What ANASSA does

Anassa is a luxury 5-star Mediterranean resort located in Neo Chorio on Cyprus's northwest coast near Paphos, founded in 1998 and operated as part of the Thanos Hotels & Resorts group under the legal entity Aether Anthana Limited. The 123-key property offers 25+ room categories ranging from 41 m² Garden View Rooms to Presidential Suites and multi-bedroom residences with private pools, with rates quoted in Euros per room per day inclusive of buffet breakfast. The resort operates five restaurants (Amphora buffet, Helios fine dining French-Mediterranean, Basiliko Asian gourmet, Pelagos seafood, Village Square buffet) and four bars, alongside an award-winning Thalassa Spa featuring thalassotherapy, hydrotherapy pools, and exclusive partnerships with Augustinus Bader and Subtle Energies product lines. Ancillary revenue streams include four age-segmented kids clubs (Titans 4mo-2yr, Griffins 3-4yr, Centaurs 5-7yr, Tritons 8-12yr), RYA-certified sailing courses and water sports, wedding and conference venues (Zephyros Ballroom up to 400 theatre capacity), and curated experiences (pottery, photography, wine tasting).

The business operates a direct-to-consumer luxury hospitality model with sales-led distribution through book.anassa.com, multilingual phone reservations, and the Leading Hotels of the World global booking platform as a referral channel. Pricing is largely transactional per-room-night with ancillary unit pricing for kids clubs (€70-85/day), venue exclusivity (Zephyros €3,500), and pet cleaning fees (€200), and a cancellation policy of free cancellation until 3 days before arrival. The technology stack is conventional for the segment: a property management system, Azure-hosted CRM, and JCC Payment Systems gateway; no proprietary technology platform, AI capabilities, or API ecosystem is disclosed. The resort is a member of Leading Hotels of the World and holds Travelife Gold and LHW Sustainability Leader certifications, and in 2026 completed a €10 million property transformation upgrading Junior Suites, villas, and the main terrace alongside a new grill-focused Amphora concept. The parent group also operates sister properties (Annabelle, Almyra, Amyth Hotels, Palm Beach Resort, Antasia Beach Club) under Thanos Hotels & Resorts, led by Group CEO Thanos Michaelides who additionally serves as president of the Cyprus Hotels Association (PASYXE).

Name

ANASSA

Legal name

Aether Anthana Limited

Website

https://anassa.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Anassa is a privately held luxury 5-star Mediterranean resort in Paphos, Cyprus, part of Thanos Hotels & Resorts, serving affluent leisure travelers, families, couples, and wellness seekers with 123 keys, five restaurants, an award-winning Thalassa Spa, and kids clubs.

Ownership category

akta.pro rank

Product category

Luxury Resort Hospitality

NAICS

Hotels (except Casino Hotels) and Motels (72111), Accommodation (721), Traveler Accommodation (7211), Full-Service Restaurants (722511)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Hotels & Motels (7011)

akta.pro primary industry

Beachfront & Island Luxury Resorts (THAGACAA)

akta.pro secondary industries

Resort Convention Hotels (THAGALAC), Hotel & Resort Restaurants (THAFACAH)

Keywords

• Luxury resort accommodations
• Five-star Mediterranean hospitality
• Thalassotherapy spa services
• Destination wedding venues
• Family resort amenities

Headquarters

HQ city

Neo Chorio

HQ country

Cyprus

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Accommodation: Room reservations across 24+ room categories ranging from Garden View Rooms to multi-bedroom residences with private pools. Rates quoted in Euros per room per day inclusive of buffet breakfast.
2. Food & Beverage: Revenue from five restaurants (Amphora buffet, Helios fine dining French-Mediterranean, Basiliko Asian gourmet, Pelagos seafood, Village Square buffet) and four bars (Armonia Lounge, Blue Bar, Meltemi Pool Bar, Amorosa Terrace)
3. Spa & Wellness: Thalassa Spa treatments including massages, facials, thalassotherapy, detox, and aromatherapy using premium product lines
4. Kids Club: Children's clubs for ages 4 months to 12 years (Titans, Griffins, Centaurs, Tritons) with daily rates of €70-85
5. Water Sports & Activities: Waterskiing, wakeboarding, sailing, windsurfing, parasailing, scuba diving, snorkeling, banana rides, tubes, SUP, kayaks, pedalos, jet skis, motorboats, RYA certified sailing courses
6. Events & Weddings: Conference and meeting venues, wedding ceremony and reception services across multiple venues including Zephyros Ballroom, Helios, Village Square, and beach locations
7. Pet Services: Dog-friendly accommodation with non-refundable cleaning fee of €200 per stay for dogs up to 12 kilos
8. In-Room Dining: 24-hour in-room dining service for guests

