Politis

MHV Mediterranean Hospitality Venture Business Plan Update: Landmark Nicosia, Parklane Developments

Published December 29, 2025, 08:27
MHV Mediterranean Hospitality Venture Business Plan Update: Landmark Nicosia, Parklane Developments

MHV Mediterranean Hospitality Venture announced the progress of its activities according to its business plan. The company expects to achieve its financial goals for 2025, showing improvement compared to the previous year. In Cyprus, The Landmark Nicosia is expected to open in December 2025, while in Greece, the expansion of Nikki Beach in Porto Heli and the renovation of Porto Paros in Paros are progressing. Furthermore, demand for the company's properties, such as the Park Tower and Landmark Residential Tower, remains strong, with positive prospects for 2026. An agreement has also been signed with Marriott International for the development of a Luxury Collection Residences at Parklane in Limassol, with construction expected to begin towards the end of 2026.