Yotel sets sights on Athens
Yotel has announced plans to expand its European footprint with the launch of YotelPad Athens – a 113-key urban aparthotel slated to open in 2026.
Marking the brand’s debut in Greece, the development comprises three centrally located buildings – Iras in Neos Kosmos, Miltiadou in Monastiraki and Peiraios in Omonoia – each positioned to cater to a diverse mix of leisure and business travellers.
Valpre Capital, the London-based investment manager behind the project, is currently leading the transformation of these properties into YotelPad Athens through a comprehensive renovation inspired by Yotel’s signature design and technology-led hospitality concept.
Each building will feature YotelPad’s signature amenities – including Mission Control, Grab+Go, Wash+Go and fully equipped gyms – while Peiraios will also offer a rooftop terrace with panoramic views of the Athenian skyline. The Pads (studios and one-bedroom apartments) are designed for space efficiency and comfort, catering to both short-term guests and long-stay residents.
“Athens is buzzing with energy — a city where ancient history and modern creativity come together in such a unique way,” says Rohan Thakkar, Chief Development Officer at Yotel. “With international arrivals hitting record highs, hotel occupancy on the rise, and recent government measures limiting short-term rentals, the market is ready for innovative, branded extended-stay offerings. YotelPad Athens reflects our confidence in this opportunity and our commitment to delivering smart, efficient spaces in the heart of the world’s most exciting cities.”
Ahmad Hariri, Managing Partner at Valpre Capital, adds: “We see Athens as a truly global destination with untapped potential in the extended stay market. Partnering with Yotel allows us to create something that feels fresh and international, while still staying true to the character of the city’s vibrant neighbourhoods.”
YotelPad Athens follows the successful opening of YotelPad London Stratford and precedes a wave of new extended-stay developments in Southeast Asia and other key global markets.