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels10 records

Core offering

Anassa is a luxury 5-star Mediterranean resort that sells overnight accommodations across 25+ room and residence categories, along with on-site dining, an award-winning thalassotherapy spa, age-segmented children's clubs, water sports, and wedding and meeting venues. The property operates 123 rooms, five restaurants, and four bars, with all-inclusive buffet breakfast and 24-hour in-room dining as core guest services.

Product overview

Anassa is a luxury 5-star Mediterranean resort in Paphos, Cyprus, offering an integrated hospitality experience centered around its accommodation portfolio of 25+ room categories ranging from Garden View Rooms to Presidential Suites and private residences. The property features six dining outlets (Amphora buffet restaurant, Helios fine dining, Basiliko Asian cuisine, Pelagos seafood, plus Armonia Bar, Meltemi Pool Bar, and Blue Bar), the award-winning Thalassa Spa with thalassotherapy treatments, age-specific Kids Clubs (Titans, Griffins, Centaurs, Tritons), extensive conference and event venues, and diverse water sports activities. The Baby Go Lightly service provides pre-orderable baby equipment, while curated Thalassa Experiences offer photography, pottery, wine tasting, and glamour sessions. The resort recently underwent a €10 million transformation upgrading its Junior Suites and villa categories.

Differentiator

Problem solved

Functional benefit

Products and services

• Room Accommodations 25+ room and residence categories from Garden View Rooms (41 m²) to Presidential Suites and multi-bedroom private-pool residences accommodating 2-9 guests, with rates in euros per room per day inclusive of buffet breakfast.
• Thalassa Spa Award-winning thalassotherapy spa offering hydrotherapy pools, saunas, steam rooms, Romanesque indoor pool, massages, facials, and holistic therapies using Subtle Energies, Augustinus Bader, Tata Harper, and Opatra products.
• Amphora Restaurant Main buffet restaurant serving breakfast and dinner with live cooking stations, themed nights, and a new grill-focused dining concept introduced as part of the 2026 transformation.
• Helios Restaurant Fine dining à la carte restaurant offering French-Mediterranean cuisine with an elegant atmosphere; multiple-time recipient of the Toques d'Or Golden Cap award.
• Basiliko Restaurant Signature Asian gourmet cuisine restaurant for guests over 12 years old; multiple-time Toques d'Or Top Notch award recipient.
• Pelagos Restaurant Al fresco seafood restaurant serving Mediterranean and Cypriot dishes for lunch and dinner; recipient of the Toques d'Or Cypriot Cuisine award.
• Kids Clubs (Titans, Griffins, Centaurs, Tritons) Age-segmented supervised children's clubs: Titans (4 months-2 years) at €85 per day, Griffins (3-4 years), Centaurs (5-7 years), and Tritons (8-12 years) at €70 per day per child, operating 6 days per week.
• Conference and Wedding Venues Event venues including Zephyros Ballroom (375 sqm, capacity 400 theatre / 280 round tables; exclusivity fee €3,500), Helios, Village Square, beach locations, and Roman Gardens, supporting weddings, meetings, and private events.
• Water Sports and Activities Waterskiing, sailing, diving, jet skis, parasailing, SUP, canoeing, kayaks, pedalos, and RYA-certified sailing courses for guests.
• Bars (Armonia, Blue, Meltemi, Amorosa Terrace) Four bars: Armonia Lounge (breakfast, lunch, dinner with live music), Blue Bar (beach), Meltemi Pool Bar (swim-up), and Amorosa Terrace for beverages and light dining.
• Pet-Friendly Accommodation Designated dog-friendly room categories for dogs up to 12 kilos with a non-refundable cleaning fee of €200 per stay.
• Thalassa Experiences Curated guest experiences including Family Photography Session, Pottery Session, Ultimate Glamour Shoot, and Private Wine Tasting, bookable individually.
• 24-Hour In-Room Dining In-room dining service available 24 hours for guest convenience.

