MANNA ARCADIA

What MANNA ARCADIA does

MANNA ARCADIA is a privately held 5-star luxury hotel operated by OTUS HOTEL & TOURISM PRIVATE COMPANY in Korfoxylia Magoulianon, Arcadia, Peloponnese, Greece. The property occupies a restored 1929 sanatorium building — a protected historical monument originally built by architect Xenofontas Angelidis as the 'Mana Sanatorium' founded by Anna Melá — at 1,200 meters elevation in the ancient fir forest of Mount Mainalo. The hotel reopened after an extensive restoration by K-Studio and Monogon Office of Architecture, working in collaboration with archaeologists to preserve the original architecture.

The hotel offers 32 keys across five room tiers (In the Forest, In the Forest Superior, Superior Mountain View, Junior Suite, and Manna Suite) ranging from 22 to 55 sqm, plus a comprehensive wellness facility (forest sauna, hammam, cave pool, yoga, gym), a signature restaurant curated by award-winning chef Athinagoras Kostakos, curated outdoor experiences (mushroom hunting, canoeing, mountain biking, horse riding, honey harvesting), and event spaces for 10-80 guests. Technical infrastructure includes geothermal heating, in-floor radiant heating, copper freestanding bathtubs in signature suites, and proprietary lighting design by Eleftheria Deko. Distribution runs through the Synxis booking platform, phone reservations, and email inquiries, with international demand captured through earned media in Condé Nast, Financial Times, Forbes, The Times, Wallpaper, and Monocle.

MANNA generates revenue from four streams: luxury accommodation (quote-based pricing, seasonal promotions of -15% summer and -20% for 5-night stays), F&B (restaurant lunch, dinner, Sunday brunch, and event catering), wellness and spa services, and events/meetings. The property targets affluent couples, corporate and event planners, wellness enthusiasts, and adventure travelers, with pricing quote-based and not publicly disclosed. Founder and visionary Stratis Batagias leads the venture; the company has no parent, no venture capital backing, and no public listing.

Name

MANNA ARCADIA

Legal name

OTUS HOTEL & TOURISM PRIVATE COMPANY

Website

https://mannaarcadia.gr

Company type

Private

Founded year

1929

Operating status

Operating

Headcount range

11–50 employees

Short description

MANNA ARCADIA is a 5-star luxury heritage hotel in Arcadia, Peloponnese, Greece, operating 32 rooms in a restored 1929 sanatorium at 1,200m elevation and serving affluent couples, corporate event planners, and wellness travelers through direct booking.

Ownership category

akta.pro rank

Product category

Luxury Hotels

NAICS

Hotels (except Casino Hotels) and Motels (72111)

SIC

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

akta.pro primary industry

Mountain & Alpine Lodges (THAGAIAE)

Keywords

• Luxury hotel services
• Wellness spa hospitality
• Fine dining experiences
• Event venue hosting
• Nature retreat accommodations

Headquarters

HQ city

Korfoxylia Magoulianon, Arcadia

HQ country

Greece

HQ region

Europe

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Luxury Accommodation: Revenue from 32 rooms and suites ranging from standard forest-view rooms (22-25 sqm) to premium Manna Suites (52-55 sqm), with pricing based on room category and seasonality. Includes complimentary breakfast and mini-bar for certain room categories.
2. Fine Dining Restaurant: MANNA Restaurant, curated by award-winning chef Athinagoras Kostakos, generates revenue from lunch, dinner, Sunday brunch menus, and special event catering. Features Mediterranean and creative Greek cuisine with seasonal menu updates.
3. Wellness and Spa Services: Revenue from spa treatments, wellness therapies, sauna, hammam, cave pool access, yoga sessions, and fitness facilities. Seasonal limited edition treatments available.
4. Events and Meetings: Corporate events, conferences, weddings, and special gatherings hosted in indoor and outdoor spaces accommodating 10-80 guests. Includes custom catering by the hotel's award-winning kitchen.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

MANNA ARCADIA is a five-star luxury hotel in the Arcadia region of the Peloponnese in Greece, operated by OTUS HOTEL & TOURISM PRIVATE COMPANY. The property offers 32 rooms and suites, a signature restaurant, a wellness and spa facility, curated nature-based experiences, and a meetings and events program, all set within a restored 1929 sanatorium building at 1,200m elevation on Mount Mainalo.

Product overview

MANNA ARCADIA is a 5-star historic luxury hotel in Arcadia, Peloponnese, Greece, occupying a restored 1929 sanatorium building within an ancient fir forest at 1200m altitude. The property offers five distinct accommodation tiers (In the Forest, In the Forest Superior, Superior Mountain View, Junior Suite, and Manna Suite), a comprehensive wellness and spa facility, a signature restaurant by Chef Athinagoras Kostakos, diverse outdoor experiences, and event spaces for meetings and celebrations. The hotel's portfolio ranges from standard rooms (22-25 sqm) to premium suites (52-55 sqm), complemented by wellness treatments, gastronomic dining, and nature-based activities across all seasons.

