Hard Rock Athens IRC has raised its investment in the Elliniko Integrated Resort Casino to €1.8 billion, Executive Director Georgios Stratigos said last week at the 8th Infrastructure & Transport Conference (ITC 2025) in Athens. The company says the flagship complex will blend hospitality, entertainment, meetings, and gaming, with first guests expected in 2028 if the schedule stays on track.
How will the €1.8bn plan reshape Athens?
Stratigos says the resort is meant to lift the city’s profile by drawing a mix of visitors, including higher spending travelers and international conference delegates. During major events, daily visitors are estimated at 10,000 to 15,000 people, which could lift local spending and keep tourism activity going year round across the wider Athens area.
What is planned inside the resort?
The IRC is designed as an all in one destination with large scale facilities.
- Approximately 1,100 hotel keys, with 200 suites and 900 rooms
- Fourteen dining spots with international brands
- Concert venues and an indoor arena for large shows
- One of Europe’s largest convention centers
- Expansive gaming areas, among the biggest in Europe
When will the resort open?
The developer is aiming for 2028 to welcome the first visitors in Elliniko, pointing to the combined experience of Hard Rock International and GEK Terna in delivering complex projects. The timeline still depends on permitting and how construction progresses.
Who spoke at ITC 2025?
Georgios Stratigos, Executive Director of Hard Rock Athens IRC SA, shared the update during the session, highlighting the project’s scale and the expected benefits for Athens.
How many new jobs will be created?
Job numbers were not shared in the remarks available. More details are expected as permits move ahead and construction contracts are finalized.
How much does it cost?
The investment budget has risen to €1.8 billion, a level the company calls a milestone for the joint venture between Hard Rock International and GEK Terna.
What challenges remain?
Stratigos pointed to the project’s complexity and the need for close coordination with authorities and investors. Licensing work is ongoing, and some regulatory issues are still pending. He added that balancing development with environmental impact is a priority, with a commitment to sustainability during construction and operation.
Why does it matter to residents?
For Athens, the project promises new cultural and business events, stronger visitor flows, and potential local procurement opportunities. At the same time, residents will watch how environmental safeguards and traffic planning are carried out as the project advances in Elliniko.
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