Quantifiable outcome

• €10 million invested in property transformation including Junior Suites, villas, and main terrace
• +3 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• SIMBA Animal Aid CypruscoreStrategic or Co-development Partner · 1 January 2019Non-profit organization dedicated to rescue of neglected or abandoned local animals, established by Thanos Hotels & Resorts in 2019. Company and staff cover all financial, operational and maintenance needs of SIMBA's Nicosia dog shelter, providing care and finding forever homes for around 400 strays annually.
• Round Table 7 PaphoscoreStrategic or Co-development PartnerCollaboration with Round Table 7 Paphos to provide postgraduate level scholarships to students facing financial hardship. Ten scholarships totaling €132,000 awarded to local Cypriot students for study at Cypriot universities and abroad. Inspired by late founder Alecos Michaelides' passion for education.
• Leading Hotels of the WorldcoreChannel Partner/ Reseller/ DistributorCertified member of Leading Hotels of the World, providing global booking platform access, marketing reach, and the Sustainability Leader designation aligned with Global Sustainable Tourism Council Criteria.
• TravelifeminorOthersGold certified member of Travelife, an internationally recognized award scheme for independently audited hotels with high standards of environmental management in emissions, biodiversity, human rights, fair labour, child safeguarding and animal welfare.
• Cyprus Sustainable Tourism InitiativeminorOthersCertified member of Cyprus Sustainable Tourism Initiative, supporting sustainable tourism practices in Cyprus.
• Cyprus Handicraft ServiceminorStrategic or Co-development PartnerPartnership with Cyprus Handicraft Service for Craftland project envisioning a future for traditional handicrafts through contemporary arts, hosted at Anassa June-October 2022.
• Sophia Foundation for ChildrenminorStrategic or Co-development PartnerOngoing support for Sophia Foundation for Children, honored for 'I cook and I offer' programme during an event at the Presidential Palace.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Annabelle Hotel Cyprus: Sister property under Thanos Hotels & Resorts in Paphos, offering 5-star luxury beachfront accommodation with similar Mediterranean positioning, multiple restaurants, and family amenities. Direct operating comparable.
• Four Seasons Hotel Limassol: 5-star luxury resort in Limassol, Cyprus, operating as a Four Seasons-branded property. Comparable in rate band, brand prestige, and guest profile within the Cyprus luxury market.
• Amara Hotel Limassol: 5-star luxury beachfront resort in Limassol, Cyprus, with multiple restaurants, spa, and family facilities. Direct competitor in the premium Mediterranean segment within the same country.
• Parklane, a Luxury Collection Resort & Spa, Limassol: 5-star luxury resort in Cyprus within Marriott's Luxury Collection, opened 2019, comparable in family amenities, spa, and multiple F&B outlets. Competes directly for luxury inbound demand to Cyprus.
• Almyra Hotel Cyprus: Sister property under Thanos Hotels & Resorts in Paphos, contemporary 5-star beachfront resort. Closest operational comparable given shared ownership, brand, distribution, and overhead structure.

Broad incumbents

• One&Only Reethi Rah (Maldives): Flagship ultra-luxury beach resort within the One&Only portfolio, comparable in high-end service standards, ADR band, and award pedigree. Benchmarks the upper ceiling of luxury resort valuation.
• Belmond Hotel Splendido (Italy): Iconic luxury resort within the Belmond (LVMH) portfolio, offering comparable 5-star Mediterranean positioning, fine dining, and spa. Useful higher-end Mediterranean luxury benchmark.

Regional players

• Amanzoe (Greece): Ultra-luxury resort on the Peloponnese coast, Greece, comparable in privacy, Mediterraen beachfront positioning, and high-end wellness amenities. Closest regional luxury benchmark in Eastern Mediterranean.
• Marbella Club (Spain): Iconic luxury beachfront resort on the Costa del Sol, comparable in Mediterraen heritage, family multi-generational appeal, and award reputation. Comparable pricing tier and product mix.
• Columbia Beach Resort (Cyprus): 5-star beachfront resort in Pissouri, Cyprus, comparable in family amenities, beach setting, and food and beverage breadth. Adjacent Cypriot luxury competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks3 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@anassaresort
• Facebookfacebook.com/Anassa.Hotel
• Instagraminstagram.com/anassa_resort
• LinkedInlinkedin.com/company/anassa

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ANASSA