Mykonos is preparing to welcome a new addition to its luxury hospitality scene, as ORA Hospitality announces the debut of its new ultra-luxury hotel brand, with its first property scheduled to open in May 2027.
Representing an investment of approximately €100 million, the new resort will be situated on an elevated hillside overlooking Kalo Livadi Bay, offering panoramic views of the Aegean Sea. The development will occupy a largely undeveloped stretch of coastline, bringing a new hospitality concept to one of the island’s most sought-after destinations.
The property will comprise 93 keys, including 60 rooms, 28 suites and five exclusive villas. Designed in a village-style layout, the accommodation will feature private outdoor spaces and sea views, combining contemporary architecture with the natural surroundings.
Designed by internationally recognised Rockwell Group, the resort will bring together architecture, art, music, wellness and gastronomy as central elements of the guest experience. Facilities will include four restaurants and bars, an event space accommodating up to 200 guests, and a 900-square-metre wellness centre dedicated to skincare, recovery, movement and wellbeing.
The new brand aims to offer a different perspective on the Mykonian holiday experience, balancing the island’s vibrant atmosphere with opportunities for relaxation, privacy and meaningful connections. Its philosophy centres on personalised service and carefully curated experiences, with collaborations across wellness, food and beverage, and lifestyle.
The project is being personally guided by Naguib Sawiris, founder of ORA Developers, whose long-standing connection with Mykonos has played an important role in shaping the resort’s identity and vision.
ORA Hospitality is the design-driven hospitality division of ORA Developers and the company behind the award-winning Silversands Hotels & Resorts in the Caribbean. The Mykonos opening marks an important step in its international expansion and the introduction of a new hospitality brand.
Reservations for the property are expected to open in January 2027, ahead of its scheduled May opening.
