The agreement marks Mercan Group´s debut investment in Greece, strengthening Wyndham’s presence in the Mediterranean.

Wyndham Hotels & Resorts, the world’s largest hotel franchisor, has signed a franchise agreement with Mercan Greece to introduce Wyndham Corfu Acharavi, a 4-star beachfront hotel in Corfu. This milestone collaboration marks Mercan Group´s entry into the Greek hospitality market and reinforces Wyndham’s commitment to expanding its footprint in the Mediterranean.

The property, currently operating as Corfu Acharavi Hotel, is set to undergo renovations and upgrades as part of the rebranding, aligning with Wyndham’s signature service and design standards. Located on Corfu’s scenic northern coast, the hotel offers a prime beachfront setting along a 7-kilometer stretch of sandy shoreline, facing the turquoise waters of the Ionian Sea, making it an ideal destination for leisure travelers and families.

A Strategic Expansion in Greece

Mercan’s investment in Corfu is a significant step in the group’s European expansion strategy, reflecting its commitment to sustainable growth, innovation, and high-quality hospitality experiences. The company has been actively expanding across Europe, and its entry into Greece underscores the country’s growing appeal as a top-tier tourism and investment destination.

With over 9,300 hotels across more than 95 countries, Wyndham Hotels & Resorts continues to strengthen its presence across the Mediterranean, including Greece’s most sought-after destinations.

A Destination of Unparalleled Beauty

Set amidst lush Mediterranean gardens and panoramic sea views, the hotel combines architectural sophistication with an authentic island charm. Wyndham Corfu Acharavi will feature 150 elegant guest rooms, with plans to expand the offering to include additional luxury suites and premium accommodation. After the expansion, the hotel’s capacity is expected to reach 180 rooms. The hotel will provide a range of high-end facilities, including:

• Refined dining experiences, featuring locally inspired cuisine
• A spa & wellness center, including a heated indoor pool
• State-of-the-art fitness facilities
• Event spaces, catering to weddings and private gatherings
• Tennis courts & recreational areas
• A souvenir mini market
• Dedicated kids’ play area.

Corfu is one of Greece’s most iconic and beloved destinations, renowned for its rich cultural heritage, Venetian architecture, and crystal-clear beaches. With excellent ferry and air connections to nearby islands such as Paxos, Lefkada, and Kefalonia, as well as mainland Greece, the island serves as both a standalone destination and a key starting point for unforgettable journeys across the Ionian Sea.

Mr. Theodoros Kioutsoukis, President of Mercan Greece, stated: “Corfu holds a special place in the hearts of travelers from all over the world. With this agreement, we are not only investing in a destination of natural beauty and cultural heritage but also reinforcing our commitment to delivering high-end hospitality experiences in Greece. Partnering with Wyndham ensures that the Wyndham Corfu Acharavi will offer the highest standards of service and global reach while staying true to the charm and authenticity of the island.”

Mr. Vassilis Themelidis, Regional Director for South and East Europe at Wyndham Hotels & Resorts, commented: “Our partnership with Mercan Group introducing Wyndham Corfu Acharavi reflects our commitment to expanding in key Mediterranean destinations while strengthening our presence in high-potential leisure markets. As we continue to diversify Wyndham’s portfolio through strategic franchise and conversion opportunities, Greece remains an important part of our regional growth strategy. This new opening not only enhances our footprint in the country but also reinforces our dedication to delivering high-quality hospitality experiences that cater to both local and international travelers.”

With a portfolio of over 30 hotel projects and a total investment exceeding €1.3 billion in Europe, Mercan is committed to creating landmark destinations in partnership with global hotel brands. The company expanded into Greece in 2024, furthering its mission to deliver premium hospitality developments in Europe’s most promising tourism markets.