ROYAL OLYMPIC HOTEL

What ROYAL OLYMPIC HOTEL does

Royal Olympic Hotel, operated by Olympic Hotels Inc., is a privately held, family-run five-star luxury hotel located at 28-34 Athanasiou Diakou Street in central Athens, Greece. Founded in 1963 and completely renovated in 2009 into an art hotel, the property sits directly in front of the Temple of Olympian Zeus and the National Garden, underneath the Acropolis. The hotel operates 59 employees across a single asset and serves three primary customer segments: leisure travelers visiting Athens' historical sites, corporate event clients, and couples hosting weddings and celebrations.

The hotel offers six room categories priced from €199 to €628 per night, ranging from Executive Rooms to Premium Suites, with several offering Acropolis views. Beyond accommodation, the property generates revenue from four F&B outlets (IOANNIS rooftop restaurant and bar with over 200 wine labels, pool bar, and lobby lounge bar), 18 meeting rooms accommodating 5 to 700 delegates, and wedding receptions at the rooftop garden and pool venues. Supporting amenities include an outdoor swimming pool, gym, wellness center, library, and business center. The core technology stack consists of standard hotel property management and booking systems, with a proprietary online reservation engine at reserve-online.net and a loyalty program.

Distribution combines direct website booking, two major OTA partnerships (Booking.com and Expedia), and dedicated in-house sales teams for group reservations and banquet inquiries. The hotel maintains a multi-language website in seven languages and active social media presence across Facebook, Instagram, YouTube, Twitter, and Foursquare. The operating geography is concentrated in Greece, with guest demand sourced globally through OTAs and direct channels. The company is privately owned, with no disclosed institutional investors, no funding rounds, no M&A activity, and no public listing.

Name

ROYAL OLYMPIC HOTEL

Legal name

Olympic Hotels Inc.

Website

https://royalolympic.com

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Short description

Royal Olympic Hotel is a family-run, five-star luxury property in central Athens operating 59 employees across accommodation, F&B, and events for leisure tourists, corporate clients, and wedding markets.

Ownership category

akta.pro rank

Product category

Luxury Hotel Accommodation

NAICS

Hotels (except Casino Hotels) and Motels (72111), Accommodation (721)

SIC

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

akta.pro industry

PRIMARYTHAGACAI

Luxury All-Inclusive Resorts

Travel & Hospitality/Lodging & Accommodation/Luxury Hotels & Resorts

SECONDARYTHAGALAL

Historic/Heritage Conference Hotels

Travel & Hospitality/Lodging & Accommodation/Convention & Conference Hotels

SECONDARYTHAGACAM

Luxury Villas & Residences Resorts

Travel & Hospitality/Lodging & Accommodation/Luxury Hotels & Resorts

Keywords

• Luxury hotel accommodation
• Conference meeting venues
• Wedding reception venues
• Rooftop dining restaurant
• Hotel concierge services

Headquarters

HQ city

Athens

HQ country

Greece

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Accommodation: Room rentals across multiple room categories (Executive, Deluxe, Athenian Panorama, Suites, Internal rooms) generating the primary revenue stream. Rates range from €199-€628 per night depending on room type and season.
2. Food & Beverage: Restaurant and bar services including the IOANNIS rooftop garden restaurant (dinner 19:00-23:00), IOANNIS bar (17:00-00:00), pool bar, and lobby lounge. The restaurant features Greek cuisine with over 200 wine labels.
3. Meetings & Events: Conference and banquet facilities hosting events from 5 to 700 delegates across 18 meeting rooms. Revenue generated from room rentals, catering, and associated services for corporate events, weddings, and special occasions.
4. Wedding Receptions: Wedding venue rental and catering services at rooftop garden and pool area venues, including customizable celebration packages.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Royal Olympic Hotel is a family-run five-star luxury hotel in central Athens offering accommodation across six room categories (Executive, De Luxe, Athenian Panorama, Internal Rooms, Junior Suites, Suites), four dining and bar venues (IOANNIS rooftop restaurant, IOANNIS bar, lounge bar, pool bar), 18 conference and banquet rooms for 5–700 delegates, and dedicated wedding reception hosting at the rooftop garden and pool area. Complementary amenities include an outdoor swimming pool, gym, wellness/spa services, business centre, library, and multilingual concierge services.

