Lampsa Hellenic Hotels SA

Press Release

On Thursday, April 30, 2026, the company " Lampsa Hellenic Hotels SA" published its Annual Financial Report for the closing fiscal year (01.01.2025 – 31.12.2025). 

During 2025, the recovery of the tourism product continued, reaching a level of stabilization, a trend that has been escalating since previous years, resulting in the return of the lost momentum of hotels in terms of revenue, with the result that the Group has already improved its total revenues to levels significantly higher than in the last corresponding year,  before the pandemic crisis (2019). Significant changes have also occurred in the factors affecting the sales mix, since there is now a large increase in revenues from leisure tourism, with an increased average room rate, as well as conference tourism and business travel have now begun to recover dynamically. 

Sales in 2025 amounted to € 126,097 th. compared to € 122.893 th. in 2024, showing an increase of 3%. The sales of the parent company (Hotels "Grande Bretagne" and "King George") amounted to € 85,681 th. from € 81.527 th. in 2024, showing an increase of 5%. 

The Group's operating results before interest, tax, depreciation and amortization (EBITDA) amounted to profits of € 36,611 th. compared to profits of € 40,069 th. in 2024, reduced by 9%. Respectively, for the Company, profits amounted to € 28,777 th. from profits € 27.947 th. in 2024, increased by 3%. 

The Group's Earnings Before Taxes amounted to profits of € 24,476 th., compared to profits of € 26,600 th. of comparative fiscal year 2024. The earnings before taxes of the parent company amounted to € 20,707 th, compared to profits of € 18,782 th. of comparative fiscal year 2024.

The Group, in the context of its strategic development and targeted expansion, focuses on the completion of its new investment plans: 

• The expansion in the field of high-quality winter and mountain tourism, with the investment of more than 30 million euros for the radical modernization and upgrade of the "Elatos Resort & SPA" in Agoriani Parnassos, which is being implemented at a rapid pace. The aim is to create a high-quality mountain tourist resort of 12 months of operation with Wellness as its central concept and to make it a point of reference in both the Greek and international Wellness and Leisure market. For the management of the resort "Elatos Resort & SPA", the international luxury hotel chain "Emblems Collection" of the Accor Group was chosen.

• The expansion in the Entertainment sector, through the acquisition of a stake in Regency Entertainment, for the creation of integrated products and quality entertainment and hospitality services.

• The renovation works of the hotel "Athens Capital Suites – MGallery Collection", of the subsidiary company "ZALOKOSTA TOURIST SINGLE MEMBER S.A." were completed within 2025 and from April 15, 2025 it has been put into operation. The hotel unit has 19 luxurious suites, including a Presidential Suite, and offers personalized services.  

The Report includes the company audited and consolidated financial statements, the notes on the financial statements and the audit report of the Certified Public Accountants. The Report briefly describes information about the Group and the Company, financial information aimed at providing shareholders and investors with general information on the financial situation and results, the overall performance and the changes that occurred during significant events that took place and their impact on the financial statements of the same period. 

Athens, April 30, 2026