Four Seasons Hotels and Resorts will reflag the two hotels that make up Greece's Astir Palace Resort after the property completes a $120 million renovation next year.

The hotel will be Four Seasons' first in Greece.

The Four Seasons Astir Palace Athens will have about 300 rooms and as many as 13 luxury residences.

Situated on a 75-acre peninsula 16 miles south of Athens proper, the resort will have a beachfront promenade, infinity pools, an upgraded marina and a Nobu restaurant.

The hotel's interiors will be redesigned by New York-based Meyer Davis Studio, whose work includes the Four Seasons Houston, Chicago's W Hotel Lakeshore and Miami's 1 Hotel South Beach.

The resort was developed with beachfront bungalows in the 1960s before the 162-room Arion Resort & Spa was completed in 1967. The 162-room Nafsika Resort, which has since become the Westin Athens, was built in 1980.

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