Product overview

Royal Olympic Hotel is a family-run five-star luxury property in central Athens, Greece. The hotel offers a comprehensive portfolio including accommodation (6 room categories from Executive to Suites), four dining venues (IOANNIS Restaurant, IOANNIS Bar, Lounge Bar, Pool Bar), extensive conference and event facilities (18 rooms accommodating 5-700 delegates), recreational amenities (outdoor pool, gym, wellness center, library), and concierge services. The property underwent complete renovation in 2009 and operates as an art hotel with a focus on environmental sustainability and personalized service.

Differentiator

Problem solved

Functional benefit

Brands

• IOANNIS Restaurant: The hotel's gourmet rooftop restaurant offering upscale Greek cuisine with over 200 wine labels.
• IOANNIS Bar
• Lounge Bar
• Pool Bar

Products and services

• Royal Olympic Hotel Accommodation Five-star luxury hotel accommodation in central Athens featuring six room categories ranging from Executive and De Luxe rooms to Athenian Panorama rooms with Acropolis views and Suites with living areas. Targeted at leisure travelers, business guests, and event attendees visiting Athens' historical sites.
• IOANNIS Restaurant (Roof Garden) Rooftop gourmet restaurant offering upscale Greek cuisine that combines forgotten traditional recipes with modern presentation, with panoramic views of Athens landmarks. Open for dinner 19:00-23:00 and serves hotel guests and external diners.
• IOANNIS Bar (Roof Garden) Rooftop bar offering homemade snacks, sweets, and an extensive selection of over 200 Greek and international wines with views of Athens monuments. Open 17:00-00:00.
• Lounge Bar Hotel lobby lounge bar offering drinks and light refreshments for in-house guests.
• Pool Bar Bar serving the outdoor swimming pool area with refreshments and light snacks for guests using the pool.
• Meetings & Events Conference and event facilities with 18 meeting rooms accommodating 5 to 700 delegates with ultra-high-speed Wi-Fi, natural lighting, and full-service banquet support. Targeted at corporate conferences, business meetings, incentive trips, seminars, and product launches.
• Wedding Receptions Wedding and celebration hosting service at the Roof Garden and Pool Area venues with Acropolis views, including venue rental and customizable catering packages. Targeted at couples hosting weddings and families arranging milestone celebrations.
• Outdoor Swimming Pool Seasonal outdoor swimming pool set in a garden setting in the heart of Athens, offering a rare central-city pool amenity for hotel guests.
• Gym Fully equipped fitness center available to hotel guests free of charge as part of the property's health and fitness offering.
• Wellness Center / Spa Wellness center offering spa and massage services available to hotel guests upon request.
• Concierge Services Multilingual concierge services providing curated information and arrangements for historical sites, museums, cultural venues, car rentals (Avis, Budget, Europcar, Hertz, National/Alamo), and transportation across Athens.

Quantifiable outcome

• 5-minute walk to Acropolis Museum, Temple of Zeus, and Acropolis metro station
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered minor and core.

• OverronminorOthersOverron provides AI Digital services for the hotel's digital strategy and hospitality services. Listed as 'AI Digital by Overron' in website footer, indicating a digital marketing and technology partnership for website and online presence optimization.
• Booking.comcoreChannel Partner/ Reseller/ DistributorMajor OTA partnership providing global distribution channel for hotel rooms. Third-party booking platform generating reservations with reviews (7.6/10, 2777 reviews).
• ExpediacoreChannel Partner/ Reseller/ DistributorOTA partnership providing global distribution channel for hotel rooms and travel packages. Third-party booking platform generating reservations with reviews (8.8/10, 10 reviews).
• AvisminorChannel Partner/ Reseller/ DistributorCar rental partner recommended to hotel guests for transportation. Listed in concierge services section with contact details for airport location.
• BudgetminorChannel Partner/ Reseller/ DistributorCar rental partner recommended to hotel guests for transportation. Listed in concierge services section.
• EuropcarminorChannel Partner/ Reseller/ DistributorCar rental partner recommended to hotel guests for transportation. Listed in concierge services section.
• HertzminorChannel Partner/ Reseller/ DistributorCar rental partner recommended to hotel guests for transportation. Listed in concierge services section.
• National Car Rental / AlamominorChannel Partner/ Reseller/ DistributorCar rental partner recommended to hotel guests for transportation. Listed in concierge services section.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Market position

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/RoyalOlympic
• YouTubeyoutube.com/user/RoyalOlympicHotel
• Facebookfacebook.com/RoyalOlympicHotelAthens
• Instagraminstagram.com/royal_olympic_athens
• LinkedInlinkedin.com/company/royal-olympic-hotel

Compliance3 records

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 ROYAL OLYMPIC HOTEL