Differentiator

Problem solved

Functional benefit

Brands

• MANNA Restaurant: Fine dining restaurant curated by award-winning chef Athinagoras Kostakos, featuring Mediterranean and Greek cuisine with locally sourced ingredients

Products and services

• Luxury Accommodation (In the Forest, In the Forest Superior, Superior Mountain View, The Junior Suite, The Manna Suite)
• Manna Restaurant
• Wellness and Spa
• Curated Experiences
• Meetings and Events

Quantifiable outcome

• Voted 2nd Best Hotel in the World by AHEAD Awards (SLEEPER MAGAZINE) 2024
• +4 more outcomes

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Michalis PappaminorStrategic or Co-development Partner · 1 January 2019Photographer who initiated the MITOS Project in 2019, an ongoing ethnographic documentary focusing on local traditional costumes throughout Greece. MANNA hosted the project and takes pride in the award-winning results and photographic heritage it delivers.
• K-StudiocoreStrategic or Co-development PartnerK-Studio (architectural and interior design firm) led the revival and restoration of the historic 1929 building, preserving its neoclassical architectural elements while transforming it into a modern luxury hotel. Collaboration included working with archaeologists to maintain historical authenticity.
• Monogon Office of ArchitecturecoreStrategic or Co-development PartnerMonogon Office of Architecture collaborated with K-Studio on the restoration project, contributing to the architectural revival of the protected monument building while respecting its original design and historical significance.
• Eleftheria DekocoreStrategic or Co-development PartnerInternationally acclaimed lighting designer responsible for MANNA's interior lighting design, which won the MUSE Global Gold Design Award. Her work enhances the atmospheric quality of the historic spaces.
• Athinagoras KostakoscoreStrategic or Co-development PartnerAward-winning chef curating MANNA Restaurant, creating Mediterranean and creative Greek cuisine based on local ingredients and zero-waste philosophy. His culinary leadership has earned the restaurant 1 star at FNL Best Restaurant Awards 2024 and 2025.
• Kid MoxieminorGTM or Marketing PartnerMusic artist providing theme music for the hotel, enhancing the atmospheric brand experience through curated audio branding featured on the website.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Whitepod: Luxury alpine lodge concept in the Swiss Alps featuring unique accommodations, wellness, and immersive nature experiences. Comparable as a design-forward mountain hideaway with experiential luxury, sustainability positioning, and direct-to-consumer booking model.
• Aristi Mountain Resort & Villas: Luxury boutique retreat in Zagori, Epirus — a Greek mountain resort with similar positioning: heritage character, refined design, outdoor activities, and nature-immersed wellness focus. Highly comparable geography, customer profile, and price point to MANNA.
• MarBella Nido Suite Hotel & Villas: Adults-only luxury boutique hotel in Sivota, Epirus, Greece with sea views, infinity pool, and refined dining. Comparable as a small-key Greek luxury property targeting affluent couples with adults-only positioning, though coastal rather than mountain.
• Amanzoe: Ultra-luxury resort near Porto Heli, Greece. Comparable as a top-tier Greek luxury hospitality property targeting the same international affluent traveler; Amanzoe competes via coastal access and Aman brand pull versus MANNA's mountain heritage positioning.
• Bio-Hotel Stanglwirt: Five-star family-run alpine wellness hotel in Going, Austria with multi-generational heritage, spa/wellness leadership, and sustainability credentials. Comparable as a long-established luxury mountain retreat with strong wellness and culinary identity.
• Kinsterna Hotel: Restored heritage manor in Monemvasia, Peloponnese operating as a luxury boutique hotel with restaurant and wine estate. Comparable as a Greek heritage-restoration luxury property with design-led positioning, dining focus, and experiential offerings.
• Euphoria Retreat: Greek wellness retreat in Mystras, Peloponnese combining historic setting with spa-led offering. Comparable as a design-forward Greek wellness destination targeting the same affluent wellness/longevity traveler as MANNA, though anchored more heavily in spa programs.

Broad incumbents

• Rosewood Hotels & Resorts: Global luxury hotel collection emphasizing heritage properties, design, and culinary programming. Comparable as a broad incumbent that competes for design-led, heritage-restoration luxury guests; Rosewood's portfolio approach contrasts MANNA's single-asset focus.
• Six Senses: Global luxury wellness-led hospitality brand operating resorts and hotels worldwide. Comparable as the broad-incumbent leader in luxury wellness hospitality; overlaps with MANNA's cave pool, hammam, forest sauna, and nature-immersion positioning.
• Aman: Global ultra-luxury hospitality brand with properties including Amanzoe in Greece. Comparable as the broad incumbent setting the price ceiling and design standard for ultra-luxury hideaways; Amanzoe specifically is the most direct geographic competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/manna-arcadia

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 MANNA ARCADIA