’s Recovery and Resilience Facility – NextGenerationEU

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